U.S. food and agricultural exports to China in November 2016 reached the third-highest volume for that month at 8.72 MMT. The total was up 8 percent versus November 2015, and the driver of this change was one commodity in particular.
Macro-Level Trends USDA November Data Reaffirms Market Trends in China U.S. food and agricultural exports to China in November 2016 reached the third-highest volume for that month at 8.72 MMT. On an annualized basis, the total was up 8 percent from 8.07 MMT in November 2015 and surpassed only by the 8.89 MMT and 8.88 MMT exported in November 2013 and November 2014, respectively. By comparison, the total value of the products shipped this past November ranks fourth for that month at $3.786 billion a...
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...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
