Supply Chain
Unless labor agreements are reached, Canadian National Railway and Canadian Pacific Kansas City will shut nearly all freight rail services in Canada at midnight on Thursday, snarling shipments of everything from wheat to fertilizer and meat.
The strong close in soybeans reflects concerns about South American weather. If South American production drops 100 million bushels that makes U.S. ending stocks at 220 million bushels look tight, says Jerry Gulke.
Brazil briefly wore the global corn export crown in 2012 because of the U.S. drought. With the ability to churn out three corn crops per year and a supply deal with China, Brazil might be set to maintain that title.
In early 2022, a possible trucker shortage grabbed headlines, but John Phipps says even today, there isn’t much hard data to substantiate that alarm.
Understand how global headwinds and tailwinds will affect your operation.
In celebration of National Ag Day and National Ag Week, the 2023 Feeding the Economy report shows just how vital the industry is to U.S. families, communities and the world.
Why Are Some Ag Retailers Sitting on High Fertilizer Prices? Making Sense of the Disparity Right Now
Fertilizer and herbicide prices continue to fall, and there are signs the decline will continue. Now the issue is the number of ag retailers sitting on high-priced inputs, which are often passed on to farmers.
Russia badly needs to replace expended and outdated Soviet arms while China needs Russian energy. That is compelling math. This is bad news not just for the heroic people of Ukraine, but Europe and the US.
The National Farm Machinery Show revealed one major theme: the supply chain is still posing major problems for ag equipment manufacturers, an issue that’s improving, but could still last the remainder of this year.