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Tag: USDA

economics

CBOT Corn Futures Rise Amid Lower Argentine Crop Estimates

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

Chicago Board of Trade corn futures increased due to reduced Argentine corn crop forecasts and a weak dollar. The May corn contract closed at $4.65-1/4 per bushel. The USDA reported …

CBOT Corn Futures Rise Amid Lower Argentine Crop Estimates Read More
Global news

Withdrawal of Troops from Eastern Congo: A Response to Rising Violence and Public Opposition

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

African leaders announced the withdrawal of troops from South Africa, Tanzania, and Malawi from eastern Congo due to public opposition after the killing of peacekeepers. The decision came after a …

Withdrawal of Troops from Eastern Congo: A Response to Rising Violence and Public Opposition Read More
economics

CONAB Maintains High Soybean and Corn Estimates for Brazil

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

CONAB projects a substantial increase in Brazil’s soybean and corn production for 2024, with soybeans at 167.37 million tons and corn at 122.76 million tons. The estimates suggest heightened export …

CONAB Maintains High Soybean and Corn Estimates for Brazil Read More
Business / economics

South Africa Increases Health and Defense Budgets Amid U.S. Aid Cuts

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

South Africa is planning to bolster health and defense budgets amid cuts from USAID, with a 0.5% value-added tax increase affecting living costs. The healthcare system, which serves a vast …

South Africa Increases Health and Defense Budgets Amid U.S. Aid Cuts Read More
Business

CBOT Soybean Futures Decline Amid Trade Tensions and Brazilian Harvest Progress

March 3, 2025March 3, 2025 - by Marcus Chen - Leave a Comment

CBOT soybean futures fell on Monday amid concerns over trade disputes, particularly with China and Mexico, along with advancements in the Brazilian soybean harvest. Soybeans settled at $10.11-1/2 per bushel, …

CBOT Soybean Futures Decline Amid Trade Tensions and Brazilian Harvest Progress Read More
Business / economics

Coffee Prices Decline Due to Brazilian Real Drop and Higher Production Estimates

February 28, 2025February 28, 2025 - by Carmen Mendez - Leave a Comment

Coffee prices fell on Friday with May arabica coffee down by 0.15% and May robusta coffee down 0.86%. The Brazilian real’s decline coincided with increased global coffee production estimates for …

Coffee Prices Decline Due to Brazilian Real Drop and Higher Production Estimates Read More
Business

Coffee Prices Decline Amidst Weaker Brazilian Real and Production Forecasts

February 27, 2025February 27, 2025 - by Liam Nguyen - Leave a Comment

Coffee prices fell on Thursday, with May arabica coffee down 1.60 cents and robusta coffee down 34 cents. The drop was linked to a weaker Brazilian real and increased projections …

Coffee Prices Decline Amidst Weaker Brazilian Real and Production Forecasts Read More
economics

China’s Major Acquisition of Argentine Beef Amidst U.S. Inventory Decline

February 27, 2025February 27, 2025 - by Sofia Nawab - Leave a Comment

Argentina’s beef exports will see China acquiring 70%, with cuts in U.S. cattle inventory creating competitive pressures. New policies under President Milei aim to bolster economic growth through deregulated cattle …

China’s Major Acquisition of Argentine Beef Amidst U.S. Inventory Decline Read More
economics

USDA Downgrades Corn and Soybean Production Outlook for Argentina and Brazil

February 12, 2025February 12, 2025 - by Carmen Mendez - Leave a Comment

The USDA has revised forecasts, lowering corn and soybean production for Argentina and Brazil due to adverse weather. U.S. corn and soybean ending stocks remained unchanged, while wheat stocks decreased. …

USDA Downgrades Corn and Soybean Production Outlook for Argentina and Brazil Read More
economics

Impact of Tariffs on Grocery Prices from Mexico and Canada

February 1, 2025February 1, 2025 - by Sofia Nawab - Leave a Comment

President Trump plans to implement a 25% tariff on imports from Mexico and Canada starting February 1, potentially increasing grocery prices for American consumers. Both countries are critical suppliers of …

Impact of Tariffs on Grocery Prices from Mexico and Canada Read More

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