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For the ag sector, Brazil is positioned to be the big winner and France the big loser.
Go over these helpful pointers if you’re planning to build new grain bins or expand your current storage setup in 2025.
The December WASDE report sent nearby March corn futures rallying to multi-week highs following a surprise cut in ending stocks and bolstered domestic export projections.
Large-scale family farms (GCFI of $1,000,000 or more) accounted for 48% of the total value of production and 31% of agricultural land in 2023.
Darren Frye, Water Street Solutions, says grains close higher after the WASDE and USDA’s surprise cut in corn ending stocks by 200 million bushels.
Some economists think agriculture is in a recession. Arlan Suderman, chief commodities economist for StoneX, is one of them. However, he believes comparisons to the 1980s are misguided.