Production At a critical time when the world needs more oilseeds, humans and Mother Nature are conspiring against it. Excessively wet conditions have delayed planting in the U.S. Notably, planting is 15 percent behind in some of the major producing states. The impact is that yield forecasts are already beginning to decline, as are private estimates of the final planted acres. USDA’s Prospective Plantings survey at the end of March suggested 91 million acres of soybeans but some believe at least 1 million acres will not get planted due to the sub-optimal conditions.
Meanwhile, the EU forecasts a 7 percent increase in oilseed production in 2022/23, but now drought conditions could cut that estimate. Drought also afflicts weste...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
