Agritech Emphasis Climate change, geopolitical conflict and food security are coming together and changing global agriculture. Supply chain and technology alliances have been formed. Notably, Alex Capri at the National University of Singapore cites the alignment of the West over the war in Ukraine for an increased focus on agritech. China stalls somewhat in the agritech forecast because the transfer of related technology to the Middle Kingdom stopped after the Syngenta sale in 2017. By exposing the food security risk, Russia has encouraged the “ring-fencing” of agritech by the U.S. and Europe. He argues that wheat and microchips are now in the same boat.
Fertilizer Emphasis An Agriculture Producers Declaration was app...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
