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Tag "global markets"

Global Markets: Corn – Colombia A Promising Market for U.S. Growers

Global Markets: Corn – Colombia A Promising Market for U.S. Growers

👤From USDA 🕔Aug 11, 2017

After Mexico, Colombia is the second-largest market for U.S. corn in the Western Hemisphere. Because Colombia does not produce enough yellow corn domestically, it is heavily reliant on imports to meet growing demand from its pork and poultry industries. U.S.

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Global Markets: Rice – Sri Lanka Imports at Record Levels

Global Markets: Rice – Sri Lanka Imports at Record Levels

👤From USDA 🕔Aug 11, 2017

Sri Lanka’s reduction in domestic rice supplies is spurring its return to the global market. Sri Lanka’s recent rice crops have been affected both by untimely flooding and its worst drought in 37 years. Subsequent seed shortages and diminished reservoir

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Global Markets: Wheat – Canadian, U.S. Exports Down on Tightening Supplies

Global Markets: Wheat – Canadian, U.S. Exports Down on Tightening Supplies

👤From USDA 🕔Aug 11, 2017

Year-over-year, combined Canadian and U.S. wheat exports are projected lower based on smaller crops in both countries. However, massive carryin stocks partially offset the lower production. Drought conditions have affected spring wheat production, leading to tight supplies of high-protein wheat.

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Global Markets: Grains – Mexico Grows as Grain Importer, Supplied Primarily by U.S.

Global Markets: Grains – Mexico Grows as Grain Importer, Supplied Primarily by U.S.

👤From USDA 🕔Aug 11, 2017

Over the past decade, Mexico has expanded its role as a top grain importer, nearly doubling its combined imports of corn, wheat, and rice over this period. Mexico’s imports are now forecast to slightly exceed those of Japan, which for

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Global Markets: Cotton – Sales from China State Reserve Reach 10 Million Bales

Global Markets: Cotton – Sales from China State Reserve Reach 10 Million Bales

👤From USDA 🕔Aug 11, 2017

Sales from China’s State Reserve remain strong with cumulative sales since the start of auctions on March 3 reaching over 10 million bales (2.2 million tons) this week. The average sale price has been $0.966 per pound, 10 cents higher

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Global Markets: Oilseeds – Recovering EU Rapeseed Production Offsetting Lower Imports

Global Markets: Oilseeds – Recovering EU Rapeseed Production Offsetting Lower Imports

👤From USDA 🕔Aug 11, 2017

In 2017/18, EU rapeseed production is forecast to recover to 22.0 million tons. This is expected to diminish the need for extensive imports in the coming year while allowing processors to maintain crush at high levels – similar to 2016/17.

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Global Markets: Wheat – Russia Forecast to Be World’s Leading Exporter for 1st Time

Global Markets: Wheat – Russia Forecast to Be World’s Leading Exporter for 1st Time

👤From USDA 🕔Jul 12, 2017

Russia is forecast to be the world’s leading exporter for 2017/18 for the first time, surpassing the EU and the United States. Russia’s total supplies are expected to be record-breaking based on near-record production as well as massive carry-in from

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Global Markets: Grains – India to Import Wheat While Exporting Ample Rice

Global Markets: Grains – India to Import Wheat While Exporting Ample Rice

👤From USDA 🕔Jul 12, 2017

India is a significant player in global food grain trade. It is the second largest producer of rice and third for wheat. Government policies have encouraged production of these two staple grains, which are forecast at record levels. Despite bumper

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Global Markets: Oilseeds – U.S. Soybean Exports Forecast to Reach Record

Global Markets: Oilseeds – U.S. Soybean Exports Forecast to Reach Record

👤From USDA 🕔Jul 12, 2017

The U.S. soybean export forecast for 2016/17 is raised 1.4 million to a record 57.2 million tons this month on the strength of exports to date and outstanding sales to be shipped later. As of the week ending in June

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Global Markets: Cotton – Expansion of U.S. Exports Supports 2nd Highest Level on Record

Global Markets: Cotton – Expansion of U.S. Exports Supports 2nd Highest Level on Record

👤From USDA 🕔Jul 12, 2017

U.S. export shipments through 11 months of the 2016/17 marketing year are running more than 70 percent ahead of year-ago levels, keeping them on track to reach the USDA forecast of 14.5 million bales, the second highest level on record.

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