Rabobank estimates a gradual performance boost for the global poultry market in the last quarter of 2023 and early 2024, following several months of slow growth.
The swine industry is facing several challenges globally, such as climate pressure and price volatility of raw materials. There are also issues specific to certain regions, related to legislative pressure and market constraints.
The US Department of Agriculture’s National Agricultural Statistics Service (NASS) has revised down its soybean supply forecast for 2023/24 based on lower yield.
The EU executive arm announced at the end of last week that the import ban on grain and oilseeds from Ukraine in five neighbouring EU countries has expired.
Corn and soybean prices fell after USDA estimates for US supplies were larger than markets had expected, but wheat failed to rise on a deep cut to world inventory hopes, finds CRM Agri.
The US Federal Reserve continued to dominate the macro picture over the past month. US inflation rose from 3.0% to 3.2% in July, the first monthly hike in inflation since June 2022. Consequently, markets still see some room for rates to move higher, which...
Wheat prices leaped, leading a strong session for grain futures, as a massive attack by Russia on Ukrainian ports shattered hopes for the country’s grain exports, reports the CRM Agri team.
The Black Sea agri-commodities export corridor, which allowed Ukrainian grain and oilseeds to be shipped safely, is now set to expire, after Russia announced it is pausing its participation in the initiative.
Understanding detection options is critical for feed producers and farmers to protect feed against trypsin inhibitor exposure – an unintended consequence of using alternative soybean ingredients, says Canadian company, CBS Bio Platforms.
Grain markets witnessed downward pressure at the end of last week, largely because of rain across key producing regions in the US, as well as easing tensions in the Black Sea region, finds an AHDB outlook.
The USDA’s latest World Agricultural Supply and Demand Estimates (WASDE) report was released on Friday, with few unexpected changes, noted a review by AHDB.
Existing investors in Viterra, Canada’s biggest pension funds, would back a potential merger between the Glencore Plc entity and Bunge Ltd, according to a report by Bloomberg.
The EU Commission’s Mars bureau this week nudged its forecast for the EU’s 2023 rapeseed yield higher to 3.34t per hectare, led most likely by an increase in the French crop. Should that be achieved, it would be the highest yield since the high of 3.61t...
Moscow’s signing up to a third extension of the Black Sea grain export deal, confirmed late Wednesday, keeps open the safe corridor for Ukraine’s grain shipments and removes doubts over access to Russia’s substantial exportable wheat supplies too, commented...
Renewal of the UN brokered Black Sea grain export corridor remains a key watchpoint in markets, with it set to expire on Thursday this week, notes the AHDB.
Wheat futures staged their biggest rally in six months after an alleged attack on the Kremlin heightened Russia-Ukraine tensions, stoking doubts over the renewal of the Black Sea grain export deal, warned CRM Agri.
As industry experts warn that some US soy crush expansion projects could be put in jeopardy by EPA proposals, ADM confirms its soybean crushing plant in Spiritwood, North Dakota, is set to come on stream in Q3 2023.
The EU needs to safeguard market access to essential supplies of feed grains and vegetable protein meals to its feed and livestock sectors, said FEFAC referring to the move by Poland, Hungary, Slovakia, and Bulgaria to impose import restrictions on Ukrainian...
Grain markets have returned to prior levels following the late March rally after speculation about Russian export bans and the withdrawal of major trading companies from Russia, finds CRM Agri.
In its second forecast for the 2023 crop, Coceral sees the total grain crop in the EU and UK at 303.5 million tons, which, though lower than its forecast in December, would be a significantly higher than the 290.7m tons harvested last year.
The Ukraine grain corridor agreement, which expired over the weekend, has reportedly been extended, although the details of the terms remain shrouded in ambiguity, noted CRM Agri.
Confidence in Brazilian second corn crop remains high, and planting of US corn has become incentivized due to the sustained and large-scale reduction in fertilizer costs, finds a CRM Agri outlook.
The American Feed Industry Association (AFIA) has moved to dispel what it says are untruths on social media sites and news stories linked to commercial poultry feed and reduced egg production in the US.
A small upside in pork trade is expected for this year, and the re-opening of China is raising opportunities but also uncertainties, finds the latest Rabobank pork quarterly.
Feed mills in China are including more corn in their feed formulations as higher prices for wheat and sorghum reduce demand for those components, found a USDA report.
As ADM reports record profits, it flags headwinds in relation to its animal nutrition business for 2023 due to the impacts of weaker margins in amino acids and recovery in the global supply of lysine.
Rapeseed futures extended their losses in trade on the Euronext exchange yesterday as the market anticipates a cut in German demand ahead, finds an outlook from CRM Agri.
A USDA attaché report for Brazil has increased the 2022/23 forecast for the country’s soybean production to 153 million metric tons (MMT). It also revises upwards its soybean export estimate to 97MMT, a new record.
Another year of decline is expected for pork production in 2023, after a sharp 5% drop in 2022. Rabobank expects pork production in the EU27+UK to contract by about 3% YOY in 2023.
Wheat prices saw record highs in mid-May, before falling notably in recent months, bringing markets back to where they started the year, finds a CRM Agri review.
The latest data reveals that grain exports out of Russia gathered some pace in November, with both corn and wheat exports jumping, relative to October, finds CRM Agri.
