World Perspectives
livestock

Japan Open to 30-Month-Old Beef Tomorrow

Japan Open to 30-Month-Old Beef Tomorrow Last week we reported that Japan could lift its beef import restrictions on U.S. beef for animals 30 months old by 1 February. In fact, the announcement that this would happen took place Monday, 28 January and will come into effect tomorrow, 1 February. The new rule also applies to Canada. French and Dutch beef, which had been completely banned, now will be allowed, with upper age limits of 30 months and 12 months, respectively. For domestically produced beef, the government will lift the maximum age limit exempt from meat inspections from 20 months to 30 months or younger.This announcement comes as dairy beef slaughter has been unusually high. Though many dairy culls will be older than 30 month...

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feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

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feed-grains soy-oilseeds wheat

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Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

feed-grains soy-oilseeds wheat

Market Commentary: Mostly a Low Volume, Higher Close Day

It was the lowest trading volume day of the week for grains and soybeans. It started with soyoil the only major contract trading lower, but by mid-session it had been joined by old crop corn. New crop corn joined all three wheats and soybeans with a higher close. Hogs opened lower but then reve...

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Summary of Futures

Jul 25 Corn closed at $4.69/bushel, down $0.0325 from yesterday's close.  Jul 25 Wheat closed at $5.43/bushel, up $0.12 from yesterday's close.  Jul 25 Soybeans closed at $10.58/bushel, up $0.0775 from yesterday's close.  Jul 25 Soymeal closed at $296.9/short ton, up $2.6 from ye...

Trade Deals Being Worked on With Japan, China, and the EU

Japanese trade negotiator Ryosei Akazawa is in D.C. to talk trade. During a two-hour meeting with various officials, including Treasury Secretary Scott Bessent, Akazawa called for a review of recent U.S. tariffs, and Prime Minister Shigeru Ishiba said today Japan will not sacrifice its national...

FOB Prices and Freight Rates App (Updated 2 May)

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