Global Markets: Soybeans – Chinese Demand, Supply Concerns Drive U.S. Priced Higher Jan 15, 2021

🕔Jan 15, 2021
Soybean prices continued to rise in December after falling back from late November highs. Cash prices pushed past $13.00/bu in early January following futures prices in Chicago that rose above […]

Global Markets: Cotton – Strong U.S. Exports Buoyed by China Jan 15, 2021

🕔Jan 15, 2021
Record U.S. shipments through December are supporting a stronger U.S. export forecast at 15.25 million bales, despite production falling 5.0 million bales from the previous year. China has accounted for […]

Global Markets: Corn – Argentina Reverses Course on Suspension of Exports Jan 15, 2021

🕔Jan 15, 2021
On December 30, 2020, the Argentina Ministry of Agriculture, Livestock, and Fisheries announced a temporary suspension of corn export registrations through February 28, 2021. Under the policy, corn could have […]

Global Markets: Rice – Philippines’ Import Forecast Cut Amid Larger Production Jan 15, 2021

🕔Jan 15, 2021
In 2018/19, the Philippines became the largest rice importer, following the removal of quantitative restrictions on its imports. However, in 2020/21 imports are set to decline for the second year […]

Global Markets: Wheat – Despite Restrictions, Russia to Reclaim Top Export Position Jan 15, 2021

🕔Jan 15, 2021
In December 2020, the Russian government announced trade-restrictive measures for certain grains and oilseed products in response to high domestic prices. This comes despite record wheat production and near-record production […]

Global Markets: Oilseeds – India Tariff Cut Boosts Palm Oil Imports Dec 11, 2020

🕔Dec 11, 2020
India, the world’s largest importer of palm oil, cut its crude palm oil tariff 10 percentage points in late November to curb rising food prices. Palm oil export prices have soared […]

Global Markets: Coarse Grains – Vietnamese Corn, DDGS Imports Supported by Decade of Strong Protein Production Dec 11, 2020

🕔Dec 11, 2020
Vietnam’s feed ingredient imports, principally corn and distiller’s dried grains with solubles (DDGS), have  seen prodigious growth over the past decade. A decade ago, Vietnam imported 1.7 million tons of […]

Global Markets: Rice – Abundant Supply, Low Prices Fuel Indian Exports Dec 11, 2020

🕔Dec 11, 2020
For 2020, exports from India are expected to reach a record, whereas exports from Thailand are estimated to be the lowest in 24 years, slipping from being the second to […]

Global Markets: Wheat – Global Prices Supported by Record Imports Dec 11, 2020

🕔Dec 11, 2020
Wheat prices for major consuming and exporting countries surged from last year despite record global production and ending stocks. Prices found support, in part, from record global imports and consumption […]

Global Markets: Cotton – How Bad Has COVID Affected the Global Sector? Dec 11, 2020

🕔Dec 11, 2020
COVID-19 has dramatically impacted nearly every sector of the global economy, and the cotton sector is no exception. Comparing the February 2020 USDA forecasts for 2019/20 and 2020/21 (presented at […]

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