The eve of another important report from USDA, namely tomorrow’s 1 September quarterly stocks plus the final small grain production summaries, presents a good time to comment on a few analytical odds and ends of late.The eve of another important report from USDA, namely tomorrow’s 1 September quarterly stocks plus the final small grain production summaries, presents a good time to comment on a few analytical odds and ends that seem to have piled up recently.
First of all, there is Friday’s report itself. The consensus opinion is that USDA will increase U.S. all wheat production very slightly to a final estimate of 2.326 billion bushels from August’s 2.321 billion bushels. It will also likely adjust production estimates for barley and oat...
What You Need to Know Today: The U.S. conducted “self-defense strikes” in Iran and said the two sides are “close” to negotiating a ceasefire. “Close” is a relative term, however, and even if 95 percent of the terms are agreed to, the remaining 5 percent is l...
As we reported on 19 May, China has also committed to the resumption of U.S. poultry imports from states without confirmed HPAI detections. USDA’s Animal and Plant Health Inspection Service (APHIS) has updated its China export restrictions webpage to reflect that China has lifted HPAI-rel...
Key Takeaways: Brazil has been the second-largest producer of fuel ethanol globally, but almost all of it was derived from sugarcane until recently. Corn ethanol production has increased due to expanded second-crop corn production, sugarcane storage limitations, and biofuel policy. Brazil is e...
