Pro Farmer Analysis
Besides record wheat production, the canola crop was also the largest ever and barley production was the third highest.
Brazil became the second country in the world after Argentina to approve planting of GMO wheat, following a decision by the nation’s biosecurity agency CTNbio.
Cotton analysis and outlook for the next 5, 30 and 90 days.
It’s too soon for details yet, but it is clear based on our sources the U.S. crop and livestock insurance programs are being closely reviewed.
Corn-for-ethanol use totaled 443.6 million bu. in January, according to USDA.
The firm says yields in other areas of Brazil are expected to more than compensate for any losses caused by drought in Rio Grande do Sul.
The most recent land use survey showed that China’s total arable land decreased from 334 million acres in 2013 to 316 million acres in 2019, a loss of more than 5 percent in just six years.
Lawmakers are pushing for EPA emergency action to allow year-round E15.
The Brazilian government is set to resume the collection of federal taxes on fuels this week, the Finance Ministry said on Monday.
Price action and outlook for the next 5, 30 and 90 days.
A large portion of the safrinha corn crop in Brazil’s Parana and Mato Grosso do Sul states will be planted outside the ideal window, according to AgRural.
The Federal Reserve needs to get inflation on to a sustainable path down toward its 2% goal this year or else risk a repeat of the 1970s. . .
March soybeans rose 21 1/2 cents to $15.48 3/4. May soybeans gained 21 3/4 cents at $15.44. Both contracts closed near the session highs and closed at contract high closes.
Brazil’s largest farmer cooperative said growers are hoarding soybeans amid a drop in domestic prices.
Interesting comments on the Government Accountability Office (GAO) and its views on changes to crop insurance.
Early frosts in the coming days could hurt Argentina’s already beleaguered soy and corn crops in southern areas of the country’s main farming region. . .
The International Grains Council (IGC) cut its forecast for 2022-23 global corn and soybean production.
The Port of Savannah’s loaded container exports grew 21% in January.
House Speaker Kevin McCarthy (R-Calif.) pledged “this is the year to do a farm bill.”
Participants of a crop tour conducted by Grupo Labhoro and Noticias Agricolas traveled 1,864 miles across Santa Fe, Cordoba, Buenos Aires and Entre Rios, Argentina last week analyzing the crop situation.
In its annual rural policy blueprint, known as the “No. 1 document,” China’s State Council reiterated a recently stated goal to boost grain production. . .
Mexico’s coming ban on GMO corn imports could impact other areas of trade with the U.S., including sugar and corn syrup, an independent report released on Thursday said.
The U.S. exported 266.2 million lbs. of beef in December, down 10.9 million lbs. (3.9%) from November and 20.0 million lbs. (7.0%) below the previous year.
Conab, the Brazilian government’s crop estimating agency, released updated crop and export estimates for corn and soybeans.
So far this winter, grain movement in Canada has incurred few if any major problems to stymie rail shipments, according to Mark Hemmes, president of Quorum Corp., which tracks rail movement in Canada.
La Niña conditions continue to break down as expected, though the atmosphere is still being influenced by the phenomenon.
Advance sales of Brazil’s record 2022-23 soybean crop rose slightly over the past month but still trail last year and historical levels by a wide margin. . .
Tax policy geared toward farmers and others that transfer land and other assets to heirs will get a renewed focus at the Ways and Means Committee this year, a marker of the panel’s more rural tilt.
The latest estimate from StoneX raises its Brazilian soybean crop estimate to a record level.