Global Markets: Oilseeds – U.S. Soybean Oil Premiums Rise as Prices Follow Energy Higher Jun 21, 2022

🕔Jun 21, 2022
Premiums for U.S. soybean oil vis-à-vis South American, as measured by export quotes, have risen to near $150/ton. This is up from $20/ton observed in early April. While the increase […]

Global Markets: Coarse Grains – China Looks to Diversify Its Corn Suppliers Jun 21, 2022

🕔Jun 21, 2022
On May 23, China and Brazil announced that they had signed a Protocol on Phytosanitary Requirements which would allow for the export of Brazilian corn to China. According to available […]

Global Markets: Rice – Mexico Slashes Paddy Tariff to Diversify Suppliers Jun 21, 2022

🕔Jun 21, 2022
On May 16, the Mexican government announced an effort to combat food price inflation with the elimination of import duties on a range of commodities for 1 year, including paddy […]

Global Markets: Wheat – India Bans Exports to Ensure Sufficient Domestic Food Grain Supply Jun 21, 2022

🕔Jun 21, 2022
The trade year (TY) 2022/23 (July-June) export forecast for India is revised down 2.0 million tons to 6.0 million after the Indian government implemented restrictions on wheat exports effective May […]

Global Markets: Cotton – China’s 2021/22 Imports Lowered Again Jun 21, 2022

🕔Jun 21, 2022
China 2021/22 imports are forecast to fall more than 4.3 million bales from the previous year to 8.5 million, down 300,000 bales this month and significantly less than previous projections. […]

Global Markets: Grains – Consumption Exceeds Production, Stocks Tighten May 14, 2022

🕔May 14, 2022
Global corn production is forecast down, driven primarily by a cut in Ukraine and the United States, but China and the European Union are expected to have smaller crops as […]

Global Markets: Oilseeds – Indonesian Palm Oil Exports Slashed May 14, 2022

🕔May 14, 2022
Marketing year 2021/22 (October to September) Indonesia palm oil exports are lowered 3.0 million tons this month, down to a 12-year low of 25.0 million tons. The forecast is reduced […]

Global Markets: Cotton – World Consumption Forecast Down from Last Year May 14, 2022

🕔May 14, 2022
Global cotton consumption is forecast at 122.0 million bales, down 1.0 million bales from the previous year. The highest cotton prices in 11 years and concerns regarding the global macroeconomic […]

Global Markets: Cotton – Highest U.S. Product Imports in 11 Years Support Record Consumption Mar 11, 2022

🕔Mar 11, 2022
The United States imports nearly all the cotton products (i.e., cotton apparel, home textiles, etc.) that U.S. consumers purchase in retail outlets. U.S. imports of cotton products in calendar year […]

Global Markets: Coarse Grains – Corn Prices Reach Record Highs Mar 11, 2022

🕔Mar 11, 2022
Per International Grains Council (IGC) data going back over 20 years, the corn price has reached $350/ton for the first time for a major exporter (the United States). Bids for […]

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