With a presidential election looming next month, Argentine farmers are facing difficult decisions in light of the current economic situation as well as a potential change in government.An old friend from Argentina, who manages a large commercial grain and livestock farming operation in addition to his own farm, summarized his opinion of the situation there in a recent conversation that we had. Below is a recap:
Planted area of all crops will be lower except for soybeans. Wheat is expected to decline by 1.75 million hectares with production dropping to 9.5 MMT. (USDA has it pegged at 11 MMT). Corn planted area will decline by 400,000 hectares with production at 21 MMT. (USDA's latest estimate is 25 MMT.) Soybean planted area will increa...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
