Imports and Exports
Financial Times reports say President-elect Donald Trump has asked Robert Lightizer to return as U.S. trade representative.
The good news is a Trump presidency and Republican-controlled Senate might result in fewer regulations and lower taxes. The bad news is the U.S. could be headed for a possible trade war with China and other countries.
Jon Scheve explains how cancellations in the grain industry work.
As president and CEO, Ryan LeGrand’s job is to develop relationships and export markets for U.S. grain farmers. His advice for those who are just getting started in their career is a bit unconventional.
Ag economists have little doubt Brazil will remain the world’s top exporter of soybeans, but with potential safrinha corn production problems, economists aren’t confident Brazil can hang on to the top spot in corn.
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.
A study from Sandro Steinbach and Yasin Yildirim of North Dakota St. Univ. and Xiting Zhuang of the University of Connecticut exams the current challenges in global shipping and their direct impact on U.S. agriculture.
Chip Flory warns that as more crush capacity comes online, the soybean market might realize it waited too long to bid for 2024 soybean acres.
Pay attention to the national corn yield, the number of planted corn acres and Brazil’s corn and soybean crops.
From drought issues posing problems in the Panama Canal to growing tensions and attacks in the Red Sea, it’s causing freight rates to skyrocket and ongoing delays in shipping products around the globe.