U.S. sorghum prices are still quite competitive in China despite the transition there to a more fundamental supply and demand market system, and another factor will also likely help open the door for more of those imports.
U.S. Sorghum Exports Rebound in May; DDGS Have a Pulse Corn prices in southern China have remained high with the 2016 harvest sold out and historically strong demand at the state-run auctions. Meanwhile, U.S. sorghum prices are still quite competitive despite China’s transition to a more fundamental supply and demand market system. With a total export volume of 420,720 MT worth $72.37 million, U.S. sorghum exports in May were up by 212,645 MT (+102.2 percent) versus May 2016 but less than the record 536,...
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...
