Markets
REUTERS — China has called for the removal of “enormous” farm subsidies in some developed countries as part of Beijing’s push for reform of the World Trade Organization. “There are very unfair rules in the agriculture sector, and enormous subsidies some developed country members are entitled to, that severely distort international agricultural trade,” said Wang […] Read more
Markets
As the world turns, corn drops down
It’s already underway — climate change will result in declining corn yields globally while wheat rises
Climate change is going to have profoundly different impacts on two of the world’s most widely grown cereal crops, according to new research. Global corn yields are projected to decline by 24 percent by the end of the century, while wheat yields are forecast to grow by 17 percent over that same period, according to […] Read more
Plant protein sector expansion sparks growing pains
Players in the plant protein industry made headlines in recent weeks that will be closely watched to see if the sector can live up to the excitement or hype heaped upon it. There is still a good argument that plant protein products have a bright future, but to maximize growth, promoters might have to put […] Read more
World trade needs a miracle to break barriers logjam
Today the international trading environment, especially for agriculture, can appear to be hopeless. China has weaponized trade in its increasingly assertive geopolitical strategy. The European Union is trying to impose its restrictive and suffocating domestic policies across the planet. India hardly bothers to appear to care about its trading partners concerns. The United States appears […] Read more
Slumping soybean demand lowers prices
Soybean prices have been plummeting on China’s Dalian Commodity Exchange and that is a bad omen, says a leading grains and oilseeds analyst. “Something has happened to demand in China,” DTN’s lead analyst Todd Hultman told attendees of a recent webinar hosted by the company. Back in September he told a group of farmers in […] Read more
Canfax report
This cattle market information is selected from the weekly report from Canfax, a division of the Canadian Cattlemen’s Association. More market information, analysis and statistics are available by becoming a Canfax subscriber by calling 403-275-5110 or at www.canfax.ca. Fed market stalls The U.S. fed market broke from its sideways trading range last week and prices […] Read more
WP livestock report
Hogs The Nov. 5 U.S. national live price for barrows and gilts was not available, but was US$47.09 on Oct. 29. U.S. hogs averaged $59.90 on a carcass basis Nov. 5, down from $61.70 Oct. 29. The U.S. pork cutout was $96.33 per hundred weight Nov. 5, down from $96.52 Oct 29. The estimated U.S. […] Read more
Argentine exporters vow safeguards to keep GM wheat out of shipments
BUENOS AIRES, Nov 8 (Reuters) – Argentine grains exporters have asked the government to identify farmers who are growing drought-resistant genetically modified (GM) wheat, so they can halt sales from those areas until top importer Brazil approves the technology. Exporters say if any GM wheat is shipped from Argentina, all international sales of the grain […] Read more
Growth in global pulse trade brings expanded pulse data reporting
The International Grains Council is expanding its reporting on pulse crops. The IGC started collecting more information on pulses in 2019, publishing a bimonthly update on the global pulses trade outlook and a production forecast for dry peas, lentils and chickpeas in its Grain Market Report (GMR). It also publishes supply and demand projections for […] Read more
Fund money returns to grain, oilseeds
Analysts believe inflation worries are behind investor interest in key commodities that comprise consumer price index
Fund money is flowing back into the grain and oilseed sectors after a six-month exodus, and that should help prop up prices for a while, say analysts. “It’s starting to come back in very small doses,” said Darin Newsom, president of Darin Newsom Analysis Inc. A lot of investment money began exiting grain and oilseed […] Read more
