Global oilseed trade is forecast to increase 1 percent due to soybean import demand offsetting lower rapeseed and sunflower seed imports. Slowing economic growth in China and the EU, growing domestic oilseed production, and South America’s continuing expansion of soybean-planted farmland are likely to [...]
Corn outlook The 2023/24 U.S. corn outlook is for larger production, and subsequently, greater domestic use, greater exports, and higher ending stocks. U.S. corn production for 2023/24 is projected at 15.3 billion bushels, a record number and up more than 10 percent from 2022/23 [...]
The March 2022/23 U.S. corn outlook is for lower exports and increased ending stocks compared to February estimates. USDA lowered exports by 75 million bushels due to the slow pace of shipments and sales. Ending stocks were raised, above expectations. The 2022/23 U.S. soybean [...]
USDA has released its agricultural projections to 2032! These baseline projections provide insight into the landscape of agricultural commodities and trade for the next ten years. The U.S. agricultural sector has been influenced by global economic and market circumstances such as inflation, supply chain [...]
Soybean exports picked up during the week of Nov. 17 after a big drop in volume the previous week. Net soybean export sales, on the other hand, slowed drastically by more than half the value realized in the preceding week. China’s weekly share of [...]
Net soybean export sales were a bit below average during the week ending Nov. 3, continuing the slower pace of recent weeks. There was a rise for week-over-week exports during the period. Soybean export volumes to China slowed somewhat during the week to 1.9 [...]
The 2022/23 U.S. soybean oil export season has seen its slowest start to a marketing year since FAS began reporting weekly progress in 1990. Outstanding sales were a mere 27,900 MT (61.5 million pounds) as of Oct. 20, while cumulative shipments totaled 3,989 MT [...]
USDA’s recent transportation cost index update shows barge freight rates for grain are down by almost 50 percent from sky-high values seen in March, while grain trucking costs are still close to May’s record level. Rail costs are also around the May average and [...]
