Ag Trade: U.S. Wheat, Soybean Exports Increase; Chinese Corn Hit Hard by Weather Sep 18, 2020

🕔Sep 18, 2020
Reuters writers Hallie Gu and Gavin Maguire reported on Wednesday that, “China’s corn crop is expected to fall by up to 10 million tonnes, or nearly 4%, from the latest government estimates […]

Biofuels: Executive Branch Highlights Ethanol in Waiver Denials, E15 Promise Sep 15, 2020

🕔Sep 15, 2020
Wall Street Journal writers Lindsay Wise and Andrew Restuccia reported on Monday that, “The Trump administration will deny oil refiners’ retroactive requests for exemptions from U.S. biofuel laws, a major boon for Iowa, […]

Ag Trade: China, South Korea Ban German Pork Due to African Swine Fever Sep 14, 2020

🕔Sep 14, 2020
Late last week, Bloomberg writers Megan Durisin, Brian Parkin, and Isis Almeida reported that, “A deadly pig disease has materialized in Germany for the first time, threatening to hammer exports from Europe’s […]

Ag Trade: China Could Become Largest Corn Importer, Soybean Variables Come Into Focus Sep 11, 2020

🕔Sep 11, 2020
Bloomberg News reported earlier this week that, “The corn harvest in [China] the world’s top producer after the U.S. is being closely watched as demand for hog and poultry feed […]

Biofuels: Brazil Wants U.S. Counterpart to Negotiate Ethanol Import Tax Sep 9, 2020

🕔Sep 9, 2020
The United States started to pay a 20% tariff on all ethanol exported to Brazil this month. Before that, there was a quota of 750 million liters per year at […]

Ag Trade: High Chinese Demand for Farm Commodities Expected Sep 9, 2020

🕔Sep 9, 2020
Reuters writer Karl Plume reported last week that, “Chinese state-owned firms bought at least eight bulk shipments of U.S. soybeans on Wednesday, or at least 480,000 tonnes, for shipment in December […]

Ag Economy: Conditions Remain Weak with Some Improvements – Federal Reserve Beige Book Sep 4, 2020

🕔Sep 4, 2020
On Wednesday, the Federal Reserve Board released its August 2020 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations pertaining to the […]

USDA Farm Sector Income Forecast Updated for Sept. Sep 3, 2020

🕔Sep 3, 2020
The USDA’s Economic Research Service (ERS) indicated on Wednesday that, “Net farm income, a broad measure of profits, is forecast to increase $19 billion (22.7 percent) from 2019 to $102.7 billion in 2020. Net cash […]

Ag Trade: China Has “Stepped Up” U.S. Purchases, Taiwan Eases Limits on U.S. Beef, Pork Sep 1, 2020

🕔Sep 1, 2020
Reuters writer Karl Plume reported on Thursday that, “China made its largest weekly U.S. beef purchases on record last week, followed by its biggest U.S. corn deals in almost a month this week, […]

Midwest Corn: Derecho and Drought Take Toll on Crops Aug 31, 2020

🕔Aug 31, 2020
Bloomberg writers Michael Hirtzer, Dominic Carey, and Kim Chipman reported last week that, “The corn crop in the U.S. Midwest deteriorated the most in 8 years with hot weather adding to woes […]

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