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Welcome to the CropGPT Podcast, your go-to resource for cutting-edge insights at the intersection of crop production, trading and artificial intelligence. Our fully AI podcast provides weekly updates and key data including weather analysis, crop analysis, market trends, and pricing - updated every week for every crop Each episode is a summary of all the key features Whether you're a producer, trader, or just passionate about crop data the CropGPT Podcast provides you with actionable intellig ...
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The weekly report on the global Coffee market for week 46. Brought to you by CropGPTAf HSAT
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The weekly report on the global Canola market for week 46. Brought to you by CropGPTAf HSAT
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The weekly report on the global Sugar market for week 45. Brought to you by CropGPTAf HSAT
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The weekly report on the global Cocoa market for week 45. Brought to you by CropGPTAf HSAT
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The weekly report on the global Canola market for week 45. Brought to you by CropGPTAf HSAT
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The weekly report on the global Maize market for week 45. Brought to you by CropGPTAf HSAT
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The weekly report on the global Soybeans market for week 45. Brought to you by CropGPTAf HSAT
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The weekly report on the global Wheat market for week 45. Brought to you by CropGPTAf HSAT
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Weekly Global Sugar Market Summary – November 3, 2024 Brazil: Brazil's central-south region saw a significant increase in sugarcane processing, with sugar production rising to 2.44 million tons and ethanol output reaching 2.01 billion liters in the first two weeks of October. This surge aligns with increased ethanol sales and the issuance of 33.76 …
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Weekly Global Soybeans Market Summary – November 3, 2024 Brazil: The Brazilian soybean market faces significant challenges due to prolonged irregular rainfall in the Midwest and Southeast. This disrupts planting schedules, increases disease risks, and rehydrates soils, potentially delaying Brazil's agricultural calendar. Despite these setbacks, Bra…
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Weekly Global Wheat Market Summary – November 3, 2024 Russia: Russia has significantly boosted its wheat exports to Indonesia, reaching 964 thousand tons, a 3.9-fold increase in value to $270 million. However, Russia remains the fifth-largest supplier to Indonesia. In contrast, Russian millet exports have sharply decreased, falling by 2.9 times to …
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Weekly Global Canola Market Summary – November 3, 2024 Canada: Canadian canola futures have risen significantly, with January futures climbing by CAD 7.50 per metric ton to CAD 647.20. This growth is driven by a more than 107% increase in crushing productivity over the past two decades, thanks to advancements in oilseed and grain milling technologi…
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Weekly Global Cocoa Market Summary – November 3, 2024 Ghana: Cocoa farmers in Ghana have raised concerns with the national regulator, Cocobod, about insufficient compensation and environmental issues despite a 45% price increase for the 2024-25 season. The price increase to 48,000 cedis per metric ton has not been sufficient to provide a living inc…
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Weekly Global Maize Market Summary – November 3, 2024 Azerbaijan: Maize imports from January to September 2024 totaled 63,946.49 tons, marking a 2.1% decrease from the previous year. However, the monetary value of these imports increased by 2.8%, reaching approximately 19.76 million dollars. While maize imports remain a small fraction of Azerbaijan…
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Weekly Global Canola Market Summary – October 26, 2024 Canada: Canola futures are climbing due to production uncertainties and heightened demand from China. The January Intercontinental Exchange contract has risen by about CAD 36 per tonne. Upcoming data from Statistics Canada may show yields falling below the 19.0 million tonnes estimate. Addition…
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Weekly Global Cocoa Market Summary – October 26, 2024 Malaysia: The Malaysian government is intensifying efforts to revive its cocoa production, aiming to reduce its dependence on annual imports of 530,000 metric tonnes, costing the country approximately 7.8 billion ringgit. Once a major producer with nearly 300,000 metric tonnes, Malaysia's produc…
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Weekly Global Sugar Market Summary – October 26, 2024 Brazil: Raizen, a leading player in Brazil's sugar and ethanol sector, reported strong performance in the second quarter of the 2425 crop season, crushing 32.9 million tonnes of sugarcane, resulting in sugar production ranging from 4.64 to 4.8 million tonnes. Despite a moderate decline in sugar …
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Weekly Global Wheat Market Summary – October 26, 2024 Pakistan: The Ministry of National Food Security and Research is urging the establishment of a new wheat support price and procurement targets to prevent a potential shortfall in production. The introduction of a new support price is critical to avoid reliance on costly wheat imports, which coul…
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Weekly Global Maize Market Summary – October 26, 2024 United States: Despite a reduction in planted area, the maize yield in the U.S. has increased to 183.8 bushels per acre in 2024, resulting in a total production of 386.1 million tons. However, competition from Brazil and Argentina, driven by high global wheat and oil prices, is affecting the U.S…
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Weekly Global Soybeans Market Summary – October 26, 2024 Brazil: Brazil is poised to maintain its strong position in the global soybean market with a projected yield of 153 million tons for the 2024 cycle, despite a reduction in monthly soybean processing. Export activities remain robust, with 97.8 million tons of soybeans being shipped out. Additi…
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Weekly Global Soybeans Market Summary – October 20, 2024 Brazil: Leading global soybean production, Brazil is on track for a 153 million ton yield by the end of the 2024 cycle. Though monthly processing rates have slowed, exports remain robust, with a total of 97.8 million tons in soybean exports. Exports of soybean meal and oil are also on the ris…
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Weekly Global Wheat Market Summary – October 20, 2024 India: Wheat farmers in Punjab are expressing strong dissatisfaction over the central government’s recent adjustment of the Minimum Support Price (MSP), which has been increased by ₹150 to ₹2,425 per quintal. Farmers argue that this increment does not adequately cover rising production costs due…
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Weekly Global Maize Market Summary – October 20, 2024 United States: Despite a decrease in planted area, U.S. maize yield achieved impressive resilience in 2024, reaching 183.8 bushels per acre, up from 177.3 bushels the previous year, with a total output of 386.1 million tons. Rising wheat and oil prices, along with competition from Brazil and Arg…
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Weekly Global Canola Market Summary – October 20, 2024 Ukraine: Farmers have shown strong engagement in the 2025 harvest season, dedicating approximately 3.8 million hectares to winter crops, with close to 1 million hectares specifically allocated to rapeseed across nine regions. Ternopil region has led the planting effort, covering 165.8 thousand …
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Weekly Global Cocoa Market Summary – October 20, 2024 Ivory Coast: Despite challenges in the 2023-2024 season due to adverse weather and plant diseases, Ivory Coast remains resilient as the world’s leading cocoa producer. For the 2024-2025 season, the country projects a robust output of around 2 million metric tonnes. However, excessive rainfall co…
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Weekly Global Sugar Market Summary – October 20, 2024 India: In Amroha, Uttar Pradesh, sugarcane crushing has started earlier than usual, though lower-than-expected sugar content has impacted jaggery production, leading producers to add sugar to maintain quality. Extraction rates currently yield 9 kg of jaggery per quintal of sugarcane, with jagger…
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Global Maize Market Weekly Summary: Key Highlights for October 13, 2024 United States: The U.S. has revised its corn production forecast upwards to 15.2 billion bushels, despite a 1% decrease from 2023 levels. Yields per acre are expected to increase, although the harvested area has declined. However, cash prices for corn have been on the decline, …
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Global Cocoa Market Weekly Summary: Key Highlights for October 13, 2024 Côte d'Ivoire: Côte d'Ivoire continues to dominate the global cocoa market, producing over 2 million tonnes of cocoa beans annually. The country is also expanding its cocoa processing capacity, with the Transcao plant aiming for a processing capacity of 190,000 tonnes by 2025. …
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Global Sugar Market Weekly Summary: Key Highlights for October 13, 2024 China: The USDA projects a 600,000-ton increase in China’s sugar production, totaling 11 million tons for the 2024-2025 fiscal year due to expanded cultivation areas. While production is strong, consumption is expected to reach 15.6 million tons. This demand growth may be tempe…
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Global Canola Market Weekly Summary: Key Highlights for October 13, 2024 Ukraine (Rapeseed Cultivation): Ukraine is progressing towards its 2025 winter crop targets, with approximately 986.4 thousand hectares of rapeseed sown across nine regions. The country is working toward a 3.8 million hectare goal, with Ternopil leading at 165.8 thousand hecta…
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Global Soybeans Market Weekly Summary: Key Highlights for October 13, 2024 United States: The U.S. soybean market is experiencing a decline, with futures down by 21 to 30 cents, cash prices at $9.49, soy meal prices dropping by $2.10 per ton, and soy oil futures down by 175 points. Despite these declines, a recent private sale of 166,000 metric ton…
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Global Wheat Market Weekly Summary: Key Highlights for October 13, 2024 Russia: Russia's wheat sector continues to perform strongly despite challenges. Winter wheat planting is on track, covering 14.4 million hectares, and the Deputy Minister of Agriculture, Andrey Razin, aims to reach a target of 20 million hectares. This year’s harvest yielded 12…
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Global Canola Market Weekly Summary: Key Highlights for October 6, 2024 Canada's Canola Outlook: The Ministry of Agriculture of Canada has slightly revised the 2024/25 canola production forecast to 19 million tons, a slight decrease from the previous season's 19.2 million tons. Domestic consumption expectations have risen, with a forecast increase …
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Global Soybeans Market Weekly Summary: Key Highlights for October 5, 2024 Austria: Soybean crop health in the Niederösterreich and Burgenland regions is showing significant concerns, with Normalized Difference Vegetation Index (NDVI) indicators deviating notably from long-term averages. This points to potential yield decreases, particularly in Nied…
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Global Maize Market Weekly Summary: Key Highlights for October 5, 2024 Brazil: Key maize-producing regions in Brazil are facing challenges, as the Normalized Difference Vegetation Index (NDVI) indicates declining vegetation health, suggesting potential yield reductions. Regions like Rio Grande do Sul and Mato Grosso are particularly impacted, with …
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Global Cocoa Market Weekly Summary: Key Highlights for October 5, 2024 Ghana’s Cocoa Industry Challenges: Ghana, once a leader in cocoa production, is facing significant challenges that could undermine its position in the global market. Climate change is altering rainfall patterns, reducing cocoa arable land, and impacting yields. Additionally, the…
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Global Wheat Market Weekly Summary: Key Highlights for October 5, 2024 Russia (Wheat Sector): Russia’s wheat sector faces significant challenges, marked by production and export fluctuations. Production Challenges: Climate-induced weather irregularities, such as a dry autumn, earlier summer droughts, and May frosts, are threatening winter crop pros…
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Global Sugar Market Weekly Summary: Key Highlights for October 5, 2024 Brazil (Center-South Region): Sugarcane crushing for the first half of September reached approximately 43 million tons, marking a 2.46% increase from last year. Cumulative figures for the 2024-2025 harvest stand at 466.26 million tons. The recoverable sugars (ATR) for this perio…
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Global Wheat Market Weekly Summary: Key Highlights for September 29, 2024 Russia: The country is facing a severe drought impacting winter wheat sowing, with planting rates at an 11-year low in key regions like Volgograd and Saratov. As a result, Sovecon has revised its wheat crop forecast to 81.8 million metric tons, a sharp drop from last year's 1…
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Global Canola Market Weekly Summary: Key Highlights for September 29, 2024 Germany (Baden-Württemberg): The winter rapeseed yield in Fellbach has experienced a notable decline this year, with a harvest volume of 192,000 tons, marking a 10% decrease from the previous year’s 212,500 tons. Despite this drop, the cultivation area remains significant at…
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Global Sugar Market Weekly Summary: Key Highlights for September 29, 2024 India: Despite challenges from droughts in the southern regions, India's sugarcane production for the 2023-24 season remains strong at 4532 lakh metric tons. However, for the 2024-25 season, industry bodies recommend reducing the sugar quota for October 2024 to address unsold…
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Global Cocoa Market Weekly Summary: Key Highlights for September 29, 2024 Ivory Coast: As the world’s leading cocoa producer, Ivory Coast is raising farmgate prices to $3,400 per ton due to a shortfall in harvests, influenced by climate challenges such as flooding and diseases. Despite cocoa futures reaching highs of over $11,000 per ton, recent co…
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Global Maize Market Weekly Summary: Key Highlights for September 29, 2024 Brazil: Corn prices are trending upward, with averages around R$ 59.90 per bag in Rio Grande do Sul. However, exports have declined sharply, down 28.4% from last year, totaling 4.7 million tons in the first half of September. This reduction is part of a broader decline in Bra…
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Global Soybeans Market Weekly Summary: Key Highlights for September 29, 2024 Brazil: Soybean planting for the 2024/25 cycle is facing significant delays due to ongoing dry conditions, with only 1.9% of the planned area planted as of late September. This compares to 3.8% last year and a five-year average of 2.7%. Major producing regions like Paraná,…
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In this episode, we analyze the impact of global events on the food market using CropGPT's insights. Key highlights include: Canola: Ongoing trade tensions between Canada and China, with allegations of dumping by Canada. Potential shift in supply as Australia may become China's main canola supplier. Corn: Brazil is expecting a bumper crop, potentia…
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Global Coffee Market Highlights Colombia: Guaranteed coffee purchasing by National Coffee Federation; pricing based on NYSE, exchange rates, and quality standards. Brazil: $2.5 billion investment from Luckin Coffee; robusta prices surpass arabica due to shortages and erratic weather. Global Trends: Extreme weather impacts coffee prices; new EU regu…
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Global Canola Market Highlights Canada-China Tensions: China investigates Canadian canola amid trade disputes, threatening Canadian exports and economic stability. Russia: Expanding canola cultivation and exports, with new sowing projects and strategies to counter export duties. Australia: Drop in exports to China, but potential recovery if China r…
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Global Palm Market Highlights Indonesia: Export decline due to biodiesel policies; new export levy introduced; mandate increase to 40% in 2025. Malaysia: Facing competition and higher Indian import taxes; focusing on sustainability and boosting productivity. India: Raised palm oil import taxes; shifting demand to soybean and sunflower oils. Global:…
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Global Maize Market Highlights Brazil: Corn yield projected at 133.6 million tons due to favorable rains; rapid sowing in Rio Grande do Sul. Pest risks like corn leafhopper persist. Prices stable but exports down 28.7%. Potential growth in corn ethanol production. United States: Production up to 385.73 million tons despite reduced acreage; 65% of c…
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Global Sunflower Market Highlights Ukraine: 1.389 million tons harvested; yields strong in some regions, but 2024/2025 production expected to drop up to 21.6%. Sunflower Prices: Rising as farmers delay sales; increased processing demand compressing margins. Russia: Prices spike due to drought; high sunflower quality but poor soybean protein levels.…
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