News
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?