🎶 Don’t worry, about a thing! In today's edition, as the winds of change blow through the political landscape, let's dive into the latest developments shaping our world.

— TDY team

Market pulse

🌱 Could $15 Soybeans be on the Horizon?

Soybeans hitting $15 per bushel sounds exciting, but it might be as likely as a cow winning the Kentucky Derby. The market is buzzing thanks to a supply squeeze, with China taking a backseat on purchases while other buyers step in, tightening U.S. stockpiles. Add in the ongoing tariff tango between the U.S. and China, and you’ve got a recipe for unpredictable price swings. 

While some analysts see $15 soybeans as a real possibility, others warn that trade drama, shifting demand, and Mother Nature will ultimately decide. It’s not impossible, but don’t bet the farm on it just yet!

• 🌽 Corn (May 2025): Closed at $4.69¼ per bushel, up 5¼ cents.

• 🌱 Soybeans (May 2025): Ended at $10.25 per bushel, down 2¼ cents.

• 🌾 Wheat (May 2025): Settled at $5.51¼ per bushel, down 2¾ cents.

• 🛢️Canola (May 2025): Closed at $645.00 per metric ton, up $10.40 (1.64%).

• 🐮 Live Cattle (April 2025): Finished at $200.27 per cwt, up $4.00.  

• 🛢️ Crude Oil (April 2025): Ended at $67.04 per barrel, up 68 cents.  

• 🥇 Gold (April 2025): Settled at $2,917.40 per ounce, down $9.20.  

Industry

🚛 Prairie Producers Rejoice! Manitoba and Saskatchewan Team Up for Port Project

In a move that has prairie dogs and producers alike buzzing with excitement, Manitoba and Saskatchewan have joined forces to develop a new port facility. This collaboration aims to streamline export processes for prairie producers, potentially opening up new markets and reducing transportation bottlenecks.

The Arctic Gateway Group, based in Manitoba, has partnered with Saskatchewan’s Genesis Fertilizer to revitalize the Port of Churchill. This northern port, often dubbed the “Gateway to the Arctic,” is set to become a bustling hub for shipping materials to market.

For prairie producers, this partnership is like finding the golden ticket in a canola field. Producers will have the ability to ship their goods more efficiently and cost-effectively. This means less time worrying about logistics and more time focusing on what they do best: feeding the world.

AgTech 

🤖 Avalo’s AI-Powered Crops: A Sweeter Future?

In a world where artificial intelligence can compose symphonies and predict your next online purchase, it’s now turning its attention to… plants. Yes, folks, AI is rolling up its digital sleeves to tackle the wild world of agriculture. Enter Avalo, a North Carolina-based startup that’s just bagged a cool $11 million in Series A funding to develop climate-resilient crops. Because if there’s one thing we need, it’s crops that can survive both droughts and our collective ignorance about climate change.

Avalo isn’t just stopping at raising millions; they’ve partnered with Coca-Cola Europacific Partners (CCEP) to revolutionize sugarcane production. That’s right—the company that brought you the iconic soda is now investing in sustainable sugarcane. Because nothing says “we care about the environment” like tackling the sugar supply chain.

So, how does Avalo plan to achieve this agricultural utopia? By using AI to identify genes responsible for key traits in crops, making them more resilient to climate challenges. Think of it as matchmaking for plants, but instead of candlelit dinners, it’s complex algorithms and genetic data. The goal is to create sugarcane that requires less water and fertilizer, thereby reducing environmental impact.    

The Big Idea…

Avalo’s ambitions don’t stop at making hardier plants; they’re also eyeing environmental conservation. Runoff from nitrogen fertilizers used in sugarcane farming has been linked to damage to the Great Barrier Reef. By developing sugarcane varieties that require less fertilizer, Avalo hopes to mitigate this issue. It’s like killing two birds with one stone, but in a more eco-friendly, PETA-approved way.

Industry

🌾 WASDE: The Good, the Bad, and the Bushels

The USDA just dropped the latest World Agricultural Supply and Demand Estimates (WASDE) report. Let’s dig into the dirt, shall we?

Our beloved corn decided to play it safe this month, with ending stocks sticking at 1.540 billion bushels—no changes here, folks. The national yield remains a solid 179.3 bushels per acre, and the farmgate price is holding steady at $4.35 per bushel. Corn looked at change and said, “Not today, buddy.”  

Soybeans took a break from their usual theatrics. Ending stocks are chilling at 380 million bushels, unchanged from last month. The national average farmgate price did take a tiny tumble, dropping 15 cents to $9.95 per bushel. Looks like soybeans are on a budget this season. 

Wheat couldn’t resist hogging the spotlight. Ending stocks jumped to 819 million bushels, up from February’s 794 million. Why the gain? Lower exports and higher imports—wheat’s been hitting the international buffet a bit too hard. Time to lay off the croissants, buddy.  

On the world stage, corn and soybean stocks took a slight dip, while wheat stocks puffed up a bit. Brazil and Argentina’s production numbers stayed as is, proving that sometimes, no news is good news. 

Traders barely batted an eye at the report. Corn and soybean futures wiggled just a smidge, while wheat futures took a minor slide. It’s as if the markets collectively shrugged and went back to their coffee. 

Ag-bite bulletin

🥩 Australian Red Meat Exports Boost Agriculture: Australia’s agricultural sector is projected to reach a $91 billion valuation, driven by strong red meat exports and a significant national winter crop yield. The U.S., facing a drought-induced cattle shortage, remains a major importer of Australian red meat. [read more]

📈 DOJ Investigates Soaring Egg Prices: The U.S. Department of Justice is examining the causes behind surging egg prices & investigating potential price manipulation by producers. [read more]

⚪️ What is Potash and Why is the U.S. Dependent on Canada for it? Canadian potash imports, a critical component in agricultural fertilizers. [read more]

🌽 From Seed to Success: Drought-proofing strategies for the 2025 corn harvest. [read more]

🚜 Massey Ferguson: New compact tractor. [read more]

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Tractor thoughts

As technology advances, future robots will be programmed exclusively for right handed operation. source