WASDE Shows Tighter Soy Supply Outlook – DTN Nov 13, 2020

🕔Nov 13, 2020
Recapping USDA supply and demand numbers for soybeans, the U.S. Soybean Export Council on Wednesday further broke down the outlook for a tight U.S. soybean supply that likely will lead […]

Brazil: Record 2020/2021 Grain Crop Expected Nov 11, 2020

🕔Nov 11, 2020
Brazil is expected to produce a record grain crop in 2020/2021, despite the drought that affected planting in some regions. On Tuesday, the National Supply Company (Conab) projected 268.9 million tons of […]

Global Markets: Coarse Grains – Turkey’s Corn, Barley Balance Sheet Revised Nov 11, 2020

🕔Nov 11, 2020
Turkey’s balance sheets for corn and barley are revised in the Production, Supply and Distribution (PSD) database to incorporate the revisions by the Turkey Statistical Institute (TSI). In October, the […]

Ag Trade: La Niña in Brazil Could Impact Chinese Demand for U.S. Soybeans Oct 30, 2020

🕔Oct 30, 2020
Soybean prices rose recently on the Chicago Mercantile Exchange, driven by the delay in planting the Brazilian crop, among other factors.  This situation should prolong Chinese demand for U.S. production […]

Biofuels: Corn Ethanol Production Booms in Brazil Oct 20, 2020

🕔Oct 20, 2020
A report earlier this month from USDA’s Foreign Agricultural Service (FAS), Corn Ethanol Production Booms in Brazil, stated that, “Plentiful, and generally cheap, corn supplies in Brazil’s Center-West region have enticed investment in […]

Brazilian Meat Packer With Significant U.S. Holdings Enters Pleas In Bribery Cases – DTN Oct 16, 2020

🕔Oct 16, 2020
It’s been a busy day in federal courts for JBS SA, its Brazilian owners and its poultry subsidiary, Pilgrim’s Pride, as the meatpacking conglomerate was ordered to pay a combined […]

Wheat: Argentina 1st Country to Approve GMO Production, Expects Authorization from Brazil Oct 15, 2020

🕔Oct 15, 2020
Last week, the Argentine government approved the first transgenic wheat in the world, tolerant to drought and ammonium glufosinate herbicide. The variety HB4 was developed by biotechnology companies Bioceres (Argentina) […]

Global Markets: Rice – Brazil Seeks Imports from Non-Traditional Suppliers Oct 13, 2020

🕔Oct 13, 2020
Earlier this year, Brazil harvested a large crop which supplied a temporary domestic surge in purchases after COVID-19 response measures were put in place. Strong demand for Brazilian rice has […]

Global Markets: Oilseeds – U.S. Soybean Futures Rise on Strong Chinese Demand, Limited Brazilian Supplies Oct 13, 2020

🕔Oct 13, 2020
Soybean prices on the Chicago Exchange topped $10.00/bu in mid-September, eventually peaking at $10.44/bu on September 18 before falling back to just below the $10.00 dollar mark at the end […]

Ag Trade: Biggest Challenge For U.S.-China – Strong Competition, Especially From Brazil Oct 5, 2020

🕔Oct 5, 2020
A recent report from USDA’s Foreign Agricultural Service (FAS), “China: Evolving Demand in the World’s Largest Agricultural Import Market,” stated that, “As part of the Phase One Agreement, China has committed […]

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