Ida Slows Soybean Export Pace, as China Looks to Brazil for Soy
Earlier this week, the USDA's Economic Research Service noted in its monthly Oil Crops Outlook report that, "Hurricane Ida’s emergence in the Gulf of Mexico slowed the pace of exports…
Earlier this week, the USDA's Economic Research Service noted in its monthly Oil Crops Outlook report that, "Hurricane Ida’s emergence in the Gulf of Mexico slowed the pace of exports…
Reuters writer Karl Plume reported this week that, "U.S. grain exports slumped to their lowest level in years last week as shippers struggled to restart loading operations along the Louisiana…
In its monthly World Agricultural Production report on Friday, USDA's Foreign Agricultural Service (FAS) indicated that, "USDA estimates China marketing year (MY) 2021/22 corn production at a record 273.0 million…
Last week, a report from the USDA’s Foreign Agricultural Service (FAS) post in Beijing (“China: Oilseeds and Products Update“) stated that, "Soybean imports are forecast at 101 million metric tons…
Recent news articles have highlighted independent developments that are impacting agricultural export markets.
Reuters writers Karl Plume and PJ Huffstutter reported this week that, "Grain shippers on the U.S. Gulf Coast reported more damage from Hurricane Ida to their terminals on Wednesday as Cargill…
Alfred Cang reported this week at Bloomberg that, "China’s record corn-buying spree -- a cornerstone of its trade deal with the U.S. -- may be running out of steam, with…
A report on Thursday from the USDA’s Foreign Agricultural Service (FAS) post in Beijing ("Livestock and Products Annual") stated that, "In 2022, hog production will decline by 5 percent due to…
On Thursday, 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). Today’s update includes highlights…
Reuters News reported last week that, "China’s soybean imports from top supplier Brazil fell in July from the previous year, customs data showed on Friday, as poor crush margins weighed…
Earlier this week, Reuters writers Min Zhang, Shivani Singh and Dominique Patton reported that, "China's sow herd declined for the first time in nearly two years, contracting 0.5% in July…
Late last week, Bloomberg writers Megan Durisin, Kim Chipman, and Khadija Kothia reported that, "Crop losses in two of the world’s biggest wheat exporters and quality concerns in a third…
Reuters writer Emily Chow reported this week that, "[Chinese producer Cheng's] farm is one of thousands in Henan, famous for agriculture, and pork production in particular. The province was struck by…
Late last week, Reuters writers Hallie Gu and Gavin Maguire reported that, "China's soybean imports are set to slow sharply in late 2021 from a record first-half tally, confounding expectations…
A report last week from the USDA's Foreign Agricultural Service (FAS), "Banner Year for U.S. Beef Exports in 2021," stated that, "As countries roll back COVID-19 restrictions, foreign market demand…
Reuters News reported late last week that, "The first cases of African swine fever have been confirmed in farm pigs in Germany, the country's federal agriculture ministry said on Friday."
Earlier this week, in its monthly Grain: World Markets and Trade report, the USDA's Foreign Agricultural Service (FAS) stated that, "Brazil corn imports (Oct-Sep) are forecast at 2.6 million tons…
Bloomberg News reported on Friday that, "China is likely to take a break from buying large amounts of U.S. corn after record purchases this year because the domestic harvest is…
Reuters writers Hallie Gu and Gavin Maguire reported this week that, "Chinese farmers have sharply increased corn planting this year to cash in on demand-fuelled record prices, a trend that…
A report on Thursday from the USDA's Foreign Agricultural Service (FAS) post in Beijing ("China: Grain and Feed Update") stated that, "Post’s MY2021/22 corn import forecast is 20 MMT, 6 MMTs below…