Oil World is reporting this week that biodiesel production in Argentina and Brazil will increase sharply in both countries this year with Brazil's production expected to rise by 18.4 percent and Argentina's by 30.2 percent. USDA Raises U.S. Soybean Yield and Production Forecast USDA made several revisions today to its U.S. soybean and distribution estimates for both the current and next marketing years. These changes increased supplies as well as demand, but on balance were bearish.MY 2013/14: USDA raised its forecast for U.S. soybean exports in 2013/14 by 20 million bushels to 1.64 billion bushels. It also increased its estimate for U.S. soyoil exports by 150 million pounds to 1.85 billion pounds ((839,154 MT) and lowered its forecast fo...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...