Global Economy
I am keeping an eye on China’s soybean crushing pace. It might be slowing, which could lead to weaker soybean imports and weaker prices.
Despite COVID-19 variants, inflationary pressures and supply chain limitations, consumers will continue to power the economic rebound,
Nearly two years after COVID-19 invaded our world, we are still living with its disruptions, but we should not overlook the more traditional factors also at play.
Kip Tom has traveled the globe as an advocate for agriculture, a warrior against hunger and a political appointee trapped in the bureaucracy of promises and cultural divergence.
According to the Food and Agriculture Organization (FAO), food prices are up 40% over the past 15 months.
The Chinese pork industry has been transforming — with the shift from backyard farms to megafarms — ASF accelerated the change.
The global economy’s slow-and-steady rebound from the COVID-19 pandemic is good news for U.S. agriculture.
Given stubborn demand, the answer hangs on 2021 crops.
Corn and soybean supplies will remain tight enough the next 15 months to make it difficult to recognize the high when it is made.
Brazil was looking at $10 soybeans at the start of their planting last fall. What if prices are $13 this fall?
How high will prices go? How long will the high prices last? What is behind this rally? Here are some of the factors at play.
Brazil just keeps breaking records. For 2020/21 the country’s soybean production is forecast at a record 4.98 billion bushels, which is up 8.6% from last season’s record crop.
Global demand is focusing on China’s upcoming needs, which are largely unknown. The market is watching to see if they will buy more, cancel purchases, or delay shipments to next season.
Both corn and soybeans still face the potential for export cancellations, which could lead to larger carryouts and impact prices long-term. How will farmers be affected?
Pirates are stealing billions during the exchange of U.S. agriculture goods, and pumping the wares right back onto American department store shelves. But CSI is ready to take on agriculture crime.
Newly revised numbers from the Commerce Department are indicating the gross domestic product (GDP) of the United States increased 3.1 percent from April to June, the fastest growth rate in more than two years.
Pacific Nations Agree to Save TPP Trade Pact Without US Involvement
When Trump Puts America First, These Commodities Are at Risk
Mexico’s move to start allowing some imports of American chicken and turkey from states with commercial bird- flu cases signals that the disease’s threat to U.S. poultry exports is starting to subside.
Despite the U.S. dollar’s antics, there has been little change in sources of the cheapest grains.
China’s Food Giant Emerges as Leading Exporter of Brazil Soy
Analysts expect an even greater global wheat glut in 2017 to drive down prices and whittle away at acreage.
Investors are taking risk off the table to start the week.
Newly revised numbers from the Commerce Department are indicating the gross domestic product (GDP) of the United States increased 3.1 percent from April to June, the fastest growth rate in more than two years.
The European Union rushed to promote its preliminary free-trade agreement with Japan by stressing the benefits for EU farmers, who stand to gain easier access to the lucrative, highly protected Japanese food and wine markets.
To meet the ballooning demand from China’s newly wealthy middle class for a greater variety of foods such as meat, fruit and vegetables, China needs bigger, more efficient and safer farms. But that poses a huge dilemma for the state: if it allows all these little plots to be consolidated, it could put millions of rural workers out of a job.
The U.S. economy is projected to grow at a rate of 2% in the third quarter.
Soybean Market Gets Jittery Over China After Solar Panel Tariffs
Farmers showed up at the polls for Trump. Now they want him to do the same for them on NAFTA.