U.S. wheat and corn exports for their current respective marketing years are on track with the prior year and ahead of their five-year averages.
U.S. soymeal exports are on track with both last year and the five-year average. By contrast, soyoil exports are thus far below both last year and the longer-range trend.
The real standout has been soybean exports, ahead on both metrics and largely due to buying by China. But there have been no newly announced soybean sales to China in 19 days. The U.S. electorate may have fired President Trump yesterday and this raises the question of whether China remains committed to the Phase One purchasing agreement they struck with Mr. Trump? It can be argued that the Middle Kingdom needs the supp...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
