An important point to consider is that the future of Argentine wheat production will be influenced by the ability of soybean and corn exports to put some revenue back into the agricultural sector.Strikes during the past 28 days have inflicted some serious financial pain, but it now appears that Argentine grains can once again start to flow through export channels. The Rosario Grain Exchange published a report that estimates the total cost to farmers, exporters and truckers is approximately $185 million. Stated differently, the strikes reduced the normal inflow of foreign exchange by about 32 percent.Argentine ports will start receiving trucks on Monday. Corn is urgently needed at the ports and soybeans at the crushing facilities. Market par...
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...
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...
Let’s return briefly to the fake meat hype cycle, now sitting somewhere in a dusty corner of your mind, not entirely forgotten. What happened to all those products, known as plant-based alternative proteins? They were supposed to be as good as real meat—cheaper, more environmentally...
Illuminating the value of technical research
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