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MarketWatch: Cash corn, soybean prices continue to retreat

Our Market Watch table features monthly and quarterly price outlooks along with weekly prices for a variety of ag markets.

Another week of outsized corn export sales, driven by known business to China

China bought a total of 5.812 MMT of corn the week ending May 20, with 5.644 MMT of those purchases being new-crop.

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

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

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.

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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%

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.