Global Economy
Tomorrow we’ll know exactly how these reports will rock the markets. Here are some expert expectations.
See all of the report numbers and analysis from today’s World Agricultural Supply and Demand Estimates and Crop Production reports.
Corn output in China may drop for the first time in five years because of drought in the North China Plain, the country’s second-biggest producing region.
Two countries reach agreement on final protocol, USDA says.
Here’s the latest from the USDA’s World Agricultural Supply and Demand Estimates:
A severe drought that is threatening Asia’s top rice producers and drying up the Mekong River basin in Southeast Asia has exerted only limited impact on prices, thanks to last year’s huge rice surplus, according to officials.
Drought hurt crop production for Canadian wheat and canola this year, according to Statistics Canada’s latest Production of Principal Field Crops report released Friday, Oct. 2.
According to a recent Stats Canada crop survey, extremely dry fields in Alberta and Saskatchewan have cut into the yield potential of both crops.
The monsoon’s revival from mid-July has boosted India’s rice and soybean crops, curbing food price gains and easing concerns of shortages.
Rice farmer Boontham Chei-pa switches on a water pump in the evenings to irrigate his parched field from a canal in Thailand’s central province of Suphanburi.
A rice glut that sent prices slumping more than a year ago is shrinking, just as El Nino arrives to parch paddies across Asia.
The drop in soybean oil prices shrank its premium over processed palm olein to $50/ton. That spread needs to bounce back to $70 for palm to regain market share.
U.S. Customs and Border Protection said Wednesday that the 43,000 pound shipment of rice from Pakistan was infested with Khapra beetle larvae. Authorities say only dead larvae were found.
Canadian wheat growers will probably reduce output by 26 percent this year and canola production will also fall, the government’s statistics agency said today.
The winter-grain planting period is drawing to a close across the Northern Hemisphere, and young crops across some of the world’s top exporters face a mixed bag of conditions.
Weather phenomenon closely watched by commodities traders.
Ideal growing conditions this summer led to higher-than-normal yields for most crops, according to Statistics Canada.
The future of soybeans is in doubt as the profit and yield spreads between the two crops increase.
