USDA’s Animal and Plant Health Inspection Service (APHIS) confirmed today that highly pathogenic avian influenza (HPAI) was found in a commercial turkey flock in South Dakota; 47,300 turkeys were affected. This is the first HPAI outbreak since 19 April. It is the 64th case in South Dakota. This case comes after three others in Canada; two in Alberta in September and one in Saskatchewan on Tuesday. These locations are all on the Central migratory flyway, which means the initial threat, if it does not expand geographically, is to turkey and egg production, not broilers, which are concentrated in the Mississippi and Atlantic flyways.
Speaking of broilers, chicken in cold storage was 834.9 million pounds i...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
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...