PRO FARMER
The weak yen is one reason prices are rising in Japan, with consumer price inflation expected to approach the central bank’s longstanding 2% target in the next month or two.
In response to market prices, oil refiners are planning to increase jet fuel and diesel production instead of gasoline this summer.
For total grains, IGC cut production by 12 MMT, trade by 9 MMT and carryout stocks by 26 MMT from its 2021-22 estimate.
Higher crop prices have supported farmers and the agricultural sector. However, there are some challenges. . .
Vegetable oil buyers will likely switch some purchases back to palm oil as its discount is widening compared to other vegetable oils.
Chinese consumers are switching from pork to seafood for their protein needs, according to Bu Rui Ke, a research consultancy focused on agricultural commodities and publicly listed agricultural and food firms.
A group of 45 senators and 154 House members have filed an amicus brief with the U.S. Supreme Court calling for it to reverse a lower court ruling on Waters of the US (WOTUS) under the Clean Water Act (CWA).
Goldman Sachs Group Inc and JPMorgan Chase & Co commodity trading risk has increased, according to the companies’ first-quarter earnings disclosures.
Despite concerns that sanctions would limit Russian fertilizer shipments to Brazil, shipping data shows fertilizer is still being shipped, Reuters reported.
CF Industries is warning customers that fertilizer shipments might be delayed or may not reach farmers after Union Pacific (UP) railroad mandated certain shippers to reduce the volume of private cars on its railroad.