USDA’s Animal and Plant Health Inspection Service (APHIS) confirmed today that highly pathogenic avian influenza (HPAI) was found in a commercial turkey flock in South Dakota; 47,300 turkeys were affected. This is the first HPAI outbreak since 19 April. It is the 64th case in South Dakota. This case comes after three others in Canada; two in Alberta in September and one in Saskatchewan on Tuesday. These locations are all on the Central migratory flyway, which means the initial threat, if it does not expand geographically, is to turkey and egg production, not broilers, which are concentrated in the Mississippi and Atlantic flyways.
Speaking of broilers, chicken in cold storage was 834.9 million pounds i...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
