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Global Dairy Index drops 4.3%

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Dairy prices were mostly down on the world market as Tuesday’s Global Dairy Trading index fell 4.3%, the second-largest drop in the index since February. More than half of Tuesday’s trade was whole milk powder, which saw prices fall 8%.  Cheddar cheese and skim... Read More.

Wheat leads on global supply concerns

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Soybeans were mostly higher, adjusting spreads. Most forecasts have warm, dry weather late this month into next month, potentially stressing the crop and trimming yields. The USDA’s updated yield and production projections are out August 11th in the monthly supply and demand report.... Read More.

Global soybean market remains competitive

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The global market for soybeans is competitive and a commodity broker says that won’t change anytime soon. Jody Lawrence of Strategic Training Advisors tells Brownfield… “Brazil and Argentina are going to outproduce us in soybeans, we will never catch up to them, by more than... Read More.

Global food insecurity worsens

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New data on global food security and nutrition indicates a significant increase in people facing hunger since 2019. The report published jointly by five United Nations agencies says over 122 million more people have become food insecure the past three years, citing the pandemic,... Read More.

Global Dairy Trade Index drops 3.3% Tuesday

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The Global Dairy Trade Index fell 3.3% in Tuesday’s trading session.  Prices for all products were down, but butter and buttermilk powder took the largest fall. Buttermilk powder was down 11.4% to just $2,189 per metric ton, or $0.99 per pound. Butter was down 10.3%... Read More.

Heartland Summit encourages global engagement, U.S. funding

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More than 500 farmers and agriculture leaders are stressing the importance of federal investment in international trade promotion. The U.S. Global Leadership Coalition Heartland Summit took place in Iowa and Michigan Thursday focusing on the benefits of strategic investments in agriculture and global development. President... Read More.

Global Dairy Trade Index unchanged Tuesday

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There was no change in the Global Dairy Trade index in Tuesday’s trading session, as the average dairy product price remained at $3,479 dollars a metric ton. Price increases for butter and anhydrous milk fat offset losses by Cheddar cheese and skim milk powder. Butter... Read More.

Staying Focused on Growing Global Markets

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In this week’s Missouri Corn Talk, U.S. Grains Council President and CEO Ryan LeGrand says there are a lot of global factors influencing corn demand including the Russia-Ukraine war and increased production in South America. He also says ethanol exports are a way to... Read More.