Wheat Argentina Argentina’s soil moisture maps are, frankly, scary. The moisture profiles are totally dry, and in many cases soils need more than 200 mm to recover. Different weather forecasts show the end of the La Nina for the short term, but rains are still not coming. The southeastern part of Buenos Aires province (a major wheat growing area) benefited last week from 40-80 mm of precipitation. In addition, light rains are expected for the next few days and more considerable volumes for the week beginning on 18 March.
There are high expectations for new wheat planting. After the failure of the previous wheat crop and the current soybean and corn crops, farmers need to plant to have cash at year’s end. But regardles...
What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...