Yams and sweet potatoes are easily confused and yet they are very different crops, including in global trade. Yams are starchier are more like potatoes, whereas sweet potatoes are sweet. Roughly the same volume of yams and sweet potatoes are produced by the world’s largest producers. Yet yams are mostly produced in Africa and consumed locally, whereas sweet potatoes also have roots in Asia and North America.
Moreover, sweet potatoes have been a growing export business. The U.S. is the largest exporter, while China and Vietnam now compete against each other for the number two slot. Their exports have been more variable with Vietnam joining the fray more recently and pulling ahead of China in the most recently available data.&n...
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...
