Pro Farmer Analysis
In a decade, government outlays to subsidize crop insurance increased 60%, expanding in sync with the rapid growth in acreage covered by the policies, according to Risk Management Agency data.
Expected large Brazilian corn exports to China in 2023 are worrying Brazil’s meat companies, according to a statement from Santa Catarina’s meat processors lobby Sindicarne.
Attorneys general (AGs) representing seven Midwest states are against asking EPA to issue a waiver that would allow E15 to be sold in the region, starting this summer.
The Biden administration should pursue enforcement action against Canada and Mexico where necessary, Senate Finance leaders Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) said in a letter...
USDA’s attaché in Australia expects the country’s wheat crop to be slightly bigger than currently forecast by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and USDA.
USDA’s attaché in Beijing reports: “Feed mills have resumed mixing more corn in feed rations as higher prices for wheat and sorghum . . .
Mexico is already self-sufficient in production of white corn but is highly dependent on imports for yellow corn.
Updated acreage forecasts from S & P Global.
Trucking industry representatives have raised concerns that a larger reliance on SAF will take away key feedstocks from biodiesel. . .
Brazilian President Luiz Inacio Lula da Silva said Brazil and Argentina are studying the creation of a common currency to be used in trades between the two countries in order to reduce dependence on the U.S. dollar.
Brazil-based consulting firm AgRural trimmed its Brazilian soybean and corn crop estimates.
This year is already looking calmer than 2022 in liquefied natural gas markets, but that’s unlikely to slow the momentum for transports of the fuel.
Price action summary and outlook for the next 5, 30 and 90 days.
Bank of England (BOE) Governor Andrew Bailey said there was now more optimism about the prospects for inflation falling this year.
The lifting of Covid-19 restrictions in China is set to boost global oil demand this year to a new record high, the International Energy Agency (IEA) said.
Cargill and Viterra appear as charterers of two vessels to be loaded with Brazilian soybeans for delivery in Argentina over coming weeks, according to shipping data, Reuters reported.
European Union soft wheat exports since July 1 reached 17.67 MMT as of Jan. 15.
Brazil’s 2022-23 grain production will outgrow total storage capacity for the first time in 20 years . . .
U.S. export prices fell 2.6% from a month earlier in December, above expectations of a 0.5% drop.
Recaps of this week’s price action and quick-read outlook for next week, 30 days and 90 days.
China imported 10.56 MMT of soybeans in December, up 19.1% from last year and the highest monthly tally since . . .
Critics told EPA in the public session the agency has underestimated the existing or expected industry capacity.
The International Grains Council (IGC) raised its forecast for global wheat production in 2022-23, driven largely by a larger-than-expected crop in Ukraine.
The Buenos Aires Grain Exchange warned it may have to cut its production forecasts for soybeans and corn for the 2022-23 growing season by up to 25% . . .
Agroconsult expects Brazil to produce record corn and soybean crops in 2022-23, despite dry weather in the far southern state of Rio Grande do Sul.
With a pandemic-driven surge finally over, monthly import cargo volume at the nation’s major container ports has fallen below the 2 million twenty-foot equivalent unit (TEU) mark . . .
India’s wheat production is set to jump to a record. . .
Costs for hiring ships to transport commodities from the Black Sea have risen by more than one-fifth since the start of the year, Reuters reported, reflecting higher war risk insurance rates, industry sources said.
The latest issue for rail service is a dispute between Union Pacific and poultry giant Foster Farms.
Indonesia and Malaysia, the world’s biggest producers of palm oil, agreed on Monday to work together to fight “discrimination” against the commodity after a meeting between leaders from the countries.