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Urner Barry Releases May Pulse Protein Report
As of May 10, Ethiopia remains in the top spot of the dried pea export value chart, with a 55% increase in value year-over-year (YoY) noted. Cameroon holds the fifth spot, with a 71% decrease in value. Canada is holding the number one spot for dried lentils with a 1% decrease and Mexico holds the number three position with...
Urner Barry Releases April Soy & Wheat Report
The outlook for 2022/23 U.S. wheat in April is for slightly higher supplies, reduced domestic use, unchanged exports, and increased ending stocks. Supplies are raised by 5 million bushels on higher imports, based on...
Urner Barry Releases April Pulse Protein Report
As of April 12, Ethiopia remains in the top spot of the dried pea export value chart, with a 37% decrease in value year-over-year (YoY) noted. Cameroon holds the fifth spot, with a 79% decrease in value. Canada is holding the number one spot for...
Urner Barry Releases March Soy & Wheat Report
The 2022/23 U.S. wheat supply and demand outlook unchanged from February. The projected season-average farm price remains at $9.00 per bushel. The January 2023 farm price reported in the USDA, National Agricultural Statistics Service (NASS) Agricultural Prices publication was $8.82 per bushel, down from $8.98 in...
Urner Barry Releases March Pulse Protein Report
As of March 8, Ethiopia remains in the top spot of the dried pea export value chart, with a 47% decrease in value year-over-year (YoY) noted. Cameroon holds the fifth spot, with a 31% increase in value. Canada is holding the number one spot for dried lentils with a 6% decrease and...
Urner Barry Releases February Soy & Wheat Report
The potential for a smaller than anticipated Argentine soybean crop supports the U.S. soybean meal export program during the second part of the marketing year (MY), June 1-May 31. In the U.S., average soybean meal prices in Decatur, IL have risen by over $45.00 per ton in the past few months. As a result, the 2022/23 U.S. soybean meal price forecast is lifted to $450.00 per ton.
Urner Barry Releases February Pulse Protein Report
As of February 8, Ethiopia remains in the top spot of the dried pea export value chart, with a 94% increase in value year-over-year (YoY) noted. China still holds the fourth spot, with a 11% drop in value YoY. Canada is holding the number one spot for dried lentils with a 3% decrease and Sudan now holds the number two position with a sharp rise in value. Canada is holding the top spot for dried chickpea exports, with a 40% increase in value YoY. ...
Urner Barry Releases January Soy & Wheat Report
In the latest WASDE report, the USDA reported the 2022/23 U.S. wheat outlook in January is for increased supplies, larger domestic use, unchanged exports, and lower ending stocks. Supplies are raised on higher beginning stocks as reported in the National Agriculture Statistics Service (NASS) Grain Stocks report. Feed and residual use is increased 30 million bushels to 80 million bushels based on higher second-quarter implied disappearance based on the Grain Stocks report. The season-average farm price is ...
Urner Barry Releases January Pulse Protein Report
As of January 11, Ethiopia remains in the top spot of the dried pea export value chart. China still holds the fourth spot, with a 76% decrease in value year-over-year (YoY) noted. Canada is holding the number one spot for lentils with a 9% increase and Mexico is in the number two position with a 9% rise. Pakistan continues to hold the top spot for dried chickpea exports, with a 77% decline in value YoY.
The 2022/2023 (runs from September 2022–August 2023) dry bean marketing year is underway; with...
Urner Barry Releases December Soy & Wheat Report
In the latest WASDE report, the USDA stated the wheat outlook for 2022/23 is unchanged from November. There are offsetting changes for exports by-class with Hard Red Spring and White higher and Soft Red Winter lower.
In 2022/23, U.S. farmers are estimated to have produced a total of 1.65 billion bushels of winter, spring, and durum wheat from a harvested area of 35.5 million acres...
Urner Barry Releases December Pulse Protein Report
As of December 14, Ethiopia remains in the top spot of the dried pea export value chart. China still holds the fourth spot, with an 81% decrease in value year-over-year (YoY) noted. Spain is holding the third-place spot for lentils with a 13% increase and Peru still holds the fifth position. Pakistan continues to hold the top spot for dried chickpea exports this December, with an 79% decline in value YoY.
U.S. agricultural exports in fiscal year (FY) 2023 are projected at $190.0 billion, down...
Urner Barry Releases November Soy & Wheat Report
In the latest WASDE report, the USDA stated the outlook for 2022/23 wheat for November is stable supplies, increased domestic use, unchanged exports, and slightly lower ending stocks. Total domestic use is projected to be 5 million bushels higher at 1,093 million bushels as an increase in food use more than offsets a decrease in seed use.
Globally, the 2022/23 wheat outlook calls for increased supplies, consumption, trade and ending stocks this month. Supplies are projected up 1.3 million tons to...
Urner Barry Releases November Pulse Protein Report
As of October 12, Ethiopia remains in the top spot of the dried pea export value chart. China still holds the fourth spot, with an 86% decrease in value year-over-year (YOY) noted. Peru is maintaining the fifth-place spot for lentils, keeping India out of the top five countries in the export value chart. Pakistan continues to hold the top spot for dried chickpea exports this October, with an 84% decline in value YOY.
According to the Commerce Department, U.S. farm exports rose to a record $196.4 billion in fiscal year (FY)...
Urner Barry Releases October Soy & Wheat Report
In the latest WASDE report, the USDA stated the outlook for 2022/23 wheat for October is lower supplies, domestic use, exports, and stocks. This is due to reductions in both harvested area and yield, which lowered production by 133 million bushels to 1,650 million bushels, only minimally higher than last year. The season-average farm price is estimated at $9.20/bushel (bu), a $0.20 increase from last month.
Globally, the 2022/23 wheat outlook calls for reduced supplies, consumption, trade and ending stocks this month. Supplies were decreased by 1.9 million tons to...
Urner Barry Releases October Pulse Protein Report
As of October 12, Ethiopia remains in the top spot of the dried pea export value chart. China still holds the fourth spot, with an 88% decrease in value year-over-year (YOY) noted. Peru is maintaining the fifth-place spot for lentils, keeping India out of the top five countries in the export value chart. Pakistan continues to hold the top spot for dried chickpea exports this October, with an 83% decline in value YOY.
The USDA reported this past summer that the Saudi government lifted all COVID-19 restrictions allowing...
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