Key Takeaways:
Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil’s significant natural resources. Brazil’s National Fertilizer Plan aims to reduce import dependence, but expanding domestic production will require significant investment and time. Brazil imports fertilizer from a diverse group of countries, but individual nutrients remain highly concentrated among a few major suppliers. The Russia-Ukraine war and disruptions through the Strait of Hormuz demonstrate how geopolitical events can quickly incr...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Beef packer margins improved sharply to -$51/head last week, up $116 from the prior week as the Choice cutout strengthened while fed cattle prices declined. The cutout rebounded to $369/cwt while fed cattle prices fell to $229/cwt, producing a substantial recovery in packer margins. Profits rem...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...