The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is reporting another generally solid week for grain and oilseed export inspections. Corn, soybeans, and wheat all saw week-to-week improvements during the week ending 16 October, with soybeans down dramatically year-over-year, however.
For corn, inspections were reported at 1,317,724 MT, up 107,688 MT than the previous week and 316,562 above a year ago. The main destinations were Mexico and Japan. Soybeans were pegged at 1,474,354 MT, an in...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
