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Top Story: Page 19
Grain Trade & Export
US export sales surge amid strong demand for corn and soybeans
Corn sales surged 62%, driven by strong demand from Mexico and other key markets.
Brand Insights
Setting the Agricultural Industry in Motion
SEW-EURODRIVE, Inc.
Learn about the more commonly used drive solutions from SEW-EURODRIVE for the agriculture industry that help keep the most demanding processes up and running without missing a beat.
Logistics
Port of Montreal upgrading containerized grain handling capacity
This $25 million project will increase storage capacity by 20% and boost grain exports to key global markets.
Business & Markets
Lawmakers introduce bill to extend Clean Fuel Production Act
The bill aims to cut greenhouse gas emissions, drive rural economic growth and provide market certainty.
Grain Trade & Export
Cuba’s deteriorating food security poses challenges for US exports
Cuba’s shrinking ability to fund these imports raises concerns about long-term food security, with 12.8% of the population facing food shortages.
Grain Trade & Export
US grain exports hit $48 billion in record-breaking year
Ethanol sales reached a record 1.75 billion gallons, boosting U.S. agriculture's global presence.
Grain Supply Chain
USDA forecasts rise in corn and sorghum exports amid global shortages
Global coarse grain trade is expected to decline, influenced by reduced outputs in regions like Ukraine and Russia.
Grain Trade & Export
USDA forecasts 17% surge in US wheat exports for 2024/25
Global rice trade is also on the rise, with India’s export policy changes boosting global availability.
Grain Merchandising
USDA lowers 2024/25 soybean production forecast
Meanwhile, U.S. canola production hits record highs, driven by rising biofuel demand, while global palm oil supplies tighten.
Safety
Fire breaks out at ADM processing plant in Decatur, Illinois
While no injuries were reported, ADM halted corn deliveries and suspended operations in affected areas.
Grain Supply Chain
USDA adjusts global grain production forecasts
Corn production dips globally, and U.S. sorghum exports are expected to fall after a rebound.
Grain Trade & Export
USDA reports strong Chinese demand for cottonseed imports
The global oilseeds markets are adjusting to shifts in South Korea, Indonesia, and other key regions.
Commodities
USDA reports slight increases in corn and soybean production
Despite favorable yields, lower corn acreage and potential storm impacts may keep markets volatile.
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