Pro Farmer Analysis
The area sown to winter grains in Ukraine could fall by 30% to 60% in 2023 without state assistance and an increase in grain exports, UABC agriculture union director Roman Slastyon said.
A severe drought is magnifying Europe’s economic risks by disrupting crop yields, energy production and trade flows at a time when the continent is already facing soaring food and fuel prices. . .
China’s ag ministry cut its estimate for 2021-22 (Oct.-Sept.) soybean imports to 91.0 MMT. . .
President Joe Biden is “very cautious” about making a move on the Trump-era tariffs on China and is still assessing his options, Commerce Secretary Gina Raimondo said Wednesday.
U.S. labor productivity fell for the second straight quarter this spring while labor costs climbed, a bad sign for Federal Reserve officials trying to get inflation back under control.
Soy-based asphalt technology discovered by accident at Iowa State University will be nationally available for commercial use next year.
India could scrap a 40% duty on wheat imports and cap the amount of stocks traders can hold to try to dampen record-high domestic prices, government and trade officials told Reuters.
Private analytics firm IHS Markit Agribusiness forecasts the U.S. corn crop smaller than USDA’s July projections.
EPA said in court filings this week it will not meet the court-ordered Oct. 1 deadline for the agency to review its cancer assessment and to conduct an Endangered Species Act (ESA) review of the herbicide glyphosate.
Russia may not reach its expected harvest of 130 MMT of grain due to weather factors and a lack of spare parts for foreign equipment, the country’s ag ministry said on Friday.
The London insurance sector is preparing to cover Ukrainian grains & fertilizer shipments through a secure corridor, voyages that may need up to $50 million of insurance coverage per cargo. . .
The Biden administration filed a brief with the U.S. Court of International Trade defending the duties imposed by the Trump administration on some $320 billion in Chinese goods.
America’s farmers have an opportunity to be “a real hero in our ability to address climate change” through improvements in productivity and climate-smart practices. . .
November futures soared $1.52 3/4 for the week, or 11.7%, the largest weekly percentage gain since August 1999.
Seth Meyer, chief economist at USDA, told Reuters developing countries in North Africa and elsewhere could be the first to see some relief in prices at grocery stores. . .
Finding enough seafarers willing to sail ships stuck inside Ukraine’s ports is set to pose a major challenge to the resumption of Ukrainian grain exports.
The paper agreement to restart Ukrainian grain exports via the Black Sea is running up against the reality of how difficult and risky the pact will be to carry out.
Increased demand from Europe amid the war in Ukraine drove a rise in exports to an average of 11.2 billion cubic feet per day, a 12% jump compared to the second half of 2021.
IMF now expects the world economy to grow 3.2% in 2022 before slowing to a 2.9% GDP rate in 2023 — marking a downgrade of 0.4 and 0.7 percentage points, respectively, from its April forecasts.
Brazilian and Chinese officials are re-discussing a protocol aimed at allowing Brazilian corn to be shipped to China sooner than initially intended, according to Brazil’s ag minister.
Containers are piling up around the country and trains are waiting for longer stretches at depots, the Wall Street Journal reports. . .
Reuters reports the Biden administration is “investigating Chinese telecoms equipment maker Huawei over concerns U.S. cell towers. . .
The International Grains Council (IGC) trimmed its forecast for this year’s global corn output, largely driven by drought stress in the European Union.
The Biden administration wants to spur the electrification of the transportation sector beyond traditional cars.
Putin said Gazprom will restart gas supplies to Europe via the Nord Stream 1 pipeline on schedule Thursday — but at a drastically reduced capacity.
A high-pressure ridge is expected to expand while drifting temporarily into the heart of the Plains & portions of the Corn Belt this weekend & early next week resulting in what may be the hottest temps of the summer...
Brazilian corn may only be shipped to China next year because of demands made by Beijing regarding trade protocols being put in place. . .
Sens. John Thune (R-SD) & Amy Klobuchar (D-MN), members of the Senate Ag Committee, led several of their colleagues in requesting that USDA Sec. Vilsack address implementation issues with the Emergency Relief Program...
The ruling delivers a blow to Democrats and environmental groups, who want the agency to crack down on emissions from power plants and other sources to mitigate climate change.
Food prices jumped 10.4% from year-ago in June – the biggest annual gain since February 1981.