World Markets
Oil market remains a wild card after U.S. capture of Maduro.
Unless labor agreements are reached, Canadian National Railway and Canadian Pacific Kansas City will shut nearly all freight rail services in Canada at midnight on Thursday, snarling shipments of everything from wheat to fertilizer and meat.
Just this week, China’s largest real estate firm was told it must liquidate after trying to restructure for two years. Some experts say the country is teetering on a recession.
Pay attention to the national corn yield, the number of planted corn acres and Brazil’s corn and soybean crops.
The projects are focused on strengthening supply chain reliability, creating workforce development opportunities, speeding up the movement of goods, and improving the safety, reliability and resilience of ports.
The agency says exports picked up steam this year in countries such as Canada, India and Japan and that the new Regional Agricultural Promotion Program will keep the wheels of progress turning in 2024.
China bought around 3 MMT of soybeans or 110 million bushels from the U.S. last week, a volume that reportedly surprised the market. They added another 7.5 million bushels on Monday.
Let this sink in: One state in Brazil — Mato Grosso — produces the equivalent of Illinois and Iowa’s soybean production combined. Here’s a look at South America’s growing regions, crop calendar and production capacity.
Chinese importers bought around 10 cargoes of soybeans, or about 600,000 metric tons, for shipment from Gulf Coast and Pacific Northwest export terminals between December and March.
The shift to an El Niño weather pattern is creating dynamic market conditions. In particular, the U.S. soybean market will be extremely sensitive to threats to the Brazilian crop.
A delegation from 11 ag industry groups gathered in Beijing on Thursday to meet Chinese counterparts amid growing U.S. efforts to bolster farm trade even as political ties between their two countries remain strained.
China’s economic woes continue to mount with continued data pointing toward a recession. What does this mean for U.S. ag exports?
Home to 21% of the world’s population, China possesses only 7% of productive farmland. As such, shifts in the composition have effects that ripple across the globe.
Ukraine is a key player in global agriculture, and how these conflicts play out will have international impacts.
China contains the largest population of any country in the world. All those mouths drive demand across the globe and for your farm’s products.
China contains the largest population of any country in the world. All those mouths drive demand for your farm’s products.
The 2022/23 crop season could post two records in Brazil: a record 313 million tons of soybeans, corn, cotton, rice and wheat and a record storage deficit of more than 100 million tons.
It didn’t start with the swing of an ax in the Amazon or by an explosion in Kiev. Both contributed, but the shifts in global grain flows is a multifaceted prism through which the future is continuing to evolve.
A historic drought has severely cut the size of this year’s crop in Argentina, especially soybeans. Processors will be forced to import soybeans just to stay in business.
China’s recent business is welcome with U.S. corn exports running behind last year’s pace by nearly 40%. So why is China back in the market and how much more will they buy?
What is the state of the U.S. economy? How will these macro factors impact the agricultural economy? John Deere’s Kanlaya Barr provides a guide to a few risks you should monitor in the next year.
China, the top food importer on the planet and biggest buyer in history, is entangled in a potentially devastating population crash and the effect could be massive for U.S. agriculture.
From the docks of Southern California and Europe to the parcel hubs in the Midwest and the store shelves in New York, signs are growing that the global supply chain crisis is over.
China’s economy has been slowing the past several months due to continued COVID lockdowns. Since the Chinese election, however, stories have been flip flopping on a possible change in policy.
Brazil is a top-five producer of 34 agricultural commodities. As Brazilian farmers start to plant this fall, forecasts show the 2022/23 crop harvest could be the largest ever.
Corn and soybeans have different domestic supply stories; meanwhile, there does not seem to be a global shortage of either. What will it take to assure adequate supplies of domestic soybeans?
“There are 20 or 25 countries that want shelf space in Japan, but what differentiates U.S. meat from meat around the world is that it’s safe, reliable and tasty,” says Dean Meyer, USMEF chair-elect and Iowa farmer.