WASHINGTON, D.C. (RFD-TV) — U.S. grain export inspections posted mixed results in early December, with corn and wheat shipments remaining historically strong while soybean volumes continued to lag last year amid softer demand from China. Weekly data through December 11 show steady overall movement, but divergent trends among major row crops.
Corn inspections totaled about 1.58 million metric tons for the week, down from the prior week but still well above last year’s pace. Market-year-to-date corn inspections climbed to more than 22.5 million metric tons, running far ahead of last season and supported by shipments through Gulf and Pacific Northwest ports.
Soybean inspections declined to roughly 796,000 metric tons for the week and remain sharply below last year’s cumulative pace. While China remained an active destination for Mississippi River loadings, overall soybean demand continues to trail the previous season, as China sources more from South America.
Wheat inspections rose week over week to about 488,000 metric tons, lifting year-to-date shipments above last year’s total. Strong Pacific Northwest movement, particularly soft white wheat, continues to support export volume.
Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
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The FAO Food Price Index for October 2023 is out. Where do global food prices stand, and which categories saw the largest gains?
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In today’s production update, Total Acre Farming’s David Hula has an enlightening conversation with Jeremy Rountree about a new, industry-disrupting product from
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Gov. Sarah Huckabee Sanders spoke with RFD-TV’s own Susan Alexander this Monday morning on the Market Day Report to explain Arkansas’s recently passed giving lawmakers greater authority to sanction foreign ag-land ownership within the state.
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Researchers out of the United Kingdom are using gene editing technology to help make High-Path Avian Flu less of a threat to poultry.
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