Are farmers baffled by blockchain and dissuaded by data? Do they get fed up with feed apps and antagonized by algorithms. No, say industry tech experts, that may be the perception but the reality is far more nuanced.
US corn stock increases bring bearish surprise for the feed crop, while ongoing trade uncertainty supports large soybean amounts in storage say analysts.
African swine fever hampered animal feed sales and soy crush operations, and trade disruptions and uncertainty created challenges across the company even as cost-cutting measures boosted quarterly net earnings, according to Cargill’s third-quarter results.
An increase in corn planting area in Egypt is a direct result of capital being ploughed into the country's poultry production and feed sectors, finds a US Department of Agriculture (USDA) GAIN report.
Trade conditions are gradually improving for global poultry, according to a Rabobank report, while an analyst with the Dutch bank notes the eastward migration trend of European feed, poultry production
Production at Bunge’s soybean crushing plant in Brest, France has been on hold for a number of days due to a strike following a fire in a storage silo, the company told Reuters yesterday [March 18].
Canada remains the top export market for US ag products; that country saw a hike in soy exports to China and experiencing ongoing uncertainty in canola trade, say analysts.
Production of the feed protein ingredient fishmeal could see 25% production drop following a period of warmer water temperatures, but exports are set to increase, says agricultural specialist.
The USDA predicts larger domestic supplies of corn and wheat from export market challenges while ending stocks for soybeans drop and producers watch spring weather.
In its first forecast for the 2019 crop, Coceral, the trade group representing the representing EU trade in cereals, rice, feedstuffs, oilseeds, olive oil, oils and fats and agrosupply, projects the EU total grain crop at 298.5 million tons.
Lower yields, transport costs and a potential trade agreement between China and the US are influencing soybean prices and may reduce exports for the feed ingredient, says analyst.
