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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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West Africa’s Ambitious Corridor: Ecowas Strives for Greater Integration and Cocoa Prosperity · Regional Integration: A 1,028km highway from Abidjan to Lagos aims to strengthen Ecowas cohesion and reconnect West Africa’s economies. · Economic Corridor: Construction begins in 2026, backed by international funding. The multi-lane route will ease trad…
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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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