According to the U.S. Centers for Disease Control, only one in 10 American adults meets the dietary guidelines for fruit and vegetable consumption. Meanwhile, U.S. production of these crops is flat to declining. The gap between supply and consumption is being filled by imports (see graph below).
According to the FAO, the U.S. has 50 percent more arable land than the EU and yet Europe produces 140 percent more fruit and 97 percent more vegetables (see graph below). Europe’s population is 58 percent larger so that does not account for the full difference.
The EU offers support to 72 different specialty crops, including supply management, promotion, harvest insurance, etc. The U.S. provides support to 21 different specialty c...
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: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
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...
