Agricultural trade is said to be the global movement of water, since crops generally move where water is plentiful to where it is less available. Since it is believed that climate change will have significant impacts on rainfall, it is important to monitor geographic changes in precipitation. FAO data available for the six-year period from 2012 to 2017 shows that 20 countries reported net increases in rainfall and 19 countries reported decreases.
Globally, the data shows a one percent increase in overall precipitation over the period. Most changes by country were relatively minor. However, four countries stand out for relatively larger changes in rainfall. A persistent decline in annual rainfall would encourage greater investment in irri...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
