Global Economy
Jon Scheve discusses how issues in Ukraine and Brazil may mean upside potential for corn.
Speaker McCarthy agreed that the House wouldn’t lift the debt ceiling unless Congress slashes federal spending next fiscal year. Because of this, Bank of America is telling clients to expect a debt default this fall.
If the nation’s debt hits $31.4 trillion—it’s on track to do so by this Thurs.—the Treasury will need to take “extraordinary measures” to help pay the government’s operations and ward off a historic default.
Jon Scheve provides rationale for why soybean prices may go up or down in 2023
Jon Scheve discusses why corn prices may go up or down in 2023.
“There is a problem with people thinking the pullback of Covid-zero measures is equivalent to the economy reopening, which it is not.” says Leland Miller, CEO of research firm China Beige Book.
Foreign investors own 37.6 million acres of U.S. agricultural land, which is 2.9% of all privately held agricultural land and 1.7% of all U.S. land.
While U.S. agriculture isn’t facing an existential threat, the same cannot be said for farmers abroad, particularly in the developing world.
China moved to close parks, malls and museums on Tues. as COVID-19 cases hit near-record levels. Lockdowns follow reports that, days before COP27, Xi sent policy and business advisers to New York to meet U.S. executives.
Europe is racing to investigate potential acts of sabotage after both the natural gas pipelines linking it to Russia suffered inexplicable, sudden leaks. This comes as Europe transitions away from Russian fossil fuels.
Russia’s Blizzard of the Century Is a Blessing for Wheat Fields
It’s been almost a week since the USDA released its January crop production and World Agricultural Supply and Demand Estimates (WASDE) reports, showing a big corn crop became bigger and record-setting at 176.6 bushels per acre.
“There are still more questions than answers, but we did get a vessel out the door,” says Dan Basse, president of AgResource Company.
Food is essential to sustaining life and will ultimately be the key to rebuilding Ukraine’s future.
Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months.
Dive into these 13 trends that could impact your farm.
Brazil’s second corn crop, also known as the safrinha, is expected to produce a record 3.465 million bushels in the 2021/22 crop season. That’s 45% higher than last year.
Information arrives every day in our lives as a mashup of seemingly unconnected ideas, facts and guesses.
When farmers or ranchers in the U.S. face tragedy others in the industry are quick to help. That same mentality, of farmers helping farmers, has reached Ukraine as support rolls in from across the globe.
“Right now, Ukraine’s grain silos are full,” says David Beasley, executive director of the World Food Programme. “At the same time, 44 million people around the world are marching towards starvation.”
Ukrainian farmers in the southern region of Zaporizhzhia are determined to get their fields planted this spring.
Trade disruptions in energy, fertilizer and grains are inevitable. In fact, effects are likely to last for years, possibly even decades.
Before Putin’s forces even breached the Ukraine border, fear and speculation drove commodity prices skyward. Concerns are warranted.
Farm commodity prices, production costs and consumer food prices are higher than would have been expected a few months ago, according to the 2022 U.S. Baseline Outlook report by FAPRI.
We could be headed for a volatile year – or more – in both ag commodities and energy. Here are just a few reasons for strong prices.
This article discusses the factors impacting the market right now for both corn and beans and what to expect in the coming months.
AgriTalk’s Davis Michaelson hosted Vince Malanga, president of LaSalle Economics, on Tuesday, Jan. 25, to dive into the current events and potential market impacts.
Clinton Griffiths talks with market experts to dive into how these global events will impact the agricultural markets and more.
The world changed quickly over the last days, requiring a reassessment and perhaps “reset” in thinking.
Hopes for docile agriculture markets in 2022 have already been blown out of the water. Instead, we could be headed for a volatile year – or more.