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Cargo vessels can load more corn and soybeans and reduce shipping costs due to dredging progress on the lower Mississippi River, according to the Soybean Transportation Coalition.
Consumers are willing to pay more for retail meat and most food service meat, according to the monthly Kansas State University Meat Demand Monitor.
The fourth increase over the past month by the exchange was due to higher-than-expected yields as farmers wrap up harvest.
Drier and hotter weather is predicted for southern Brazil, Paraguay and Argentina, according to World Weather Inc.
U.S. trade deficit widens for November despite increased ag surplus
Brazil-based consultancy AgRural slashed its Brazilian soybean crop estimate by 11.3 MMT to 133.4 MMT due to heat and drought in southern Brazil.
High pressures on global supply chain networks and a surge in inflation may have peaked, according to the New York Federal Reserve Global Supply Chain Pressure Index (GSCPI).
Due to dryness in Argentina, the Buenos Aires Grain Exchange says it might start marking down their record high 2021-22 corn harvest estimates. . .
Fed minutes: Need to hike rates faster, reduce balance sheet quickly
Soft wheat exports from the European Union for the 2021-22 season reached 14.01 MMT by Jan. 2. . .