Amari says TPP would address many of Trump’s trade concerns. He sees it as a ’fair chance’ U.S. will eventually ratify TPP under Trump.
Apparently taking favorable weather into account, USDA this week raised Brazil’s soybean production estimate, on the heels of a similar adjustment by Brazil’s government.
Soybean futures soared Thursday after a bullish USDA report pushed down production estimates lower than expected.
China has increased punitive tariffs on imports of a U.S. animal feed ingredient known as distillers' dried grains (DDGS) from levels first proposed last year, potentially escalating a trade spat between the world's two largest economies.
South Korea is in the throes of a bird flu outbreak has asked the United States to ship it shell eggs, marking the first time the Asian country has sought to buy large quantities of fresh U.S. eggs.
Markets slid lower Wednesday, a day ahead of a slew of USDA January reports, including ones that will detail annual crop production and quarterly grain stocks.
A special form of clean-burning charcoal used for pizza and bread ovens is the first legal export from Cuba to the U.S.
So far, favorable South American weather forecasts support estimates of increased crop production in Brazil and Argentina. As a result, some analysts are betting on bigger U.S. ending stocks.
Soybeans rallied Tuesday for the second day in a row despite the threat of a record bumper Brazil crop, while corn and wheat futures slid.
Brazil ‘s government grain agency CONAB raised its estimates Tuesday for record bumper crops of soybeans and grains.
Anyone seeking signs of shrinking Chinese ambitions in world agriculture markets need look no further than the inaugural speech of Jingtao Chi, tapped to run the global trading unit of the nation’s biggest food company.
Even though analysts don’t expect major adjustments by USDA in the January crop production report, they will be paying very close attention to its estimates on Thursday.
Brazil’s soybean crop looks so promising that analysts are raising their average estimate by from 103.1 MT to 103.5 MT, according to a poll by Reuters.
Soybeans seesawed down Thursday, backing off from Wednesday’s rally, while corn and wheat rose as funds continued to rebalance positions, according to analysts.
Soybeans shot up nearly 20 cents Wednesday as traders weighed reports of heavy rains in Argentina and the U.S. dollar lost strength.
Soybeans began 2017 by breaking an upward trend and corn prices rose as traders readied positions for next week’s anticipated moves by index funds, according to analysts.
The composite dairy prices on the Global Dairy Trade auction declined 3.9% today.
Brazil’s trade surplus soared to a record U.S. 47.69 billion, the country’s trade ministry’s statistics revealed on Monday.
How much more corn and beans can South America produce? That, of course, depends on the weather.
And favorable South American weather forecasts are supporting estimates for increased crop production in Brazil and Argentina.
Wheat and corn advanced Thursday in light year-end trading and soybean futures slid for the second day in a row.