Pro Farmer Analysis
Brazil is making significant strides in the development and production of sustainable aviation fuel (SAF), positioning itself as a potential leader in this emerging market.
Despite lawmaker chatter this week about various high-level meetings regarding a new farm bill, the same issues remain.
We recap this week’s price action and provide outlook for the next 5, 30 and 90 day segments.
Senate Ag Chair Debbie Stabenow (D-Mich.) is pushing to finalize a full five-year farm bill rather than pursue an ad hoc emergency assistance package for farmers, despite pressure from commodity groups and some lawmakers.
The International Grains Council (IGC) trimmed its forecast for 2024-25 global wheat and corn production.
The tariff rate on U.S. soybeans is as high as 56.5%, including goods and services tax (GST) and value added tax (VAT). This high tariff structure acts as a significant trade barrier for U.S. soybean exports to India.
The contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) is set to expire on Sept. 30.
The Brazilian Chamber of Deputies approved the “Fuels of the Future” bill last week, which could increase soybean crushing for biodiesel production.
Members of the National Oilseed Processors Association (NOPA) crushed 158.0 million bu. of soybeans during August.
Remnants of Hurricane Francine produced significant rains across the northern Delta and Tennessee River basin, but World Weather Inc. says water levels on the lower Mississippi river will rise for only a few days before falling again.