Stats Canada released its first planting intentions estimates for 2017 last Friday, and there will be some enormous acreage swings in the U.S. neighbor this year if those numbers are close to accurate.Stats Canada released its first planting intentions estimates for 2017 last Friday (see below for comparison with 2016).There will be some enormous acreage swings in Canada this year if the above-noted numbers are close to accurate. Following are a few observations:
A 17 percent decrease in durum acres wasn’t surprising. More than 50 percent of last year’s crop was seriously damaged by the wet harvest, and prices for the good durum didn’t rally despite those significant quality problems. An 8 percent boost in spring wheat acres was unexpec...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
