WASDE: Corn yield lowered to 167 bpa

In the Nov. 8 WASDE report, corn yield was lowered to 167.0 bushels per acre (bpa), down 1.4 bpa from the October report. Harvested acreage was unchanged at 81.9 million acres despite weather causing moderate fieldwork disruptions this past month. Accordingly, estimated corn production [...]

Mexico continues to be great trade partner for U.S.

U.S. agricultural exports to Mexico grew over 32 percent from 2009 to 2018, per USDA. In 2018, Mexico was the top export destination for U.S. corn, dairy, poultry meat and eggs, sugar and sweeteners, distillers dried grains, and more. Additionally, the country is in [...]

Foreign competition impacting corn exports

For the week ending Oct. 17, 2019/20 corn exports of 489,040 MT were up 12 percent from the week before. Yet cumulative exports, at roughly 3.1 MMT (123.1 million bushels), were down 63 percent YOY. Primary destinations were Mexico and Columbia. Net corn sales [...]

Fallout from USDA’s move out of Washington

The National Institute of Food and Agriculture (NAFA) and the Economic Research Service (ERS) have each lost between 50 and 75 percent of their staff since June 2019. That is when U.S. Secretary of Agriculture Sonny Purdue announced these two USDA agencies would be [...]

Good export sales continue for soybeans

Net soybean export sales for the week of Oct. 10 were 1.6 MMT (58.8 million bushels), down 24 percent from the previous week’s strong showing. Outstanding sales were just over 13.0 MMT (477.8 million bushels), down 18 percent from outstanding sales a year ago—but [...]

Plant protein expected to drive pea demand upwards

The versatile pea is an ingredient in meat alternatives, baked goods, pastas, milks, and more these days. Peas have been growing in popularity due to their protein and fiber content as well as other marketable qualities. The pea protein market alone will triple in [...]

U.S. pork exports rise to meet growing Asian Tiger

China’s swine herd is set to fall to 275 million head, representing a decline of almost 40 percent from levels before the African swine fever (ASF) outbreak. Recovery may be slow as producers are reluctant to add new head while potential for further infection [...]