Agriculture

The North American biofuels industry is scaling back production as U.S. President Donald Trump’s tariff policies and uncertainty over green fuel subsidies create market turmoil. U.S. and Canadian biofuel producers, facing rising costs and shrinking margins, are idling plants and shelving expansion projects, threatening rural economies and decarbonization efforts. Key Developments: Production Cuts: U.S. biodiesel […]

Euronext wheat futures surged on Wednesday, with the May milling wheat contract rising 2.3% to €227.25/metric ton, as Turkey’s decision to ease import restrictions sparked optimism for increased demand. The front-month contract hit a two-week high of €227.50, supported by reports of large Iranian wheat purchases and a weaker euro. Key Drivers: Turkey’s Policy Shift: […]

Chicago wheat futures eased on Tuesday as traders weighed improving U.S.-Russia diplomatic talks against worsening crop conditions, while corn and soybeans declined ahead of key USDA planting data and tariff retaliation risks. Wheat: The most-active CBOT wheat contract fell 3.5 cents to $5.65/bushel, retreating from Monday’s highs driven by U.S. Plains dust storms. Kansas winter […]

The U.S. Department of Agriculture (USDA) will begin accepting applications starting Wednesday for a $10 billion emergency aid program designed to support farmers grappling with historically low commodity prices. The funds, approved by Congress in late 2023, aim to supplement existing subsidies as farmers face mounting financial strain, with some crops now costing more to […]

Chicago wheat futures jumped 3.3% on Monday, hitting a two-week high, as windstorms in the U.S. Midwest and Plains stoked fears of crop damage, while Russia’s reduced export forecasts tightened global supply expectations. Corn edged higher, while soybeans fell on weaker-than-expected processing demand. Key Drivers: Weather Impact: Severe windstorms and tornadoes over the weekend threatened […]

China has renewed export registrations for hundreds of U.S. pork and poultry facilities, easing fears of disrupted shipments to the world’s largest meat importer, industry groups announced Monday. However, approvals for U.S. beef plants remain pending, leaving that sector in limbo. The renewals, valid for five years, apply to facilities whose certifications lapsed in February […]

Chicago soybean and corn futures edged lower on Friday, heading for weekly declines amid escalating trade tensions and ample South American supplies. Trade War Impact: The U.S.-led tariff escalation, including retaliatory EU and Canadian duties, threatens to disrupt agricultural trade flows. The EU may reinstate a 25% duty on U.S. corn and consider soybean tariffs, […]

The North American coffee industry is bracing for disruptions as the U.S.-led trade war threatens cross-border supply chains integral to roasting, packaging, and distribution. Companies like Starbucks, which roasts coffee for its Canadian stores in the U.S., are re-evaluating operations amid potential tariffs. While the U.S. postponed 25% levies on most Canadian and Mexican goods, […]

Indian sugar mills have secured contracts to export 600,000 metric tons of sugar in the 2024/25 marketing year but are pausing further deals due to rising domestic prices, according to industry officials. The slowdown from the world’s second-largest sugar producer is expected to prop up global prices, which currently hover near three-year lows. India’s government […]

Brazil’s soybean exports are projected to reach 15.45 million metric tons in March, a 4% increase from last week’s forecast, driven by a robust harvest of its record crop, according to the grain exporters’ association Anec. If confirmed, this would mark the highest March volume on record and approach the all-time monthly high of 15.7 […]