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FAS Reports Highlight Brazil and Argentina Crop Production and Exports

The USDA’s Foreign Agricultural Service (FAS) indicated in a report this week, “Brazil: Grain and Feed Update,” that, “Brazilian agricultural production is expected to continue growing in 2023, maintaining the…

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Recent News Summaries

Jan. 1 Cattle Inventory Down 3%, Beef Cow Herd Lowest Since 1962; While China Owned North Dakota Corn Mill Draws Focus

Bloomberg writers Michael Hirtzer and Elizabeth Elkin reported yesterday that, “Steaks and hamburgers will likely be more expensive in the next few years with US cattle shrinking to its lowest…

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Brazil, U.S., Ukraine, Australia Grain Exports, and China Growth, in Focus

Bloomberg writers Tarso Veloso Ribeiro and Michael Hirtzer reported late last week that, “Global demand for corn will come back to the US in the coming months, according to Archer-Daniels-Midland…

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FT: “World’s Food Supplies Still Under Threat,” “Multiple Risks Remain,” Notes Bloomberg News

Emiko Terazono reported on Saturday at The Financial Times Online that, “Fertiliser and crop prices have fallen sharply since their peaks after last year’s Russian attack on Ukraine.”

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FAS Report Highlights China’s Corn Imports From Brazil; While Rice Prices Climb

The USDA’s Foreign Agricultural Service (FAS) indicated in a report this week, “China: Grain and Feed Update,” that, “Post forecasts MY2022/23 corn imports at 18 MMT, the same as USDA’s…

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DTN: Retail Fertilizer Price Trends, “Considerably Lower,” While Mexico Hopes to Reduce Corn Imports

DTN writer Russ Quinn reported yesterday that, “Most average retail fertilizer prices were lower the third week of January 2023, according to sellers surveyed by DTN.”

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Kansas City Fed: Gradual Increase in Farm Lending Persists

In an update last week from the Federal Reserve Bank of Kansas City, “Rebound in Farm Lending Continues,”  Cortney Cowley and Ty Kreitman indicated that, “Farm lending activity continued to increase…

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