Early-season frost damage, elevated late-season temperatures could impact India’s rapeseed mustard crop quality; USDA

INDIA- According to a Rapeseed-Mustard Sowing Update by USDA staff, the quality of India’s crops in 2023 is likely to suffer, thanks to early-season frost damage and elevated late-season temperatures.  Rapeseed (Brassica campestris) and Mustard (Brassica juncea) are primary winter oilseed crops in India, grown in the Rabi season, from September-October to February-March.  These are the third most important edible…

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Russia extends black sea grain deal by 60 days

GLOBAL- On monday, 13th March 2023, Russia agreed to allow an extension of the Black Sea grain deal for 60 days, instead of 120 days, pushing the deadline two months into the future.  The last few weeks have carried an air of anticipation of the renewal of the Black Sea grain deal, whose 18th March deadline was looming. There have…

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Argentina soybean production to underperform in 2023 due to prevailing drought: USDA

ARGENTINA- The world’s top soybean exporter, Argentina, is expected to perform dismally in the 2022-2023 marketing year due to the prevailing drought in the country and the rest of South America.  According to the United States Department of Agriculture (USDA), Argentina has been experiencing the worst drought in the last six decades, forcing farmers to delay their planting of this…

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USDA cuts corn production estimates for South America due to prolonged drought

USA – The United States Department of Agriculture (USDA) has cut its estimate for South American corn production citing prolonged droughts in Argentina and Brazil, the region’s most of the major production areas. The cuts were indicated in USDA’s World Agricultural Supply and Demand Estimates (WASDE) January summer crop report. For Brazil, USDA estimates total corn production for marketing year…

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