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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, December 25, 2024
Corn and soybean prices fell Friday following USDA’s release of its latest World Agricultural Supply and Demand Estimates report, which projects a record soybean crop and “smaller supplies, larger exports, and reduced ending stocks” for corn.
Declining prices for cereals and vegetable oils helped drive world food commodity prices down for the 12th straight month, the Food and Agriculture Organization of the United Nations said Friday.
The Biden administration wants to make more farmers eligible for insurance when they grow wheat and soybeans in the same crop year, but some industry experts doubt the plan will do as much as the White House hopes in scaling up wheat production.
Researchers in America's breadbasket and across the globe may have found a way to enhance global wheat production through genome sequencing of over a dozen wheat varieties.
