PRO FARMER
China will increase pork imports in the coming months, industry participants said, after losses for farmers last year caused a reduction in hog numbers that appears larger than official data suggests.
Brazil is now expected to produce a record 153.5 MMT of soybeans this year.
There are major concerns for the agricultural sector in Brazil.
SovEcon estimates Russia exported 4.3 MMT of wheat in October.
Recap of this week’s price action with 5-day, 30-day and 90-day outlook.
Two unions have rejected a proposed deal with railroads, while six have approved it.
The U.S. exported $13.6 billion of ag goods in September against imports of $15.9 billion, which resulted in a deficit of nearly $2.3 billion.
Updated estimates for corn and soybean crops.
Shipping giant Maersk on Wednesday warned of gloomy times ahead for global trade, even as it reported record profits stemming from high rates charged by its ocean business.
China’s customs authority updated its list of approved Brazilian corn exporters on Wednesday.