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Brazilian crop estimating agency Conab raised its official corn and soybean crop estimates.
The U.S. exported 583.9 million lbs. of pork in June. While that was down 34.2 million lbs. (5.5%) from May, it was up 50.7 million lbs. (9.5%) from last year and a record for June.
Since 2000 the USDA U.S. soybean production forecast has been above the trade average estimate eight times and below 15 times.
UAC said, “The key problem with the new harvest was its poor quality...
SovEcon says reduced competition from Ukraine and increased demand from northern African countries will aid Russian wheat exports.
Iowa Attorney General Brenna Bird and Nebraska Attorney General Mike Hilgers filed suit in federal court against EPA to protect the rights of their governors under the federal Clean Air Act.
The U.S. rejected Mexico’s proposal to jointly research the health effects of genetically modified (GM) corn, according to Reuters and Mexico media.
Soybeans were able to secure follow-through gains to end the week, along with an advanced technical posture, with a close held above the 40- and 200-day moving averages.
In a move to combat the use of food as a weapon, the U.S. is stepping forward to lead an international initiative supported by over 75 countries.
The observed increase in Payment Yields during the timeframe appears quite significant for specific crops.