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Tag: USDA

Business / economics

Chicago Soybean Futures Reach Three-Week High Amid Biofuel Discussions and Harvest Outlook

March 31, 2025March 31, 2025 - by Sofia Nawab - Leave a Comment

Chicago soybean futures hit a three-week high at $10.24 per bushel, spurred by domestic demand from biofuels policy discussions, but Brazil’s anticipated record soybean harvest and U.S. tariff concerns limited …

Chicago Soybean Futures Reach Three-Week High Amid Biofuel Discussions and Harvest Outlook Read More
Business

Cyberattack Disrupts Operations at South Africa’s Largest Chicken Producer

March 25, 2025March 25, 2025 - by Carmen Mendez - Leave a Comment

Astral Foods, South Africa’s largest chicken producer, experienced a cyberattack that resulted in over $1 million in losses due to delivery and processing delays. The incident triggered disaster recovery protocols, …

Cyberattack Disrupts Operations at South Africa’s Largest Chicken Producer Read More
Business

CBOT Soybean Futures Close Higher Despite Brazilian Harvest Pressure

March 21, 2025March 21, 2025 - by Marcus Chen - Leave a Comment

The CBOT soybean futures ended higher despite pressure from a large Brazilian crop. Traders are adjusting ahead of USDA reports on grain stocks and planting intentions, while U.S. soybean sales …

CBOT Soybean Futures Close Higher Despite Brazilian Harvest Pressure Read More
Global news

Drier Conditions Impacting Brazil’s Safrinha Corn Crop Amidst Rainfall Deficits

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

Brazil faces worrying dry conditions affecting the safrinha corn crop, as recent rainfall has fallen significantly below normal levels. Mato Grosso remains relatively stable, but most growing areas are experiencing …

Drier Conditions Impacting Brazil’s Safrinha Corn Crop Amidst Rainfall Deficits Read More
economics

Argentina’s 2024/25 Corn Harvest Progress Update

March 20, 2025March 20, 2025 - by Sofia Nawab - Leave a Comment

As of March 12, 2025, 8.1% of Argentina’s corn is harvested amid predominantly dry weather. Crop estimates vary between 44.5 to 50 million tons. The average corn yield is currently …

Argentina’s 2024/25 Corn Harvest Progress Update Read More
Business / economics

Insufficient Rain in Brazil Bolsters Coffee Prices Amid Production Concerns

March 19, 2025March 19, 2025 - by Liam Nguyen - Leave a Comment

Coffee prices have increased due to insufficient rainfall in Brazil, significantly impacting production forecasts. Projections indicate a global coffee production rise in the upcoming year, although Brazil’s coffee output is …

Insufficient Rain in Brazil Bolsters Coffee Prices Amid Production Concerns Read More
Business

Brazilian Crop Concerns and Currency Strength Elevate Coffee Prices

March 18, 2025March 18, 2025 - by Marcus Chen - Leave a Comment

Coffee prices have risen due to dry conditions in Brazil and a stronger Brazilian real. Projections indicate an increase in global coffee production for 2024/25, but Brazil’s output is expected …

Brazilian Crop Concerns and Currency Strength Elevate Coffee Prices Read More
Business

Coffee Prices Rise Amid Brazil Dryness and Strengthening Real

March 17, 2025March 17, 2025 - by Sofia Nawab - Leave a Comment

On Monday, coffee prices rose due to drought conditions in Brazil and a stronger Brazilian real, with significant projections for coffee production and inventory levels. The USDA forecasts suggest a …

Coffee Prices Rise Amid Brazil Dryness and Strengthening Real Read More
Business

Coffee Prices Surge Amid Drought and Currency Strength in Brazil

March 17, 2025March 17, 2025 - by Liam Nguyen - Leave a Comment

Coffee prices are rising as dry conditions persist in Brazil, affecting arabica coffee yields, while a strengthening Brazilian real supports market prices. Recent forecasts suggest increased global production for 2024/25 …

Coffee Prices Surge Amid Drought and Currency Strength in Brazil Read More
Business / economics

Analyzing the Discrepancies in Brazil’s Corn Stock Estimates

March 13, 2025March 13, 2025 - by Liam Nguyen - Leave a Comment

Brazil’s corn supplies have reached a 25-year low per Conab, contrasting with USDA’s later projection. USDA maintains a corn crop estimate of 126 million tons for 2024-25, while Conab slightly …

Analyzing the Discrepancies in Brazil’s Corn Stock Estimates Read More

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