Chinese Soybean Demand Sizzles- “Enormous” U.S. Purchase Unfolds as “Soybean Diplomacy” Precedes Meeting
Bloomberg writer Agnieszka de Sousa reported on Friday that, "China is gobbling up staple crops from around the world."
China Shows “Wave of Interest in U.S. Soybean Exports,” as Drought Dents Cattle Herds
Reuters writer Karl Plume reported yesterday that, "China booked its largest single-day U.S. soybean purchases in at least three months on Tuesday, traders said, offering a glimmer of hope for…
U.S. Wheat Exports Falter to “Unprecedented” Lows, While Chinese Pork Prices Impact Deflation Prospects
Bloomberg writers Michael Hirtzer and Dominic Carey reported yesterday that, "American wheat shipments dropped to a two-decade low, hampered by a shrinking Mississippi River and competition from ample global grain…
Ukrainian Grain Exports, Production in Focus- as Ukraine Pushes Back Front Line in Black Sea
Simon Constable indicated late last week at The Wall Street Journal Online that, "Russia’s invasion of Ukraine last year sent the price of key grains soaring as investors worried that…
Extreme Weather Battering China Grain Production
Bloomberg writer Hallie Gu reported yesterday that, "Cold snaps are hitting China’s northeastern region, disrupting harvesting of grains from corn to rice and bolstering prices."
China Soybean Imports Could Set Record in 2023, While Black Sea Transit Concerns Arise
Reuters writers Mei Mei Chu and Naveen Thukral reported today that, "China's soybean imports are likely to stay high through the fourth quarter, taking 2023 purchases to an all-time record,…
China Wheat Imports Could Set Record This Year
Reuters writers Naveen Thukral and Dominique Patton reported yesterday that, "China is set to import record volumes of wheat this year, trading sources say, with rain damage to its crop…
Australia- EU Fail to Reach Free Trade Deal Over Agriculture
Financial Times writers Nic Fildes and Andy Bounds reported today that, "Talks over a free trade agreement between Australia and the EU have foundered after the sides failed to reach…
Four Vessels Move Grain and Metals Through Black Sea “Humanitarian Corridor” on Friday
Reuters writer Pavel Polityuk reported late last week that, "Four vessels left Ukrainian Black Sea ports in the Odesa region on Friday as shipping via a new export corridor resumed…
Black Sea Humanitarian Grain Corridor Working, Ukraine Says
Reuters writer Pavel Polityuk reported yesterday that, "Ukrainian Deputy Prime Minister Oleksandr Kubrakov denied on Thursday reports by Ukrainian and British firms that the new Black Sea export corridor had…
Ukraine Suspends Black Sea Humanitarian Grain Corridor
Reuters writer Pavel Polityuk reported today that, "Ukraine has suspended the use of its new Black Sea grain corridor due to what it sees as a threat from Russian warplanes, the…
China Grain Companies Sign Agreement to Purchase U.S. Farm Goods
Bloomberg writers Michael Hirtzer and Tarso Veloso Ribeiro reported yesterday that, "Chinese grain companies participated in a formal contract-signing ceremony for the purchase of US farm goods for the first…
FAS: “U.S. Soybean Meal Exports Expected to Reach Record High”
In a Trade Spotlight report yesterday, the USDA's Foreign Agricultural Service (FAS) indicated that, "U.S. soybean meal exports set a record at an estimated 13.2 million tons in MY 2022/23…
U.S. Soybeans Facing Increased Export Competition as Brazilian Soybeans to China Jump
Bloomberg writer Tarso Veloso Ribeiro reported last week that, "A sevenfold jump in Brazilian soybean shipments to China for next month highlights how the US is losing influence over one…
FT Looks at Sustainability Issues in Brazilian Soybean Production
Financial Times writer Sam Cowie reported yesterday that, "Few plants divide opinion in Brazil as much as soya, of which the country is the world’s largest producer and exporter."
China Approves “Dozens” of Genetically Modified Corn, Soybean Varieties- Potentially Advancing Production
Bloomberg writer Hallie Gu reported yesterday that, "China has approved dozens of genetically modified corn and soybean seed varieties for planting, in a breakthrough move that could eventually boost production…
FAS Highlights International Pork, Beef and Chicken Export Variables- EU Share Expected to Fall, Brazil Increase
Last week, in its quarterly Livestock and Poultry: World Markets and Trade report, USDA's Foreign Agricultural Service (FAS) indicated that, "In 2024, EU pork, beef, and chicken meat exports are…
Rains Impact Wheat Planting in China- The Fifth-Largest U.S Wheat Importer in MY 2022-23
Bloomberg writer Hallie Gu reported on Sunday that, "Heavy rains will hit parts of China’s biggest grain producing areas in the next ten days, affecting crops from wheat to rice,…
Wheat Climbs on Black Sea Turmoil, While Global Food Prices Little Changed In September
Dow Jones writer Kirk Maltais reported yesterday that, "Wheat for December delivery rose 3.3% to $5.78 1/4 a bushel on the Chicago Board of Trade on Thursday, with futures climbing…
Twelve Additional Ships To Enter Black Sea “Humanitarian Corridor”
Reuters writers Olena Harmash and Pavel Polityuk reported today that, "Ukraine's navy said on Wednesday that 12 more cargo vessels were ready to enter a fledgling Black Sea shipping corridor…