argentina

USDA’s March crop production reports and supply and demand estimates showed minor changes this week.  The U.S. orange production forecast rose slightly month over month, yet will still be down 25% year over year.    Turning to domestic commodity balance sheets, an upward adjustment in ending stocks for corn led to a decrease of 10 cents to the season ending average price, now at $6.60 a bushel. 

Changes are coming to the JR Simplot Company.  The Boise-based company announced Monday it will merge a pair of divisions into one, along with making leadership changes as well.  Company officials announced it would merge Simplot Australia with the Simplot Food Group forming a new group: Simplot Global Foods.  The business will...

The Food and Drug Administration recently concluded it has no further questions regarding the safety of drought-tolerant HB4 wheat, developed by Bioceres Crop Solutions Corp.  In response, U.S. Wheat Associates and the National Association of Wheat Growers issued a joint statement this week.  The gro...

U.S. imports of honey continue to rise as American production declines.  New data from Economic Research Service shows imports have exceeded domestic honey production since 2005 and accounted for 74% of total U.S. honey supplies in 2021.  Over th...

It appears Argentina won’t be able to capitalize on the interruption of wheat supplies from the Black Sea.  That according to AgriCensus, a London-based Price Reporting Agency.  The agency said weather, inflation and political uncertainty all combine to be detrimental to wheat exports for the nation. Argentine farmers fac...

The war in Ukraine is expected to expand wheat production in Argentina and Brazil, the primary wheat-producing nations in South America. Agriculture and consumer economics experts from the University of Illinois say both nations will likely already increase wheat planting this season, which begins in May ...

The main alterations on the U.S. balance sheet for wheat come thanks to changes in trade. "We reduced our import forecast by 10 million bushels; reflecting a slow pace of imports.  This is almost entirely hard red spring and Durham wheat coming from Canada, but supplies in Canada are also very tight," World Ag Outlook Board Chair Mark Jekanowski said the latest USDA forecast also reduced

Currently the global focus, when it comes to wheat, is Argentina. World Ag Outlook Board Chair Mark Jekanowski said harvest in the South American country is nearly complete at this point. When farmers were planting this year’s crop, they were struggling with dry conditions. “ ...

Demand for U.S. beef in China continues to move at a brisk pace. U.S. Meat Export Federation economist Erin Borror says U.S. beef exports to China are “soaring”, but not at the expense of other major markets like Korea or Japan. “Th ...

According to USDA, world wheat production continued at its record pace in September. The Department's latest global balance sheet shows wheat production up 3.4 million tons from August. World Outlook Board Chair, Mark Jekansowski, said several nations reported month-over-month production increases ...