China Seeks Options to Increase Agricultural Output China finds it increasingly challenging for its agricultural sector to meet the food demand that is driven by growing population and rapid urbanization. Boosting agricultural production has again been put at the top of the new administration's agenda after Chinese Premier Li Keqiang's recent trip in early November to Heilongjiang, a northern province known as the nation's breadbasket. Suggested areas to examine are:
Land reform: Chinese leaders are advocating rural land reform to facilitate agricultural modernization. Currently, most of China's rural area is rife with small plots where farming practices are still tradition-based. China will promote large-scale planting by joint la...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...