Global Markets: Rice – Nigeria a Significant Global Importer

🕔Dec 11, 2018Over the past several years, the Nigerian government has been promoting the concept of greater self-sufficiency in rice by supporting the local production and aiming to curtail foreign trade. Nigeria […]

Global Markets: Wheat – 2018/19 HRW Exports Behind Pace, Expected to Improve

🕔Dec 11, 2018The pace of HRW exports so far has been below average and will need to accelerate to reach the current export forecast of 8.7 million tons (320 million bushels). As […]

Global Markets: Coarse Grains – China’s Exports of Corn-Based Products Rise

🕔Dec 11, 2018China and the United States have been top exporters of corn-based products. In 2017/18 China’s exports of these products have grown nearing 5 million tons, roughly equivalent to 10-15 million […]

Global Markets: Oilseeds – Strong Brazilian Soybean Sales Expected to Slow Rebound in Argentine Exports

🕔Dec 11, 2018Brazil’s Oct/Sep soybean export forecast for 2018/19 is raised 4.0 million tons this month to 81.0 million and reflects a similar change in the current local year forecast. These changes […]

Global Markets: Cotton – China’s State Reserve Stocks Down; When Will Imports Pick Up?

🕔Dec 11, 2018China’s State Reserve (SR) stocks of cotton reached an estimated 60 million bales in the spring of 2014, after 3 years of massive buildup. SR stocks are currently estimated at […]

Global Markets: Grains – Chinese Stocks Swell on Production Revisions

🕔Nov 9, 2018Last month, China’s National Bureau of Statistics (NBS) released revised area, yield, and production estimates for corn, wheat, and rice from 2007/08 through 2017/18. This month’s Supply and Demand balance […]

Global Markets: Oilseeds – Chinese Soybean Imports Lowered

🕔Nov 9, 2018With a 4-million-ton cut in China’s soybean import forecast this month, projected imports combined for both 2017/18 and 2018/19 have fallen 16 million tons since the start of trade tensions […]

Global Markets: Cotton – Lower Stocks, Higher Consumption, Production Since Outlook Forum Forecast

🕔Nov 9, 2018The current USDA forecast shows global 2018/19 production at 119.4 million bales, down 3.5 percent from the previous season. At the USDA Agricultural Outlook Forum in February 2018, production was […]

Global Markets: Soybeans – Continued U.S.-China Tension Affecting Trade

🕔Oct 12, 2018As of the October 4 U.S. Exports Sales, U.S. soybean outstanding sales are below last year owing to fewer sales to China, which are currently 85 percent below last season. […]

Global Markets: Rice – Brazil Reasserts Role as Top South American Exporter

🕔Oct 12, 2018Brazil is the top Western Hemisphere rice producer and consumer. It is also a significant import market, and in fact a net importer as recently as 2016 and 2017. However, […]

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