Black Sea Grain Deal in Focus
Bloomberg writers Baris Balci and Olesia Safronova reported on Saturday that, "Turkey wants the safe-transit deal for Ukrainian grain exports from Black Sea ports extended for three months instead of…
U.S. Secretary of State Antony J. Blinken Visits China Aiming to Stabilize Tensions
Washington Post writers John Hudson and Lily Kuo reported in Sunday's paper that, "Antony Blinken became the first U.S. secretary of state to visit China in five years as he…
Growing Price Gap in U.S. Corn Export Prices Could Further Limit U.S. Exports
In its monthly Feed Outlook report yesterday, the USDA's Economic Research Service (ERS) indicated that, "U.S. corn exports for 2022/23 are lowered to 1.725 billion bushels, down 50 million bushels…
China Will Feed More Wheat to Hogs; “El Nino Has Officially Returned,” and Ukraine “Counter-Offensive Gets Under Way”
Bloomberg writer Hallie Gu reported today that, "China will feed a lot more of its domestic wheat crop to hogs and poultry this year after heavy rains reduced the quality…
China Imported Record Amount of Soybeans in May; Ukraine Dam Explosion Ag Impacts Unfold
Reuters writer Dominique Patton reported yesterday that, "China imported a record 12.02 million tonnes of soybeans in May, up 24% on a year ago, Reuters calculations based on customs data…
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…
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).
China Trade Issues in Focus
Financial Times writers Joe Leahy and James Politi reported last week that, "China’s commerce minister and his US counterpart have raised concerns about their countries’ trade and investment policies at…
Black Sea Grain Deal Extended for Two Months
Matthew Mpoke Bigg and Gulsin Harman reported in today's New York Times that, "Ukraine and Russia agreed Wednesday to a two-month extension of a wartime deal that allows Ukraine to…
Global Corn, Wheat Production Forecast at a Record, While El Niño “a Potent New Variable”
In its monthly Grain: World Markets and Trade report late last week, the USDA's Foreign Agricultural Service (FAS) indicated that, "Global corn production is forecast to sharply increase, driven primarily…
“China May Cancel More US Corn,” as Extension Agreement on Black Sea Grain Deal “Nearing”
Bloomberg writer Hallie Gu reported today that, "Top corn importer China could cancel more purchases of the grain from the US because the country can buy more cheaply from Brazil…
Black Sea Grain Deal Talks Continue; FAS Highlights Russian Grain and Oilseed Exports
Reuters writer Daren Butler reported yesterday that, "Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday he thought the Ukraine Black Sea grain deal could be extended for at least two…
Black Sea Grain Exports Resume- at Slow Pace, as U.S. Corn Exports in Focus
Reuters writer Michelle Nichols reported yesterday that, "The United Nations said inspections resumed on Tuesday of outbound vessels under a deal allowing the safe Black Sea export of Ukraine grain,…
No Black Sea Ship Inspections Sunday, Monday; China’s Foreign Minister Meets U.S. Ambassador
Reuters writer Michelle Nichols reported yesterday that, "The United Nations said no ships were inspected on Sunday or Monday under a deal allowing the safe Black Sea export of Ukraine…
Black Sea Grain Export Deal “Effectively Stopped,” Ukraine Says
Reuters writer Olena Harmash reported today that, "Russia has effectively stopped the Black sea grain deal by refusing to register incoming vessels, Ukraine's reconstruction ministry said on Monday."
2022 U.S. Ag Exports Highest on Record, Focus on Corn, Soybeans and Wheat
Last week, the USDA’s Foreign Agricultural Service (FAS) released its 2022 U.S. Agricultural Export Yearbook, a statistical summary of U.S. agricultural commodity exports. Today’s update includes highlights from the report,…
Wheat Climbs Following Kremlin Attack, While “China Has Approved the Safety of a Gene-Edited Soybean”
Bloomberg writers Megan Durisin and James Poole reported today that, "Wheat and corn futures steadied after Wednesday’s jump, as markets weigh up escalating tensions in the Black Sea region against…
Black Sea Grain Talks to Continue, Wheat Slides, as Dollar Value in Focus
Reuters News reported today that, "The Kremlin said on Wednesday that Russia would continue talks with the United Nations and other parties to the Black Sea grain deal, and that…
EU Reaches Agreement with Poland and Other Member States on Ukrainian Grain Imports
Financial Times writer Andy Bounds reported late last week that, "Poland and three other EU member states are to lift a ban on imports of Ukrainian foodstuffs under a deal…
Flooding Impacts Upper Mississippi Barge Traffic, as “Corn Hit its Lowest in Nine Months”
In its weekly Grain Transportation Report yesterday, the USDA's Agricultural Marketing Service (AMS) indicated that, "On April 24, American Commercial Barge Line reported it had no boats on the Upper…