@kannbwx

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Dec 23

Money managers' net short in CBOT #wheat fell to 59.3k f&o contracts from 63k a week earlier, driven mostly by their first short covering round in 11 wks. Funds are on the brink of a net short in KC wheat w/ a net long just 1.2k as of Dec. 20. They've been bullish since Sep 2020.

@kannbwx

While some countries are trying to reduce usage of genetically modified crops, #India is looking to expand the technology across 13 of its crops to ensure food security and cut reliance on imports. #Cotton is the only GM crop currently in India.

yahoo.comIndia 'deeply engaged' in developing GM seeds for 13 cropsIndian institutions are "deeply engaged" in the development Of genetically modified seeds for 13 crops, including rice, wheat and sugarcane to improve their yield and quality, the government said on...

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Karen Braun@kannbwx

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Dec 23

#India has 1.4B people and is set to overtake China next year as world's most populous. India on Friday announced a year-long program costing 2T rupees ($24.16B) to provide food grains to the poor for free.

Karen Braun@kannbwx

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Dec 22

Throwback time... who remembers this one? This is to help physically picture the volume of #soybeans heading to top buyer #China each year. In it's record season 2020/21, China effectively ordered 200M hot tubs full of beans. But sadly, without the actual hot tubs.

Karen Braun@kannbwx

Dec 22

#Drought has eased in the last two months in parts of the Midwest & Mid-South but has distinctly worsened in #wheat-heavy western Kansas. 49% of the USA is covered by drought this week - the least since Sept. That's down from 59% both 1 & 2 months ago. Peak was 63% in late Oct.