The Daily Scoop
 
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October 12, 2022
 
 
 
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U.S. Ag Exports: Trade Deficit, Low Mississippi River Water Levels Add to Concern
 
The U.S. is projected to have record ag exports for the marketing year but is still posting a trade deficit. Plus, headwinds such as slow water levels on the Mississippi River are adding to trade concerns.
 
 
 
 
 
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Acquisition News: The Andersons Buys Two-Store Mote Farm Service

The Andersons is expanding its Indiana footprint.

 
 
 
 
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Fall Anhydrous Applications ‘Nearly Impossible’ to Seal

Moisture is needed to temporarily hold the ammonia so it can become attached to clay or organic matter in the soil. In addition, if dry soils are cloddy and do not seal properly, the ammonia can be lost.

 
 
 
 
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Viterra Completes Acquisition of Gavilon

Viterra—The Agriculture Network operates in more than 37 countries with 180+ storage facilities, 30+ processing facilities, 25 port terminals and transport assets and 17,000 employees.

 
 
 
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IMF Anticipates Global Inflation Will Peak in Late 2022

Global inflation will likely decrease to 6.5% in 2023 and to 4.1% by 2024, according to the International Monetary Fund (IMF) forecast.

 
 
 
 
 
 
 
 
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