Soybean exports slow seasonally

Soybean exports for the week of Mar. 2 slowed down by 34 percent from the previous week, putting accumulated shipments at 42.1 MMT (1.5 billion bushels). March started with soybean export volumes to China down by 36 percent week over week. China’s share of [...]

Corn market quiet ahead of WASDE

The corn market is holding steady despite hits to its three major demand categories, weather variability, and political uncertainty. Mar-23 corn closed a bit higher this week, although, analysts expect global corn ending stocks to fall by about 2 MMT in this week’s WASDE [...]

High net corn cost as we head toward spring

The hike in corn pricing in 2021 lifted the net cost of corn (after accounting for the credit from selling several processing coproducts, such as corn gluten feed) to levels not seen in ten years, when the Corn Belt suffered a widespread, devasting drought. [...]

Natural gas starts to flow at Freeport, Texas LNG export terminal

Liquefied natural gas (LNG) began flowing again at one of the largest export facilities this week, more than seven months after an explosion idled operations. The Freeport, TX facility is the nation’s second largest and currently accounts for 25 to 30 percent of U.S. [...]

North Island flooding threatens New Zealand’s dairy industry

Heavy rains and flash floods have led to mudslides, the evacuation of thousands across New Zealand’s North Island, and closure of many schools. Residents have been urged to stay indoors and off flooded roads as emergency services assist evacuees. Last Friday, Jan. 27, was [...]

Corn market holds firm

Futures activity Mar-23 futures saw pressure early last week that took the contract to $6.66 per bushel, but prices appreciated by close of Thursday back above $6.80 per bushel. S&D and fundamental factors Ethanol production was relatively flat the week ending Jan. 20, at [...]

Increase in price of eggs due to shortage in supply

Eggs can be an important source of vitamins, minerals, iron, and carotenoids, being a great food that provides the human body with these essentials for healthy living. The new year began with a huge disappointment for egg fans, however. Eggs have been in limited [...]

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