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 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.
Global grain markets were under pressure at the start of the week, likely due to ongoing concerns surrounding the global economic outlook, improved weather conditions in South America and some pressure on short term Brent crude oil futures contracts,...
The fall in crude oil markets at the end of last week has pressured vegetable oil and oilseed markets. After last week’s heatwave across the US, this week’s USDA crop progress report will be closely watched, say CRM Agri.
Feed industry representative group, the Agricultural Industries Confederation (AIC), has hailed the UK government’s announcement that from June 1, 2022, it will remove the 25% import tariff on corn imported to the UK from the US.
In what has been a mixed day for markets, weather forecasts for large parts of US winter wheat are now once again showing little beneficial rainfall over the next week and uncertainty remains around crop conditions, say UK-based agri-commodity specialists.
Russia’s invasion of Ukraine has led to volatility in several sectors of the global economy. For India and the region, trade is being disrupted in the grains, oilseeds, fertilizer, and energy sectors, among others.
Global crude oil values have rallied sharply as the conflict in Ukraine continues to escalate and markets price in risk premium, with growing uncertainty in global markets, finds CRM Agri in its latest outlook.