Ukrainian corn is under heavy pressure. At current prices, it is more competitive against U.S. origin to Asia, although not by much. The last trades to South Korea were reported to be around $200/MT CNF. Milling Wheat The Black Sea market is extremely quiet. Russia's export tax of 35 euros became effective yesterday. The Ukrainian Ag Ministry signed a memorandum with major exporters that limits total wheat exports to 12.8 MMT for MY 2014/15. The cap for January-June is 4.6 MMT. Of that total, 1.2 MMT are milling wheat and 3.4 MMT are feed wheat.The weather in Russia and Ukraine is seasonally normal. Without any major weather problem, the 2015 crops should be very similar to last year's.The EU allocated 661,000 MT of wheat export licenses,...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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