Canada's weekly shipments of soybeans have increased in five of the past six weeks. At 164,000 metric tons, exports for week 1, or the week ending Aug. 11, are the largest weekly volume shipped in the 2019 calendar year.
Flooding in 2019 has been cruel to the Mississippi River and has already cost the U.S. Army Corps of Engineers more money than usual for cleanup at locks and dams cluttered by flooding. Now, they are running out of money for dredging.
Using a simple regression of end of July U.S. crop ratings and the percent that the national yield deviated from the 30-year trend comes up with a figure close to the USDA number of 169.5 bushels per acre.
As U.S. farmers hear more troubling news about trade disputes with China, the largest Chinese grain and oilseed company, COFCO, plans to buy more Brazilian soybeans over the next five years and help finance Brazilian farmers to expand production on more than 60 million...
DTN delivers accurate, objective, real-time, and actionable insights to increase our 2 million customers’ confidence and support their business decisions. In a data-rich world, our actionable insights in weather and financial analytics make sense of the information, drive change in processes and help businesses prosper. They empower our agriculture, energy and transportation customers – those who work endlessly to feed, fuel and protect our world. We believe that when our customers are supported with the most reliable and innovative information to the Nth Degree, they prosper and we all win. DTN is based in Minneapolis with offices globally.