Tag: global markets
USDA: Record South American Soybean Supplies Forecast Despite Falling Argentina Crop Jan 12, 2023
This month, 2022/23 Argentina soybean production is lowered 4.0 million tons to 45.5 million on drought conditions straining yields. Smaller supplies put downward pressure on crush and exports, both lowered […]
Global Markets: Cotton – U.S. Exports Down to Lowest Level in 7 Years Oct 12, 2022
2022/23 U.S. cotton exports are forecast at 12.5 million bales, down 100,000 bales from the previous month’s forecast and 14 percent lower than the 2021/22 marketing year. Lower exports are […]
Global Markets: Rice – Rising Competition in Core U.S. Market, Mexico Oct 12, 2022
Mexico has diversified its suppliers in 2022, causing U.S. market share to plummet. The United States has accounted for less than half of rice exports to Mexico during the first […]
Global Markets: Wheat – Prices Remain High as Major Exporter Stocks Contract Oct 12, 2022
Although wheat prices have fallen from the peak earlier this year, global wheat prices remain elevated, reflective of both uncertainty in the market based on disrupted trade flows in the […]
Global Markets: Oilseeds – Strong Farmer Selling Sparks Argentina Exports Oct 12, 2022
Driven by a large discrepancy in the official exchange rate and the market exchange rate and exacerbated by high inflation,1 farmers sold 2021/22 soybeans at the slowest pace in over […]
Global Markets: Oilseeds – Chinese 2021/22 Vegetable Oil Imports Plunge, Forecast to Recover in 2022/23 Sep 25, 2022
China’s COVID-related restrictions, slowing economic growth, .and higher global commodity prices have weakened the country’s demand for oilseed processing, protein meal, and vegetable oil consumption. High global vegetable oil prices […]
Global Markets: Cotton – Constrained Supplies Drive Pakistani Consumption Lower Sep 25, 2022
Pakistan’s 2022/23 consumption is forecast down 400,000 bales to 10.5 million this month pressured by a smaller crop. Domestic production is forecast down 700,000 bales to 5.5 million, the second […]
Global Markets: Coarse Grains – Vietnamese Corn Imports Lowest Since 2017/18 Sep 25, 2022
From 2018/19 to 2020/21, Vietnam imported over 10 million tons of corn annually, largely to meet growing domestic feed demand for swine, poultry, and aquaculture. However, at current reduced monthly […]
Global Markets: Wheat – EU Exports Expand but Constrained by Strong Competition Sep 25, 2022
Since the beginning of 2022/23 (July/June), EU wheat exports have started strong with July-August exports over 6 million tons cumulatively. Supported by ample beginning stocks, exports are expected to rise […]
Global Markets: Rice – India Imposes Export Restrictions on Certain Varieties Sep 25, 2022
India, the largest rice exporter, implemented policies on September 9 to restrict its exports. The government imposed a ban on exports of 100 percent broken rice (HS 100640) and also […]