Brazil’s record soybean crop is only about 25 percent harvested but already, analysts say it is set to make a big impact on the export market.
Experts at Grain Cycles say Brazil’s soybean exports are about to pick up steam, and when they do, they are going to accelerate. The South American country has also already sold some of its first corn crop which they usually hold for feed purposes. Analysts say U.S. growers have until mid-July to get our corn out to market.
USDA’s Supply and Demand forecast comes out March 8th with Conab’s Brazil outlook being released the following day.
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Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.
U.S. producers are holding off on equipment investments amid financial pressure, market uncertainty, a rising demand for diesel, and growing desperation for trade wins.
As the White House works to close the trade gap, patience is wearing thin for some lawmakers. Senator Chuck Grassley (R-IA) says farmers are getting backed into a corner.
RealAg Radio host Sean Haney joins us for a Canadian perspective on President Trump’s controversial tariff rollout, lower court rulings, and upcoming review by the U.S. Supreme Court.
The September WASDE report comes out on Friday at Noon ET. As always, we’ll bring you those numbers right here on Market Day Report along with our expert
