As the end of this year and the beginning of the next one nears, it is hard to resist looking back at what has occurred and speculating about what lies ahead.As the end of this year and the beginning of the next one nears, it is hard to resist looking back at what has occurred and speculating about what lies ahead. There are a number of things that stand out in 2016 as having considerable importance to markets and the business of agriculture. Following are a few that make our own highly subjective list:
2016/17 will be a year for new production records and the fourth consecutive one of very large grain and oilseed crops for both the U.S. and the world. The U.S. had record-large corn and soybean production in 2016 and set yield records fo...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...