Reality Check The Mexican government says that it will halve the volume of corn imports by 2024 while concurrently eliminating the use of glyphosate. Meanwhile, Brazilian farmers are concerned about their yields this coming season due to a current short supply of glyphosate. Brazil’s corn yield is 50 percent better than Mexico’s and its soybean yield is 125 percent larger. Mexico City may need a reality check on crop production.
Worker-Centric A DC trade association discussion today about the Biden Administration’s worker-centered trade policy brought notable comments. The policy seems narrowly focused on manufacturing despite the U.S. economy being dominated by services. It was charged that for too long U.S. trade po...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
