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Grain Supply Chain: Page 34
Grain Supply Chain
Drought relief in Florida but worsening in the Eastern US
Most of the country anticipates above-normal temperatures, exacerbating dry spells in several areas.
Company News
Bunge sells 50% stake in BP Bunge Bioenergia to BP
This move marks a strategic shift for Bunge as it exits the bioenergy sector to concentrate on its principal agribusiness offerings.
Grain Trade & Export
USDA lowers global coarse grains production forecast
This adjustment is mainly due to reduced global barley output, which somewhat overshadows an increase in corn production.
Grain Trade & Export
USDA reports mixed movements in agricultural exports
Wheat sales showed a modest increase, while corn sales saw a slight decline compared to previous weeks.
Grain Trade & Export
USDA forecasts US as net soybean oil exporter for 2024/25
This shift follows a significant drop in the US soybean oil price premium, which was previously inflated by robust domestic demand for biofuel production.
Grain Trade & Export
Tighter Black Sea wheat supplies disrupt global export market
Supply constraints are pushing global wheat prices up, reshaping trade dynamics and influencing the agricultural economy.
Grain Trade & Export
USDA reports robust agricultural export transactions in late May
Key highlights include a notable increase in corn sales, which surged by 46% from the previous week.
Grain Supply Chain
From field to table: Overcoming data interoperability hurdles in agrifood
Observations and measurements are the key to data-driven decision-making, and standards enable doing it at scale.
Grain Supply Chain
USDA reports April 2024 grain crushings and co-products production
The report indicates a noticeable 11% month-over-month decrease in total corn consumption for alcohol and other uses.
Grain Supply Chain
Weather events impact agriculture across US regions
With a mix of severe weather from rain to record warmth, regional effects vary widely.
Grain Trade & Export
USDA export sales highlights for week ending May 23, 2024
Corn sales dipped slightly with strong buying from Mexico and Spain, while soybean transactions saw an uptick
Grain Trade & Export
International Grains Council reports drop in global grain production
Adjustment leads to an anticipated decline in closing stocks, positioning them at 580 million metric tons.
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