In Missouri, World Grain reported that China has set higher grains and oilseeds production targets and increased its 2025 budget for storing agricultural commodities. A Reuters report stated that China announced it would set a production target of about 700 million tons for 2025. This marks a higher goal compared to its 2024 target of […]
In Paraguay, La Nacion reported that Paraguayan corn exports would not be affected by the higher production in Brazil and the downward adjustment of the Argentine harvest, according to Hugo Pastore, director of the Paraguayan Chamber of Exporters and Traders of Cereals and Oilseeds (Capeco). “It wouldn’t necessarily have an impact. Brazil has tax regulations […]
In Brazil, Reuters reported that agribusiness consultancy AgRural cut its forecast for Brazil’s 2024/25 soybean crop on lower yield projections in the key states of Parana, Mato Grosso do Sul and Rio Grande do Sul due to a lack of rain. AgRural now expects Brazil to produce 168.2 million metric tons this season, down from […]
In Paraguay, La Nacion reported that according to the weekly report of Paraguayan rural entity UGP, sorghum is gaining ground in productive areas of departments such as Itapúa, Alto Paraná, San Pedro, among others, as it is a crop resistant to water stress and with lower production costs compared to corn, the main rotation crop. […]
In Missouri, Brownfield reported that a market analyst expects more than a quarter of Brazil’s second crop corn to be planted outside its optimal window. Michael Cordonnier with Soybean and Corn Advisor noted that 25 to 30% of Safrinha corn is going to be planted after the end of February. Brazil’s Safrinha crop accounts for […]
In China, Reuters reported that China’s rising demand for food calls for increased efforts to boost grains production even after record high output in recent years, China’s Central Rural Work Leading Group said. China is the world largest agriculture producer and importer, bringing in more than 157 million metric tons of grains and soybeans last […]
In Iowa, Pioneer announced the availability of Pioneer brand Plenish high oleic Enlist E3 soybeans for the 2025 season. The firm noted that the new Plenish high oleic Enlist E3 soybeans will be introduced in Pioneer brand Z-Series varieties, providing genetics and a generational leap forward in yield potential. Roger Theisen, marketing manager for Pioneer […]
In Mexico, Reuters reported that Mexico’s lower house approved a constitutional reform to ban the planting of genetically modified (GM) corn. The initiative by President Claudia Sheinbaum comes after a trade-dispute panel ruled in December that Mexico’s restrictions on GM corn, mostly imported from the United States, violate the U.S.-Mexico-Canada Agreement (USMCA), according to the […]
In Brazil, Noticias Agricolas reported that Brazil’s soybean exports in February were estimated at 9.35 million tons, around 400,000 tons below last week’s forecast, according to data from the National Association of Grain Exporters (Anec). With the adjustment, Anec began to see a drop in Brazilian soybean exports compared to the same month last year, […]
In Ireland, Research and Markets reported that the global grain market is expected to reach a volume of 2.56 billion tons by 2032, up from 2.3 billion tons in 2023. Aided by the increasing demand for staple foods and the increasing population, the market is projected to further grow at a CAGR of 1.20% between […]
