vs : #soybeans Before 2000, U.S. soybean yields were higher than #Brazil's. They somewhat evened in the 2000s, but lately Brazil has had the edge. #USA soy harvested area is up about 20% from 2000, Brazil's is up 200%.
See the impact of the fake climate crisis on crop yields as they claim?
Of course not.
But I see the impact of the actual climate optimum (best weather/climate for growing crops in the last 1,000 years) and increasing beneficial gas, CO2!
#Mexico has scrapped the ban on GMO #corn for animal feed/industrial use that was due to start in January 2024, but it still plans to prohibit glyphosate and GMO corn for human consumption. The GMO ban would have hurt U.S. corn demand.
reuters.comMexico opens door for GM corn in animal feed, industrial use | Pictures | ReutersFILE PHOTO: A conveyor belt moves yellow corn imported from Brazil as it is unloaded from a ship at a warehouse in the port of Tuxpan, in Veracruz state, Mexico September 23, 2022. REUTERS/Yahir Cebal
#Corn planting in top state Mato Grosso is also slower than usual - 34% complete as of Friday vs 55% on same date last year and 42% avg - not alarmingly slow & similar to 2018. Still, will need to watch for the onset of dry season and potential crop impacts down the road.
I discussed this last week with the release of Dec 2022 Census Data. U.S. farm exports to #China hit a record $41B last year and China's share of U.S. farm exports was also record high at 19.2%. High prices certainly played a role.
#China finally fulfills the Phase 1 trade deal..... just two years too late?? U.S. ag exports to China reached a record $40.85B in 2022, up 14% on the year and up 70% from 2017. Phase 1 originally planned for the 2020 value ($28.8B) to approach $40B.
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USDA confirms the sale of 128,000 tonnes of U.S. #soybeans for delivery to unknown destinations in 2022/23. That follows Wednesday's announcement of 213,370 tonnes of #corn for delivery to #Mexico in 2022/23.
USDA confirms the sale of 120,800 tonnes of U.S. #corn for delivery to unknown destinations in 2022/23.