Latest News From Meghan Vick

Another strike at Argentine ports underway as Covid-19 spreads
Another strike at Argentine ports underway as Covid-19 spreads

Argentine port workers launched another 48-hour strike at midnight as they continue to push to be designated essential workers so they can receive Covid-19 vaccines.

USDA seeking proposals for quantifying climate benefits of CRP
USDA seeking proposals for quantifying climate benefits of CRP

FSA will invest $10 million to measure and monitor the soil carbon sequestration and other climate and environmental benefits of conservation practices over the life of CRP contracts

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First Thing Today | May 26, 2021

Corn struggled to rebound overnight. Meanwhile, another strike is underway in Argentina and China took more steps to tighten its control on commodities.

Food prices continue to rise
Food prices continue to rise

The all-items consumer price index climbed 0.8% from March to April, with the gauge of economy-wide inflation now up 4.2% from year-ago levels, according to USDA’s Economic Research Service.

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U.S.-based ag company announces plans to build canola facility in Saskatchewan

Ceres Global Ag Corp. today announced it will build a $350 million canola crushing facility in Northgate, Saskatchewan, which is near Canada’s border with the U.S.

Evening Report | May 26, 2021
Evening Report | May 26, 2021

Another company has plans to build a canola facility in Saskatchewan, food prices continue to rise and USDA is seeking proposals on quantifying CRP benefits.

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Rain Falls in Brazil, But Weekend Frost Reminds of Next Threat to the Late-planted Safrinha Corn Crop

Rains were widespread across safrinha corn producing areas of Brazil over the weekend, providing welcome relief to dry conditions.

ISU Economist Says Line Speed Court Ruling Will Slash Pork Processing Capacity by 2.5%
ISU Economist Says Line Speed Court Ruling Will Slash Pork Processing Capacity by 2.5%

Dr. Dermot Hayes says even with possible mandatory overtime to compensate for lost capacity, the industry will lose 2.5% of overall harvest capacity if the ruling stands, with small producers likely to be hardest-hit.

Judge Shoots Down Effort to Halt Mexico's Bans on GMO Corn and Glyphosate
Judge Shoots Down Effort to Halt Mexico's Bans on GMO Corn and Glyphosate

A Mexican federal judge shot down a request by the National Farm Council to freeze a plan by the Mexican government to ban genetically modified (GMO) corn and the herbicide glyphosate by 2024.

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First Thing Today

Start your day with this concise recap of key ag news.

Cold Storage Report Confirms Strong Meat Demand
Cold Storage Report Confirms Strong Meat Demand

The pork and beef stocks numbers both speak to pent-up consumer demand as Covid-related restrictions ease.

Evening Report
Evening Report

Wrap up your day with this afternoon news update.

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Inspections Slide from Last Week’s Strong Showing

Shipments of corn, soybeans and wheat were within expectations.