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This bill calls for USDA to investigate concentration within the fertilizer industry and assess any potential “anticompetitive impacts.”
The path U.S. consumers expect inflation to take over the next year softened in November to the lowest level in more than two years.
Soy complex futures posted strong gains to start the week, with January soybeans up 32 cents to $13.36, January meal futures $8.50 higher to $413.20 and January soyoil up 91 points to 51.11 cents.
Black Sea consulting firm SovEcon raised its 2023 Ukrainian corn crop estimate by 900,000 MT.
The U.S. exported 572.2 million lbs. of pork in October, up 11.0% from September and 5.7% more than last year.
India is planning to discourage the diversion of sugar for ethanol production as part of efforts to ensure sufficient supplies of the sweetener in the local market, government and trade sources said.
The U.S. exported $16.64 billion of ag goods in October against imports of $16.90 billion for a trade deficit of $262 million.
China is currently facing a significant and potentially dangerous issue related to its hidden debt problem, the Wall Street Journal reports.
Canada’s wheat crop is estimated at 32.0 MMT by Statistics Canada, up from the 29.8 MMT forecast in September.
This recommendation comes amid a long-standing policy debate that is expected to become a contentious issue during the next farm bill discussions.