Cordonnier warns his U.S. corn & soybean yield forecasts may fall. Gulf terminals slowly coming back online. Inflation will continue to rise over the next two years. Cattle hold up well in the fact of economic jitters.
China’s wheat imports reach highest level in more than two decades. Russian wheat export prices climb for 10th consecutive week. Possibility of a debt default rattles the market.
Russia lowers tariff on wheat exports for first time in a month. Biofuel producers pushing for modeling change regarding SAF tax credit eligibility. Pork prices have turned up, but cash market remains under pressure.
Strategie Grains calling for tighter global wheat supplies. Business Roundtable sounds alarm on debt ceiling; Yellen calls McConnell. POET pledges its ethanol will reduce emissions at least 70% vs. gasoline by 2030.
Nicholas expected to stall over Louisiana, storms possible in the Ohio Valley. Another light NOPA crush expected to close out marketing year. Pork prices surge.
Cordonnier’s corn & bean crop forecasts edge higher. ABARES expects record-setting ag exports for Australia. Neiffer weighs in on proposed tax changes. Nearly 50% of U.S. offshore oil production remains out of service
Tropical storm headed for Texas, Typhoon to disrupt shipments out of key Chinese ports. Russian wheat export prices continue to climb. Four-page document includes details of $3.5 trillion reconciliation package
Bigger corn, soybean crop estimates expected. ADM expects to resume export loadings at two Louisiana terminals by month’s end. Russia again hikes tax on wheat exports. Lawmakers announce bill to restore beef MCOOL.
Hurricane Ida disrupting flow of grains, oilseeds to Asian buyers. Trucker strike in Brazil having limited impact on grain exports so far. Price pressures, slowing rate of growth in U.S. economy keys in Beige Book
