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As of April 25, 46% of the U.S. was covered by abnormal dryness/drought, down one point from the previous week.
Canadian farmers intend to plant 27.0 million acres to wheat in 2023, up 1.58 million acres (6.2%) from last year, according to Statistics Canada (StatCan).
The European Union agreed to set binding targets for airlines in Europe to increase their use of sustainable aviation fuel (SAF), to kickstart a market for green fuels and cut the aviation sector’s carbon footprint.
USDA’s Cold Storage Report showed frozen beef stocks declined more than average during March. But pork stocks climbed contra-seasonally.
They added they were ready to aid the reconstruction of Ukrainian agricultural facilities damaged by the war.
Price action plus soybean market outlook for the next 5, 30 and 90 days.
The strike by the Urgara grain inspectors union that prevented the loading of ships at the main Rosario export hub today is scheduled to end at midnight.
Signs of an economic slowdown are flashing in the global diesel market, according to Bloomberg News.
5, 30 and 90 day outlooks for the wheat markets.
The Buenos Aires Grain Exchange kept its Argentine soybean and corn crop estimates at 25 MMT and 36 MMT, respectively.