Latest News Summary
Ukraine Dam Destroyed, Wheat Jumps; “Ukrainian Forces Step up Attacks”-US Corn Condition Deteriorates
Wall Street Journal writers Matthew Luxmoore and Bojan Pancevski reported today that, “A major dam and power station in a Russian-occupied part of Ukraine were destroyed Tuesday, casting uncertainty over…
Recent News Summaries
USDA- Economic Research Service Report Highlights U.S. Soybean Production
Last week, the USDA’s Economic Research Service (ERS) released a report titled, “Characteristics and Trends of U.S. Soybean Production Practices, Costs, and Returns Since 2002.” Today’s update includes highlights from…
DTN: “Fertilizer Prices Mostly Higher for First Time Since November”
DTN writer Russ Quinn reported last week that, “According to retail fertilizer prices tracked by DTN for the fourth week of May 2023, fertilizers are mostly higher.”
FAO Food Price Index at Two-Year Low
Bloomberg writers Agnieszka de Sousa and Aine Quinn reported on Friday that, “Global food costs fell to the lowest level in two years in May, reviving hopes that sticky inflation…
U.S. Requests USMCA Dispute Settlement Consultations on Mexico’s Ag Biotech Measures
Kristina Peterson reported in Saturday’s Wall Street Journal that, “The U.S. on Friday stepped up its efforts to get Mexico to ease its restrictions on genetically modified corn, after more…
Federal Reserve: Observations on the Ag Economy- May 2023
On Wednesday, the Federal Reserve Board released its May 2023 Beige Book update, a summary of commentary on current economic conditions by Federal Reserve District. The report included several observations…
U.S. Agricultural Exports in Fiscal Year 2023 Forecast Down, Lower Grain Exports Expected
On Wednesday, the USDA released its Outlook for U.S. Agricultural Trade, a quarterly report from the Department’s Foreign Agricultural Service (FAS) and Economic Research Service (ERS).
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