Biden says Ukraine has 20 million tons of stored grain awaiting export to various countries. He says lack of port movement coupled with halted planting in Ukraine will ignite a global food crisis unless action is taken.
The top 10 export markets all saw gains in 2021, with six of the 10 (China, Mexico, Canada, South Korea, the Philippines and Colombia) setting new records.
Dr. Pat Westhoff joins AgriTalk’s Chip Flory to share his spin on the latest trends in crop markets, livestock outlooks and projections for net farm income.
The Hernando de Soto Bridge, which links Memphis and eastern Arkansas, could be closed to vehicle traffic for a couple of months. Grain exporters are hoping barge traffic will be able to resume much sooner.
China is on a roll. Friday marks the ninth straight day USDA has announced new sales of corn, soybeans or wheat to China or unknown destinations. China has made big daily purchases this month, especially of soybeans.
U.S. exporters reported sales of 720,000 tonnes of soybeans to China, the U.S. Department of Agriculture (USDA) said on Thursday, as active purchases by the world's top soy importer continued for a second straight week.
Zen-Noh Grain Corporation (ZGC), of Japan, announced on Wednesday that it will buy 35 Bunge grain origination elevators along the Mississippi River. The purchase from Bunge North America is pending regulatory approval.
It’s either going to be a boom fourth quarter for U.S. farmers, or that extra $12.5 billion in American agriculture purchases promised by China for this year isn’t happening.
Tuesday’s World Agricultural Supply and Demand Estimate (WASDE) was not a market mover, but it did offer a first look at how USDA views impact of the Phase 1 trade deal with China.
U.S. Agriculture Secretary Sonny Perdue signaled that a renewed transatlantic trade truce will require more ambitious European Union efforts to ease imports of American foods.
Cargill Inc. welcomes the first phase of a U.S.-China trade agreement but cautions that exports of some agricultural goods have yet to resume and tariffs are still in place.
President Donald Trump and his Japanese counterpart Shinzo Abe met in New York on Wednesday to discuss the ongoing negotiations of the U.S.-Japan Free Trade Agreement
The U.S. hiked tariffs on more than $200 billion in goods from China on Friday in the most dramatic step yet of Donald Trump’s push to extract trade concessions.
Since 2012, ClipperData has been tracking movement in the energy market and recently added ag commodity tracking to its repertoire. The company uses port agents and satellites to track trade flows around the world.
Since December, China has said it would buy 10 MMT of U.S. soybeans. However, sales on the books to date fall short of the 10 MMT mark. Some analysts fear China may be on pace to import fewer soybeans around the globe.
Archer-Daniels-Midland Co., the 116-year-old agribusiness giant, is shaping up as one of the few crop-trading houses to benefit from President Donald Trump’s trade war with China.
Archer-Daniels-Midland Co., the 116-year-old agribusiness giant, is shaping up as one of the few crop-trading houses to benefit from President Donald Trump’s trade war with China.
A rout in commodities deepened as the threat of a trade war between the world’s two biggest economies intensified, hitting markets from steel to soybeans.