MARKET INSIGHTS: With the fall US #corn and soybean harvests all but complete and winter #wheat planted, the trade’s focus shifts to supply and demand of those commodities amid uncertainty because of a new US administration, escalating war in the Black Sea region, consumer demand and weather, among other challenges. While weather and supply-and-demand fundamentals always are top of mind in the grain, oilseed and edible oils markets, the US political climate was front and center among most market analysts. → https://ow.ly/WZCz50Ui42c #agriculture #agribusiness #grain #soybeans
World Grain
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The leading news and information source for grain executives and operators.
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Long recognized as the indispensable source of information for the international grain executives and operators, World Grain provides the latest news and captivating analysis while covering topics such as grain storage and transportation issues, global trade and market trends, grain and feed processing operations and end-market demands. Our industry-best team of editors and contributors bring a wealth of experience to an industry that is constantly evolving while identifying the best in production strategies and trends that will impact your buyer’s customer tomorrow.
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https://www.world-grain.com
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US #corn and soybean exports to #China could drop dramatically if a 60% tariff on Chinese goods being considered by US President-elect Donald Trump is implemented, according to a study released by the National Corn Growers Association (NCGA) and American Soybean Association (ASA). The associations asked the World Agricultural Economic and Environmental Services to evaluate the impact a trade war would have on #soybeans and corn, noting tariffs implemented during Trump’s first tenure as president from 2016-20 led to retaliatory tariffs on numerous US products, including many agricultural and food products. → https://ow.ly/u7rh50UgLXV #agriculture #agribusiness #grain #oilseeds #trade
Study: Tariff could slash US ag exports to China
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South Africa has issued permits to import genetically-engineered #corn from the United States to make up for a 22% drop in domestic production. South Africa could import 800,000 tonnes of corn in 2023-24 after producing its smallest corn crop in five years at 13.3 million tonnes. → https://ow.ly/h6h350UgJkP #agriculture #agribusiness #grain #biotechnology #SouthAfrica #Africa
South Africa issues permits for GE corn imports from US
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Heading into 2025, food manufacturers have the most favorable buying opportunities in recent years. Learn how favorable weather, increased supplies, lower prices and more are affecting the grain, oilseed and sweetener markets at the Purchasing Seminar Winter Webinar! Register here for FREE: https://ow.ly/nats50TS5LC #PurchasingSeminar #markets #event
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A miller and two producers were re-appointed this month to the board of directors of the Michigan Wheat Program. Michigan Governor Gretchen Whitmer named Jim Doyle of King Milling, Jason Dunning of Dunning Farms and William “Lyn” Uphaus to serve three-year appointments beginning with the 2024 -25 growing season. → https://ow.ly/ghOi50UgIPr #agriculture #agribusiness #milling #flour #grain #wheat
Michigan Wheat lineup appointed
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Russian fertilizer exports are booming, largely driven by soaring sales to European customers. The trend sparks fierce debates in Europe on whether to subject #fertilizer flowing from the east to restrictions. The EU scaled up Russian fertilizer imports in July to their highest point in 20 months, pushing Russia’s share in European purchases above 30%. → https://ow.ly/BteF50UgIkh #agriculture #agribusiness #grain #Europe #EuropeanUnion #Russia
Playing Russian roulette with fertilizers
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CBH Group recently enjoyed a record day of #grain receivals across its network, likely driven by farmers eager to beat forecasted rain across the Western #Australia. In its Nov. 25 harvest report, CBH said its network took in over 620,000 tonnes of grain on Nov. 18, surpassing the previous mark of 602,000 tonnes set on Dec. 2, 2022. “This is a shared success and one that we can all be proud of as a collective WA grain industry." - Mick Daw, chief operations officer at CBH. → https://ow.ly/E7rn50Ug1ZA #agriculture #agribusiness
CBH secures single day receivals record
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Five dozen representatives from the US #rice industry traveled to Washington, DC, to push for a farm bill and discuss the need for economic loss assistance for rice farmers for the 2024 crop year. USA Rice Federation members spent several days on Capitol Hill, including meetings with more than 60 congressional offices. → https://ow.ly/IzbS50Ug0jI #agriculture #agribusiness #grain #farmbill
US rice groups push for farm bill, economic assistance
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The 23rd meeting of the International Feed Industry Federation (IFIF) and the Food and Agriculture Organization of the United Nations (FAO) underscored their collaborative efforts on issues essential to providing safe, nutritious and sustainable #feed and food production. IFIF members represent over 80% of total compound animal feed production worldwide. The meeting addressed FAO’s vision for the sustainable transformation of the livestock sector, which includes reducing feed loss and waste, optimizing feed conversion, and enhancing nutrient use to reduce environmental impacts and antimicrobial resistance. → https://ow.ly/APNs50UfUPH #agriculture #agribusiness #grain #animalnutrition #livestock #sustainability
FAO, IFIF underscore feed, food collaboration
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Olam Agri on Nov. 26 announced the release of a novel heat-tolerant durum #wheat variety suitable for local cultivation during Nigeria’s dry season. The company said the wheat variety’s release signals another milestone achievement for Olam Agri’s Seed for the Future wheat seed trial and multiplication effort, which was unveiled in 2021. → https://ow.ly/gu0650UfOcx #agriculture #agribusiness #Africa #Nigeria #grain
Olam Agri releases heat-tolerant durum seed
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