News
Farmers National notes strong gains in farmland values since Jan. 1.
Grain futures surge on Midwest heat, dryness, hogs end firmer.
U.S. LNG exports surge, JBS says all plants are up and running and Secretary Vilsack urges cattle market transparency...
![“Asian exporters are paying premium shipping rates, sometimes 10 times what the rate is for going from the [United] States back to Asia, and this shipping rate disparity incentivizes sending back those empty containers,” Borror said.](https://assets.farmjournal.com/dims4/default/92c7bcd/2147483647/strip/true/crop/840x561+0+19/resize/250x167!/format/webp/quality/90/?url=https%3A%2F%2Ffj-corp-pub.s3.us-east-2.amazonaws.com%2Fs3fs-public%2F2021-02%2FExport-ship-840.jpg)
Old-crop corn sales topped expectations, while new-crop sales were right in line with what the market expected. Exports of the grain held above 2 MMT.
The May jobs report will share the spotlight with weekly export sales today.
Argentina’s Agroindustrial Council (CAA) issued a statement today saying Argentine meat producers will continue to hold talks with the government with the goal of lifting a one-month suspension on exports of beef.
Grain futures slip on improved rain chances for Midwest.
On the High Plains, temperatures were cool and rain fell, but that did little to change drought conditions in the region.
Yellen holds virtual chat with China’s Liu; Phase 2 talks ahead?
Brazil grapples with water crisis, Global food prices continue to rise and House Ag Committee Chair Scott notes “serious concerns” over Biden tax policy proposals...
While dairy operations are working to expand, finding millions of more cows is challenging, feed costs are high and both land and water are scarce.
Yesterday, Brazil’s Infrastructure Minister Tarcisio de Freitas said efforts to save water and direct it to power generation will inevitably disrupt navigation on the Tiete-Parana waterway.
Grain and soy futures continue to climb. Meanwhile, Brazil’s ag minister is warning efforts to ensure hydroelectric power will disrupt shipping along the Parana River.
Boxed beef, pork cutout value continue to rise amid strong meat demand
Argentine cattle producers are slated to end their halt to meat sales at midnight tonight, but the ban could be renewed and extended to grain sales.
Corn falls on favorable crop ratings, cattle rises on strong beef market.