Wheat Argentina Argentina’s soil moisture maps are, frankly, scary. The moisture profiles are totally dry, and in many cases soils need more than 200 mm to recover. Different weather forecasts show the end of the La Nina for the short term, but rains are still not coming. The southeastern part of Buenos Aires province (a major wheat growing area) benefited last week from 40-80 mm of precipitation. In addition, light rains are expected for the next few days and more considerable volumes for the week beginning on 18 March.
There are high expectations for new wheat planting. After the failure of the previous wheat crop and the current soybean and corn crops, farmers need to plant to have cash at year’s end. But regardles...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
In agriculture and food processing, we think a lot about infrastructure: transportation and storage, processing and packaging, distribution and delivery. It is a physical system of roads, railroads, and rivers; concrete and steel storage; processing plants, warehouses, and machinery; and, event...
