PRO FARMER
Soybean prices have a chance of hitting the all-time high of $17.94 3/4 a bushel set in 2012 said Alex Sanfeliu, head of Cargill’s World Trading Group. . .
Due to drought in the country, Paraguay’s soybean production could drop to 5 MMT this year . . .
U.S. farm groups representing thousands of farmers and farmer-owned cooperatives that will be harmed by EPA’s decision to revoke all tolerances of chlorpyrifos are taking legal action against the agency.
The U.S. could impose new tariffs on Chinese goods if current trade talks with the country break down and the U.S. conducts a new trade investigation, according to the U.S. Chamber of Commerce.
The agreement between the states in the Mid America Association of State Transportation Officials increases emergency interstate truck weights to 88,000 lbs.
USDA cut its forecasts for Brazil, Argentina and Paraguay soybean crops, though the crop pegs remain above those of many private crop forecasters.
An $80.7 billion deficit in December drove the U.S. 2021 calendar year trade red ink to a record $859.1 billion, the U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported.
As Brazilian farmers are planting their safrinha corn crop, they face atrazine shipping delays and unexpected canceled deliveries. . .
Wheat futures rose after Stats Canada reported a big drop in the country’s inventories at the end of 2021, fueling concern over tight supplies of milling-quality wheat.
U.S. officials reiterated their stance that China has resisted urgings to live up to terms of the Phase 1 trade deal in remarks to Politico.