In today’s Grain Stocks report, USDA put corn stocks for 2017/18 at 2.140 billion bushels, up from 2.002 billion USDA estimated earlier in September. In the Sep. 12 WASDE report, USDA had lowered projected stocks from 2.027 billion bushels to 2.002 billion based on [...]
After the rapid decline in U.S. pricing for breaking stock eggs after 2015’s avian flu disaster, pricing shot up again in Q4 2017 and remained elevated through Q1 and Q2 2018. In the summer of 2017, the Netherlands reported finding the insecticide fipronil in eggs, [...]
Consumers across the world are indisputably paying more attention to genetically modified ingredients. A recent global survey put the topic of GMOs among the top five consumer concerns about their food supply. However, despite most consumers theoretically preferring GMO-free food, not every consumer is [...]
The market appears to be getting accustomed to ethanol production setting records month after month. In fact, ethanol production for the month of August was up 4.5 percent from output last year. Strong margins have encouraged production due to cheap corn and rising energy [...]
For the current crop year, running from April 2018 through March 2019, Brazil’s center-south sugar production is up by 2.3 percent from last season, reaching 398 million metric tons (MMT) of cane as of the end of August. Total sugar production, however, is down [...]
Markets are starting to seem a bit warier of the China-U.S. standoff as the third round of tariffs was announced by each side. The sector and communities that would normally back the Trump reinvention and circumvention of the normal have not been shy about [...]
China imported 98 MMT of soybeans last year and was projected to reach 100 MMT this year. As China shifted to Brazilian soybeans, it was expected that at some point Brazil would run out and China would be forced to buy U.S. soybeans. However, [...]
California grape growers continue to harvest wine and table grapes; picking will last into next month. Raisin grape harvest is complete, and fruit is being sun dried. Vineyards this season benefited from good rain volume in February, and bloom lasted longer than usual due [...]
