Organic Thanksgiving and Soybean Exports to Brazil
From the Ag Information Network, I’m Bob Larson with you
** The pandemic-related effects have transformed the supply and demand for timber, sending prices to record highs.
Analysts say wood production is slowing due to stay-at-home guidelines and social distancing affecting factories.
At the same time, more wood has been purchased for home improvement work and expansion projects.
The price of timber has fallen sharply since mid-September, but remains higher than the previous record set in 2018.
** Carrots, potatoes, lettuce, onions and tomatoes were among the top 10 categories by volume in the third quarter Organic Production Performance Report.
thepacker.com reports that when the weather is cold and food preparation turns to a more delicious meal, organic vegetables are likely to play an important role.
Thanksgiving has traditionally been a big event for certain organic produce items, but Brian Peixoto, sales manager of California-based Lakeside Organic Gardens, said it’s uncertain what conditions will be like this year because of COVID-19.
** The US grain export terminal near Baton Rouge, Louisiana, has loaded about 38,000 tonnes of US soybeans for shipment to Brazil.
That’s unusual, according to agweb.com, because Brazil is the world’s largest exporter of soybeans and hardly ever needs imports.
But this year, Brazilian farmers have sold large volumes to major importers of China, leaving little for domestic consumption and that has led to higher prices for Brazilian meat feeding and packaging operations, and contributed to food inflation.