The November WASDE report may be overshadowed by the election results but important international production revisions are possible. Dry weather in South America and Europe...Wednesday’s USDA reports will be mostly obscured by tomorrow’s presidential election results, but the reports will be released anyway. The U.S. corn and soybean yields and crop production estimates will be updated as will world production estimates and, lastly, the WASDE numbers will be revised. Remember, because there are no yield or production revisions in the December WASDE, the coming November estimates are “it” until we get the “final” production estimates on 12 January, 2017.The market’s opinion since the October report is that the USDA will most likely reduce th...
What You Need to Know Today: The U.S. conducted “self-defense strikes” in Iran and said the two sides are “close” to negotiating a ceasefire. “Close” is a relative term, however, and even if 95 percent of the terms are agreed to, the remaining 5 percent is l...
As we reported on 19 May, China has also committed to the resumption of U.S. poultry imports from states without confirmed HPAI detections. USDA’s Animal and Plant Health Inspection Service (APHIS) has updated its China export restrictions webpage to reflect that China has lifted HPAI-rel...
Key Takeaways: Brazil has been the second-largest producer of fuel ethanol globally, but almost all of it was derived from sugarcane until recently. Corn ethanol production has increased due to expanded second-crop corn production, sugarcane storage limitations, and biofuel policy. Brazil is e...
Illuminating the value of technical research
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