PRO FARMER
Global bonds yields are on the rise (lower prices).
However, the stagnation comes as the disparity between fertilizer prices and potential profits widens.
Brazil’s environmental authorities seized around 7,000 illegal head of cattle in the Amazon and issued fines to several ranchers and slaughterhouses.
Inflation adjusted cost of production for corn has been consistently high since 2012
The Trump Administration outlined plans to implement a 50% tariff on products from India.
The world’s first ethanol to jet fuel production facility expects to begin production in September
September will bring another funding cliff for USDA and the rest of the federal government.
President Trump is poised to impose some of the highest tariffs among trading partners on Brazil.
Market keys for the next 5, 30 and 90 day segments.
The NPPC is working to get out in front of upcoming Farm Bill legislation.