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Brock Online Notes
WTO Rules against Cotton Subsidies
In a decision that should have far reaching implications for the U.S. farm program and global free trade talks, the World Trade Organization on Thursday handed the U.S. a final defeat in the case brought by Brazil against U.S. cotton subsidies.
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Brock Online Notes
Chinese Corn Exports Picking Up
Chinese corn exports are picking up as lower prices and higher freight rates restore a competitive edge in the Asian market ...
Brock Online Notes
EU Starts Slowly With Wheat Subidies
Last week the European Union granted export refunds worth a relatively low four euros per metric ton for 134,000 tons of wheat, its first such subsidies in 18 months, official data showed.
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Brock Online Notes
Argentine Soy Said Hurt By Dryness
Dry weather and high temperatures have combined to cut the forecast for Argentina's 2004-05 soybean crop by 1 million metric tons, the Argentine consulting firm Agripac S.A. estimated last week, according to a Dow Jones News Service report.
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Brock Online Notes
EU Resumes Wheat Export Subsidies
The European Union on Thursday announced it would reinstate wheat export subsidies for the first time since 2003 in response to demand from EU exporters.
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Brock Online Notes
Little Change In Crop Numbers Seen
The grain trade does not expected to see much change in the U.S. corn and soybean production numbers when USDA releases its final 2004 crop report this week.
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Brock Online Notes
Early Brazil Soy Harvest Under Way
Producers in Brazil's No. 1 soybean state of Mato Grosso are beginning to harvest the 2004-2005 crop, roughly on par with last season's start of harvest, according to a report from Reuters News Service.
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Brock Online Notes
Asian Rust On Move In Brazil
Asian soy rust has spread to 51 districts in eight Brazilian states, the government crop research bureau Embrapa reported last week.
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Brock Online Notes
USDA S/D Report Neutral For Prices
USDA made some adjustments to its U.S. corn and wheat usage estimates in Friday morning’s monthly supply/demand update, but didn’t touch its soybean balance sheet.
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Brock Online Notes
Brazil Soy Planting Winding Down
Soybean planting activity is now winding down in Brazil after favorable weather allowed producers to make good progress last week.
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