Pro Farmer Analysis
The Kansas City Federal Reserve’s latest Ag Finance Update showed farm debt has risen, but delinquencies are low.
Exports of Canadian grain for the first month of the 2024-25 marketing year were off to a good start with data from the Canadian Grain Commission showing increases for several crops.
The Amazon region of northern Brazil continues to suffer under the worst drought in 120 years, resulting in the lowest water level at the Port of Manaus in 122 years.
The Container Port Performance Index 2023 reveals a stark contrast between Chinese and American port efficiencies.
India approved a 101 billion rupee (US $1.2 billion) program to double edible oil production in the country within seven years, aiming to reduce dependence on costlier imports.
Brazil is projected to import its highest amount of diesel in two years, driven by a strong economy and increased fuel demand.
CARB is maintaining its proposal from August to limit credit generation for certain crop-based biofuels, while expanding the scope of feedstocks affected.
The U.S. Trade Representative’s (USTR) office and USDA on Monday detailed strides made in expanding market access and boosting agricultural exports for U.S. producers.
Russia hiked the export duty for corn almost tenfold, marking the first sign of export curbs amid lower corn crop forecasts.
November soybeans rallied 24 3/4 cents to $10.65 3/4 and surged 53 3/4 cents on the week. We share our outlook for the next 5, 30 and 90 day segments.
This labor dispute between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) could have far-reaching consequences if an agreement is not reached before the contract expires on Sept. 30.
Winter wheat planting rates in Russia have fallen to an 11-year low, clouding the outlook for the 2025 harvest, Black Sea consultancy SovEcon said.
USDA revised its forecast for food prices in 2024, expecting a smaller increase than previously predicted.
Brazil is making significant strides in the development and production of sustainable aviation fuel (SAF), positioning itself as a potential leader in this emerging market.
The study suggests renewable energy development can coexist with agricultural production in many cases. However, the researchers noted these projects have local socioeconomic effects on rural communities.
Despite lawmaker chatter this week about various high-level meetings regarding a new farm bill, the same issues remain.
We recap this week’s price action and provide outlook for the next 5, 30 and 90 day segments.
Senate Ag Chair Debbie Stabenow (D-Mich.) is pushing to finalize a full five-year farm bill rather than pursue an ad hoc emergency assistance package for farmers, despite pressure from commodity groups and some lawmakers.
The International Grains Council (IGC) trimmed its forecast for 2024-25 global wheat and corn production.
That’s a major topic frustrating U.S. corn and ethanol producers, with Brazil maintaining protective tariffs while the U.S. allows tariff-free access for Brazilian ethanol.
The tariff rate on U.S. soybeans is as high as 56.5%, including goods and services tax (GST) and value added tax (VAT). This high tariff structure acts as a significant trade barrier for U.S. soybean exports to India.
The contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) is set to expire on Sept. 30.
The Brazilian Chamber of Deputies approved the “Fuels of the Future” bill last week, which could increase soybean crushing for biodiesel production.
Members of the National Oilseed Processors Association (NOPA) crushed 158.0 million bu. of soybeans during August.
Remnants of Hurricane Francine produced significant rains across the northern Delta and Tennessee River basin, but World Weather Inc. says water levels on the lower Mississippi river will rise for only a few days before falling again.
Environmental groups challenge the EPA’s 2023 decision to deny a petition for stricter regulations, arguing that the agency is neglecting its duty to control CAFO pollution.
We recap this week’s price action and provide outlook for the next 5, 30 and 90 day segments.
The report recommends moving away from the current system of subsidies based on land size to one focused on farmer income.
The House approved the Protecting American Agriculture from Foreign Adversaries Act, aimed at increasing oversight of farmland purchases by foreign investors, particularly those from China, Russia, Iran and North Korea.
Reuters reported USDA Secretary Tom Vilsack is “confident” the clean fuels tax credit will be finalized by end of the Biden administration in January.