Agriculture News
During the week ended Jan. 25, weekly wheat and soybean inspections were down from the previous week, while corn inspections rose 155,000 MT.
CCI ratings for corn and beans below year-ago, spring wheat rated better than last year.
USDA’s weekly export inspection data showed a week-over-week decline in export inspections for corn, soybeans and wheat. June 1 marked the beginning of the 2023-24 wheat marketing-year,
No changes in the short-term, intermediate or long-term trends this week.
The U.S. is escalating its conflict with Mexico over agricultural biotech measures, including the country’s stance on GMO corn...
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Net sales reductions of 210,500 MT of wheat were reported in week ended May 25, missing the expected range by over 100,000 MT. Weekly corn and soybean sales were near the low-end of their respective pre-report estimate.
Drought continues to spread from west to east across major U.S. corn and soybean areas.
The initial CCI ratings came one week earlier than last year.
Weekly corn inspections were down slightly from the previous week but were near the top-end pre-report estimate of 1.4 MMT. Corn in Wheat and soybean inspections were each near the respective low-end ranges.