Production Down, Prices Up

Production Down, Prices Up

It’s corn! A big lump with knobs. It has the juice. But we’re talking soybeans and cotton, too. Each month, USDA’s National Agricultural Statistics Service (NASS) provides the World Agricultural Supply and Demand Estimates (WASDE) report. Yesterday, they...
Putin’s Grain Gripe

Putin’s Grain Gripe

Russia’s fighting words over the Black Sea grain export deal had wheat prices going wild last week. ICYMI: A UN-brokered deal in July was intended to let Ukraine export tens of millions of tonnes of grain out of their Black Sea ports to side-step a global food crisis....
Brazillions of Beans

Brazillions of Beans

Brazil is set to plant soy many acres this year—enough to set a record. Tell us mais: As Brazilian farmers get set to plant this month, the National Supply Company (CONAB) expects production of more than 300M tons of soybeans, corn, cotton, rice, and wheat. That’s a...
High Port-ential: Ukraine Gets Shipping

High Port-ential: Ukraine Gets Shipping

Ukraine grain exports are back in a big way—their ships are buoying global supply. Recent grain exports from the major agricultural nation have topped 1M metric tons, with 44 ships sent to 15 nations. How does a country at war get their ships out of port unharmed?...