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Friday’s technically bearish weekly low closes in winter wheat futures suggest follow-through chart-based selling pressure early next week. However, the winter wheat futures markets are also short-term oversold...
Soyoil premiums in Argentina reached their highest point since July 2022, according to Fastmarkets.
The U.S. exported $14.44 billion of agricultural goods in April against imports of $18.30 billion, resulting in a deficit of $3.86 billion.
The union warned a strike could significantly disrupt the flow of goods, services and individuals entering and leaving Canada.
The recent Treasury Department decision to allow U.S.-made ethanol and other biofuels to qualify for a SAF tax credit under the IRA/Climate Bill has sparked a range of reactions from different stakeholders.
Soybean losses related to recent floods in Brazil’s southernmost state of Rio Grande do Sul were estimated at 2.71 MMT, state crop agency Emater said.
Sustainable aviation fuel (SAF) won’t be commonplace anytime soon because its production is being hindered by significant land requirements and rising costs, according to Oilprice.com.
Corn-for-ethanol use totaled 416.9 million bu. in April, well below analysts’ expectations.
Consultancy StoneX cut its Brazilian safrinha corn crop forecast by 3.9% from last month. StoneX also cut Brazil’s 2023-24 soybean crop, which has been nearly totally harvested.
The potential consequences of not renewing the USMCA include significant economic and trade disruptions, increased policy and regulatory uncertainty, weakened enforcement of labor and environmental standards.