Showing posts sorted by date for query corn. Sort by relevance Show all posts
Showing posts sorted by date for query corn. Sort by relevance Show all posts

Tuesday, June 9, 2026

"China's role in US agriculture isn't what it used to be"

And if the latest work from Chinese plant geneticists is any indication, it never will be again.*

From Reuters: 

NAPERVILLE, Illinois, June 9 (Reuters) - The prospect of renewed Chinese interest in U.S. farm goods sparked excitement across grain markets last month, but enthusiasm has faded with no purchases immediately materializing.
 
The initial bullish reaction wasn’t surprising. China has dominated growth in U.S. agriculture, helping drive record soybean exports, supporting grain prices and emerging as a major buyer of everything ​from corn to beef.
 
Last month's trade agreement, which included at least $17 billion in U.S. agricultural purchases beyond existing soybean deals, revived hopes that China could again become a leading driver of growth for American ‌farm exports.
 
But years of trade tensions and South America's rise have changed the dynamic. China remains enormously important to U.S. agriculture, though its role now varies by commodity.

SOYBEANS: CHINA LEFT THE U.S., NOT THE MARKET

China's dependence on U.S. soybeans has fallen dramatically in recent years, though its influence over the global soybean market has not. The Asian buyer’s share of global imports has remained relatively steady around 60% for nearly two decades.
 
Chinese purchases of U.S. soybeans have sharply declined from the record levels seen earlier this decade as Brazil expanded production and exports. U.S. ​soybean export volume to China for the 2025/26 season, which ends on August 31, is set to fall almost 50% on the year to a 19-year low, according to the U.S. Department of Agriculture.
 
But by the end of May, China ​had secured more than 90% of its 2025/26 needs, according to industry estimates, on par with last year’s pace thanks to a notable boost in South American purchases.
 
Recent trade ⁠deals suggest that U.S. soybean exports to China could double in 2026/27, but the overall picture is less rosy....
....MUCH MORE including some handy charts and graphs: 
https://fingfx.thomsonreuters.com/gfx/breakingviews/dwvkyoqgnvm/Money%20managers'%20net%20position%20in%20U.S.%20grain%20and%20oilseed%20futures%20and%20options.png 
*June 4 - "Researchers May Put A Big Dent In China's Need To Import Plant Proteins"

Monday, June 8, 2026

"Coming El Niño will be the strongest ever recorded, new forecast predicts"

From LiveScience, June 5:

A June update by the European Centre for Medium-Range Weather Forecasts suggests that the coming weather event will be the strongest ever measured. 

This year's brewing El Niño will likely become the strongest ever recorded, a new forecast warns.

New predictions by the European Centre for Medium-Range Weather Forecasts (ECMWF) suggest sea surface temperatures in a key region of the central equatorial Pacific Ocean will climb 5.4 degrees Fahrenheit (3 degrees Celsius) above average by December of this year, with some scenarios showing they could go above 7.2 F (4 C).

The ECMWF has one of the better computer models for forecasting hurricanes. We'll see how it does with ENSO.

For comparison here is the prediction plume of statistical and dynamic computer models from IRI/Columbia last month:

El Niño: Columbia/IRI ENSO Forecast May 2026 Quick Look

The three sources we rely on for ENSO news are Australia's Bureau of Meteorology, Japan's "Japan Agency for Marine-Earth Science and Technology" (JAMSTEC) and Columbia/IRI.

JAMSTEC defined the modoki flavor of El Niño which arises in the central rather than the eastern Pacific with the Japanese word meaning "similar but different", handy for dropping casually into conversation at the Thursday afternoon salon. 

First, a note on terminology for normal people who don't obsess about this stuff:

  • ENSO = the El Niño/Southern Oscillation
  • ENSO Neutral = the ocean surface temperature anomaly in the ENSO 3.4 region is between +0.5°C and -0.5°C.
  • El Niño/La Niña conditions exist when the anomaly is greater than (Niño) or less than (Niña) the half-degree cut-off for neutral.
  • A full blown El Niño/La Niña is declared when the conditions persist for three overlapping three-month periods i.e. five consecutive months.

From Columbia University/International Research Institute for Climate and Society, May 19:

Published: May 19, 2026

A monthly summary of the status of El Niño, La Niña, and the Southern Oscillation, or ENSO, based on the NINO3.4 index (120-170W, 5S-5N)

As of mid-May 2026, the equatorial Pacific is rapidly transitioning into El Niño conditions. While monthly SST anomalies remain near the borderline El Niño threshold, weekly values have surged well above it, with the last three weekly pentads firmly reaching +0.9 °C in the Niño3.4 region. This sharp warming strongly indicates that the currently near neutral seasonal averages will rise substantially in the coming months, marking a clear shift from ENSO neutral to El Niño conditions. The latest CCSR/IRI ENSO plume forecast further supports this evolution, assigning a 98% probability to El Niño during May–July 2026 compared to only 2% for continued neutrality. El Niño conditions are then likely to persist through the remainder of 2026, with forecast probabilities consistently maintained within a remarkably high and narrow 97–98% range....

....MUCH MORE 

One of the many charts and graphs, the plume of predictions, both statistical and dynamical:

https://ensoforecast.iri.columbia.edu/cgi-bin/sst_table_img?month=4&year=2026 

Though the two averages (thick lines) are quite high, the outliers, above 2.5°C anomaly and even a few forecasting a +3.0°C anomaly are among the highest in years.

Finally, although all three sites are excellent, and NOAA in the U.S. is the go-to for many who are attempting the dark arts of layering one complex/chaotic system, financial markets, on top of another complex/chaotic system ENSO/weather, it is only with JAMSTEC that you also get the:

Institute for Extra-cutting-edge Science and Technology Avant-garde Research of Life (X-star)


Finally as noted introducing an earlier post:
May 14, 2026 
Drought:Intensifying, Spreading Across The U.S.

This is the first time this year we've posted the Drought Monitor map.

There seems to be an El Niño developing off the coast of South America which would mitigate some of the dryness in the southern and central U.S. Meaning that as all around you are losing their heads shouting "drought, drought" there would be wetter weather just over the horizon which would ruin any long futures one had on corn, beans or wheat.

However! If the arrival of the moisture is delayed much past July 1 it could be just awful for the farmers. So this is a heads-up but not actionable. Yet.

Layering one complex/chaotic system, financial derivatives, on top of another complex/chaotic system, weather can get interesting in ways even the best supercomputers haven't quite figured out.

From the University of Nebraska-Lincoln, May 14 (data through May 12):

This Week's Drought Summary...

Thursday, June 4, 2026

Researchers May Put A Big Dent In China's Need To Import Plant Proteins

Dent is a type of field corn. A long way for a not-very-good play on words 

First up, from Xinhua via People's Daily, June 4:

Chinese scientists develop high protein maize in animal feed quest 

Chinese scientists have identified two key genes for high protein content in maize and have managed to develop high protein varieties, offering a promising solution to China's animal feed protein shortage.

Maize is China's largest grain in terms of production volume, however, its protein content is generally low, only about 8 percent, leading to a heavy dependence on imported soybean meal as a protein source for livestock, according to Wu Yongrui, deputy director of the Center for Excellence in Molecular Plant Sciences (CEMPS) of the Chinese Academy of Sciences (CAS).

In 2025, China's soybean imports exceeded 100 million tonnes. Raising maize protein content by just one percentage point would be equivalent to the protein contained in approximately 8 million tonnes of imported soybeans, Wu said.

Therefore, developing high protein maize to replace imported soybean meal in feed is a promising tactic in seeking to address the country's feed protein shortfall. Yet, for a long time, breeding efforts had lacked access to superior high protein genes, Wu noted.

Research has found that wild maize contains protein levels as high as 30 percent, but after over 9,000 years of domestication and modern breeding, most of these genes have been "lost" in contemporary varieties due to the absence of targeted selection for protein content, Wu explained.

In 2022, a research team led by Wu identified the first high protein gene, THP9-T, from wild maize, achieving a preliminary boost in protein content for major domestic maize cultivars. However, further breakthroughs in maize protein content remained a significant challenge.

Through persistent efforts, the team successfully identified a second high protein gene, THP3-T. Multi-year, multi-location field trials demonstrated that this gene can increase kernel protein content from 10 percent to over 13 percent in inbred lines without compromising yield, while also enhancing whole-plant protein content and enabling the maize to grow well and remain protein-rich with less fertilizer, Wu said.

Further research revealed that combining THP3-T and THP9-T produces an unprecedented synergistic effect, raising kernel protein content in inbred lines from 10 percent to 15 percent -- far exceeding the impact of either gene alone.

"The research not only discovered the 'key puzzle piece' for high protein maize breeding but also offers new possibilities for quality improvement and precise genetic enhancement of modern maize," Wu said.

The team has employed marker-assisted breeding technology to precisely improve over 80 parental lines of major maize cultivars in China, raising their protein content to more than 14 percent.

The team also successfully increased the kernel protein content of Zhengdan958, China's most widely cultivated maize hybrid, from 8.5 percent to over 12 percent.

Wu said that China produces approximately 300 million tonnes of maize annually. If the protein content of maize used for feed nationwide were raised by four percentage points to more than 12 percent, the total added protein would be equivalent to over 30 million tonnes of imported soybeans, which is roughly 30 percent of current soybean imports....

....MUCH MORE 

From the Chinese Academy of Sciences, June 4:

CAS in Media
Chinese Scientists Develop High Protein Maize in Animal Feed Quest 

And at the journal Nature:

June 3 -  A discarded allele boosts protein

And -  Teosinte alleles enhance nitrogen assimilation and seed protein in maize

Friday, May 15, 2026

Agriculture: "Monsoon rains to hit southern Indian coast early, spurring crop planting"

It is hard/impossible to overstate just how important* the monsoon is.

From Reuters, May 15: 

Monsoon rains are expected to hit India's ‌southern coast on May 26, six days earlier than usual, the state-run weather office said on Friday, spurring hopes ​among farmers of early planting of crops ​such as rice, corn, soybean and sugarcane.
 
The ⁠monsoon is likely to set in over ​the southern state of Kerala on May 26, ​with a margin of error of four days, the India Meteorological Department said in a statement.
 
Typically, the monsoon ends ​across the country by mid-September and always ​begins in Kerala.
 
The monsoon is essential to India's nearly $4 trillion ‌economy, ⁠delivering almost 70% of the rainfall needed to water farms and replenish aquifers and reservoirs....
....MORE 
 *How important? June 2018:
India to Build Supercomputer To Better Forecast Monsoon
Complex chaotic systems are some of the toughest things for the human mind to understand and one of the biggest challenges for model makers. (another of the big challenges is model makers recognizing their own biases)

On a related subject, the current trend in supercomputer construction is to use a combination of CPUs and GPUs connected by superfast links which puts the Graphics Processing Unit manufacturers such as NVIDIA in an enviable position. Both the planned-to-be-fastest-in-the-world 'puter at Oak Ridge and the current 2nd fastest at ORNL use this approach as does the just upgraded Swiss machine (7th fastest)....
Also July 2009's "Naked girls and gold demand". 
A failure of the rainy phase of the monsoon cycle combined with crop failures in any one of the world's breadbaskets, Australia, Brazil, Canada, USA, Ukraine would lead to higher prices if it lasted one year, malnutrition if the combination lasted two years and outright starvation if it got to three growing seasons. 

On the other hand a rainy season that is too intense can kill thousands/tens of thousands across south Asia.

Ditto for the breadbaskets. From May 2019:

One of the Scariest Sentences In the English Language: Crop Progress Report Edition

The weekly crop progress report was released yesterday but first a quick diversion:
In the spring of 1315, unusually heavy rain began in much of Europe. 
The story continues:
Throughout the spring and summer, it continued to rain and the temperature remained cool. These conditions caused widespread crop failures. The straw and hay for the animals could not be cured and there was no fodder for the livestock. The price of food began to rise. Food prices in England doubled between spring and midsummer. Salt, the only way to cure and preserve meat, was difficult to obtain because it could not be evaporated in the wet weather; it went from 30 shillings to 40 shillings. 
Some of the headlines introducing yesterday's USDA report:
Spring field work continues to be hampered by cold, wet conditions
Corn planting is behind schedule in Minnesota, again
More rain to target flood-weary US Heartland this week, further delaying planting 
Ohio Crop Progress: Rain continued to stall planting
Trump tweet may play to quick-growing corn switch as rain persists

I am so torn on this stuff.
The world can handle one year of crop failures in two of the major growing regions, think Ukraine, western Russia, U.S. Midwest, northeast China, Brazil, Australia.
If it stretches to two years in two regions simultaneously it's time to start thinking famine.
And famine is profitable for everyone but the people who need to eat.

Back to the Wikipedia entry:
...The famine caused millions of deaths over an extended number of years and marked a clear end to the period of growth and prosperity from the 11th to the 13th centuries.

The Great Famine started with bad weather in spring 1315. Crop failures lasted through 1316 until the summer harvest in 1317, and Europe did not fully recover until 1322. The period was marked by extreme levels of crime, disease, mass death, and even cannibalism and infanticide. The crisis had consequences for the Church, state, European society, and for future calamities to follow in the 14th century....

Thursday, May 14, 2026

Drought:Intensifying, Spreading Across The U.S.

This is the first time this year we've posted the Drought Monitor map.

There seems to be an El Niño developing off the coast of South America which would mitigate some of the dryness in the southern and central U.S. Meaning that as all around you are losing their heads shouting "drought, drought" there would be wetter weather just over the horizon which would ruin any long futures one had on corn, beans or wheat.

However! If the arrival of the moisture is delayed much past July 1 it could be just awful for the farmers. So this is a heads-up but not actionable. Yet.

Layering one complex/chaotic system, financial derivatives, on top of another complex/chaotic system, weather can get interesting in ways even the best supercomputers haven't quite figured out.

From the University of Nebraska-Lincoln, May 14 (data through May 12):

This Week's Drought Summary

This week was defined by a significant precipitation divide, highlighted by a major deluge across parts of the South and Gulf Coast. Persistent storm systems funneled heavy moisture into Louisiana, Mississippi, and Alabama, where total rainfall reached 4 to 6 inches—and in some coastal pockets even higher—representing departures of 3 to 5 inches above seasonal norms. While an active frontal corridor brought a secondary band of moderate rain (1 to 3 inches) from Texas through the Ohio Valley and into the Northeast, the Western U.S. remained exceptionally dry, with most areas west of the Rockies receiving less than 0.1 inch of rain. This lack of moisture, paired with blustery winds, triggered extreme fire danger across the Upper Missouri Valley, though the period concluded with a pattern shift as a significant Pacific low-pressure system finally moved onshore to deliver moisture to the Northwest.

Temperature patterns showed an equally sharp geographical split, with unseasonable warmth gripping the West and parts of the South while a late-spring chill lingered over the North. In the Southwest and South Texas, summer-like heat took a firm hold as Rio Grande Village, Texas, hit a national high of 105°F and Death Valley consistently reached the triple digits; overall, the Western U.S. averaged 5 to 15°F above normal. Conversely, a significant cool-down settled over the Northern Plains and Upper Midwest, where the Dakotas and Minnesota experienced temperatures 5 to 15°F below seasonal averages. This thermal contrast was further sharpened by winter-like conditions in high-elevation regions of the West, where stations in Utah recorded lows as cold as 10°F, even as record-challenging warmth began to expand across the Pacific Northwest and the Southern Border states.

Northeast

The Northeast region experienced a pronounced late-spring chill coupled with a sharp geographical divide in precipitation. Average temperatures ranged from 39°F–48°F in northern portions of the region to 60°F–66°F in parts of Maryland and Delaware. Temperatures were below normal across nearly the entire region, with the most significant cold anomalies concentrated in New York and Pennsylvania; in these areas, departures reached 6°F to over 10°F below average. Precipitation patterns were equally divergent, featuring a surplus in the north and west but deficits in the south. Heavy moisture was concentrated in Western New York, Northwestern Pennsylvania, and much of Maine, where precipitation amounts ranged from 0.45 to 1.8 inches above normal. Moderate (D1) to severe (D2) drought, along with abnormal dryness (D0) were improved in Maine. Conversely, rainfall totals were below-normal across southern portions of the region, with precipitation deficits generally falling between 0.45 and 1.35 inches below normal. Severe (D2) drought was expanded in northern Massachusetts, Delaware, and southern portions of Pennsylvania, New Jersey and West Virginia, while moderate (D1) drought was expanded in Massachusetts, Rhode Island, Connecticut and southern Pennsylvania this week.

Southeast

Much of the Southeast experienced below-normal temperatures this week, where temperatures were 5°F to 10°F below normal. Florida, Georgia, and parts of Alabama and South Carolina were the exception, where averages were in the 80s—up to 10 degrees above normal. Exceptional precipitation totals (1.5 to 3.0 inches) were recorded across much of Alabama, and portions of Georgia and the Florida Panhandle. Localized accumulations in these areas reached 4 to over 7 inches, representing significant departures of 3 to 6 inches above normal. Weekly rainfall totals of 1.5 to 3.0 inches extended from southern Appalachian region to south-central North Carolina. Exceptional (D4) drought was removed from south-central North Carolina and northeast Georgia, and improved in the Florida Panhandle. Extreme (D3) drought improved across parts of northern Florida, Alabama, Georgia, and the Carolinas. Rainfall totals were below normal from northern portions of North Carolina, Virginia, and much of the Florida Peninsula, observing deficits of 0.5 to 1.5 inches. Extreme (D3) drought was expanded in central and southern portions of Virginia and slightly into a northern pocket of North Carolina, while moderate (D1) drought to extreme (D3) drought were expanded in southeast Florida.

South

The Southern region experienced a stark contrast in both precipitation and temperature during the week, defined by torrential Gulf Coast rains and a significant late-spring chill across the interior. Precipitation was most intense across the central Gulf Coast, particularly in Louisiana and southern Mississippi, where weekly totals reached 7 to over 9 inches. These amounts represent exceptional departures of 6 to 7.5 inches above normal. Moderate (D1) to Exceptional (D4) drought was reduced in southern and eastern portions of Texas, and in parts of Louisiana, Mississippi, and southern Tennessee. Abnormal dryness (D0) was improved in parts of Texas and southern Louisiana. Conversely, drier conditions prevailed in West Texas, Oklahoma, and much of the Tennessee Valley, where precipitation was generally 1.5 to 3 inches below average. Exceptional (D4) was introduced in southwest Oklahoma and from the Texas Panhandle into northwest Oklahoma, and expanded in parts of Arkansas and northern Mississippi. Extreme (D3) expanded in northern portions of Texas and western Oklahoma. Heat persisted in southern Texas, where average temperatures reached the 80s and 90s, representing departures of up to 5°F above normal. However, a powerful cold anomaly gripped the northern, eastern, and central portions of the region. In these areas, temperatures were broadly 5 to 10°F below normal for the week.

Midwest

The Midwest region experienced a widespread late-spring chill and a stark contrast in moisture levels between the north and south. Temperatures were broadly below average across the entire region, with the vast majority of the Midwest observing departures of 5 to 10°F below normal. Average temperatures ranged from a cool 30–40°F along the northern border of Minnesota and Wisconsin to the more seasonable 60–70°F in the southern reaches of Missouri and Kentucky. Precipitation was notably sparse across the northern half of the region, including Minnesota, Wisconsin, Iowa, and Michigan, where totals remained under 0.1 inches, resulting in departures of 0.5 to 1.5 inches below normal. In contrast, the southern tier—particularly across parts of Kentucky, southern Missouri, and the Ohio Valley—saw more active weather with precipitation totals ranging from 1.5 to over 3 inches, leading to surpluses of 0.5 to 1.5 inches and resulting in the reduction of severe (D2) and extreme (D3) drought in western parts of Kentucky. However, moderate (D1) to extreme (D3) drought was expanded in portions of central and eastern Kentucky, where rainfall amounts were below normal. Abnormal dryness (D0) was also expanded in parts of Minnesota, western Iowa, southern Missouri, and in pockets of Indiana and Ohio....

High Plains

....MUCH MORE 

https://droughtmonitor.unl.edu/data/png/current/current_usdm.png 

Saturday, May 2, 2026

"The Origin of Our Species: How Grains and Grasses Fed (and Still Feed) Humankind"

From Literary Hub, March 25:

David George Haskell In Praise of a Versatile, Life-Giving Plant 

As I walk through the broomsedge in June, dozens of grasshoppers clatter away with every footstep. Bees and wasps wing past, leafhoppers spring, and beetles scurry for cover. This productivity is why so many birds depend on grasslands for their breeding or wintering. Grasslands, especially those in humid areas with good soil, provision their local food webs as richly as do forests.

Grasses also build soil. Their leaves send about two thirds of all the food they make to the underworld. There, roots tunnel many meters down. As they grow, they break up clay and rock, exude sugars and other molecules, and interweave their cells with fungi. When the roots die, they add spongy organic matter to the soil. This soil‑building process is so productive that it lifts the ground. When a degraded grassland returns to health, the ground heaves up, as if inhaling with relief. In old grasslands, the soil can be rich with organic matter to a depth of several meters. When prairie goes under the plow, most of the organic matter disappears, turning living water‑holding, nutrient‑rich soil into mineral dust. Today, despite widespread degradation of grasslands, one third of all carbon stored on land is still locked up in grassland soils.

As fellow volunteers, the staff of Birds Georgia and I sow grass seed, we enact the grassland ethos: Build community, one species helping another. Grasses are creators. They use cooperative partnerships to build their homes, places that, in turn, open possibilities for others. They hoard soil carbon, create habitat for other plants, and feed animals.

Grasses are creators. They use cooperative partnerships to build their homes, places that, in turn, open possibilities for others.

Although we don’t often imagine ourselves in this way, we are a prime beneficiary, a species built by grass.

What’s for dinner? Grass. Wherever you live, some kind of grass is probably feeding you.

When the prophet Isaiah proclaimed that “all flesh is grass,” he intended a commentary on the fleeting nature of human life, but he also spoke an ecological truth. In Isaiah’s time and in ours, grass sustains us. If we stacked in 50‑kilogram sacks the total cereal harvest in 2023, the pile would reach to the moon forty times. That’s 2,836 million metric tons of grass flowers matured into seed. Three grasses—rice, maize, and wheat—account for 90 percent of this superabundance, supplying us with two thirds of food calories. The juices of sugarcane, another grass, supply another 1,900 million metric tons. Barley, sorghum, oats, millet, rye, and wild rice are grasses, too.

Livestock fattens on grass from pasture and the maize‑filled troughs of feedlots. While our great ape cousins feed on forest fruits, leaves, and animal prey, we depend on grasses. If we named ourselves for our primary food, we would be grass apes, Homo poaceae, for Poaceae, the scientific name for the grass family, from the ancient Greek for “fodder.”

It is the nutritive gifts of grasses, with help from oil‑rich fruits like mustards and oil palms, that caused the increase in food calories available to humans over the last millennium and, especially, the last century. The cereal harvest in 2023 was 50 percent higher than that of 2000 and three times that of the 1960s, outpacing human population growth on all continents. Famines are rarer than they were and now largely emerge from human injustice and war, not the failure of plants to yield food. Such productivity comes with severe costs: felled forest, mined and synthesized fertilizer, among many. But those who in the nineteenth and twentieth centuries made erroneous predictions of imminent mass starvation erred by underestimating the world‑changing potential of grasses.

These global patterns are evident in kitchens. At home, the bottom drawer of our kitchen cabinet grinds when I pull it open. The poor thing has worn sliders and is loaded with bags and tubs. Bread flour, whole wheat flour, all‑purpose white flour, masa, purple cornmeal, medium‑ground yellow cornmeal, plain fine cornmeal, semolina flour, barley flour, and sorghum flour. Some are baking staples, ingredients for pancakes, loaves, and corn breads.

Others are aspirational, plucked in moments of enthusiasm as Katie and I push our cart through the aisles of the Dekalb Farmers Market, a bustling warehouse near our home stocked with bulk dried goods and fresh produce from across the globe. Regardless of their origin, every one of the flours in our kitchen drawer is ground‑up grass seed, the product of a mature grass flower. Other kitchen drawers hold rice and pasta, also made from grass seed. Our kitchen, like kitchens over much of the world, is a bouquet of grass.

From the three hundred thousand species of flowering plants on Earth, we’ve plucked a handful of grasses and founded modern agriculture on their productivity. What made grass so special? The answers reveal not only why we latched onto them so firmly, but also how grasses managed to take over much of the planet long before humans evolved.

Grass flowers are super‑mothers, giving their embryos ample provisions. Under a magnifying glass we can see how. I pull open the complaining kitchen drawer and dip a teaspoon into some bags, retrieving flours that I dust onto scrap paper under a bright counter light. What looked to my unaided eye like powders of different colors reveal themselves under the lens as diverse and beautiful. I expected white flour to look fluffy, but magnified it looks like coral sand. I smooth the tiny pile with the back of my spoon and the flour becomes a miniature tropical beach, a gleaming expanse enlivened with a scattering of darker grains.

Whole wheat flour seems made of tan‑colored sand mixed with shredded cardboard, as if a hurricane had passed through a shipping warehouse on its way to the beach. The grains of purple cornmeal are larger than those of the wheat flours and are intermixed with white‑blue pebbles and chunks of broken obsidian. Uncooked rice grains loom over these sands. They are slightly translucent and etched with lines, as if ancient Egyptians had built their obelisks from milky glass. Who needs magic mushrooms when we have 7× hand lenses?....

....MUCH MORE 

Possibly also of interest:

Saturday, April 4, 2026

When Chocolate Was A Lenten Dilemma

From History Today,Volume 72 Issue 3 March 2022:

The Theology of Chocolate
The introduction of chocolate to the Catholic world caused a dilemma: could it be eaten? Should it be given up for Lent?

Many Christians, and even post-Christians, give up chocolate for Lent. This self-denying act now sometimes seems to be simply part of a calendar of occasions for virtuous abstention: as with ‘dry January’, we do it because it is good for us. But the original theory behind the Lenten fast is that it helps those who undertake it identify with Jesus. After all, Lent originally commemorates the 40 days Christ spent in the wilderness before his triumphal entry into Jerusalem. 

In fact, the relationship between chocolate and the Lenten fast has been complex and fascinating, at least within Christianity’s Catholic tradition. Chocolate’s history is an important part of the story of early modern globalisation and the Catholic Church’s response to it, therefore, reveals much about how it adapted to a fast-changing world. 

Chocolate has a history but, for Catholics, it also has a theology. Long and learned treatises were written about whether it was licit to consume it – and when. Part of the issue was that the original Spaniards who travelled to the Americas quickly associated the drinking of chocolate with Aztec religious rituals. The Aztecs told those Spaniards that they valued the chocolate mixture they brewed not only as a source of nutrition but also as a sacred, even mystical, elixir, which altered body and spirit. The cacao pod was a gift from the gods, they declared, to be associated with the human heart and depicted as bleeding. Many Maya and Mixtec images of human sacrificial victims show those victims as anthropomorphic cacao pods. 

Such ideas and images hardly endeared chocolate to the first friars who crossed the Atlantic to convert indigenous peoples to Christianity. Some wondered whether it could be appropriate for Christians to drink something so intimately associated with idolatry and ritual murder? Others, on the other hand, saw chocolate’s potential as a substitute in indigenous communities for another sacred but more scarce liquid: wine. The Franciscan friar Toribio de Benavente (d.1569) wrote approvingly of a local custom in the Mexican town of Tlaxcala where ‘on the feast of All Souls in nearly all the Indian towns, many offerings are made for the dead. Some offer corn, others blankets, others food, bread, chickens and in place of wine they offer chocolate.’....

....MUCH MORE 

For some (there are many) of our non-theological posts see also:

https://climateerinvest.blogspot.com/search?q=cocoa

where you will find Warren Buffet and Chocfinger and Fat Marvin and Chinese communists and... 

Wednesday, April 1, 2026

Your Butter Sommelier Will Be With You Shortly: "Canada’s first butter bar..."

From Toronto Life, March 17: 

Canada’s first butter bar is coming to Port Credit
Let the butter-maxxing begin

Butter has long inspired acts of devotion. Butter fondue candles—the wacky cousin to the butter board—recently went viral on TikTok. Last summer, the CNE served a Wisconsin-style butter burger, much to the delight of the GTA’s cardiologists. And every November, the likenesses of presidents, celebrities and athletes carved into soft golden statues fill the halls of the Royal Agricultural Winter Fair. Butter is a beautiful thing.

Related: St. Brigid’s Creamery, the Ontario-made gourmet butter Emerald Grasslands fans need to know about

Later this spring, Port Credit will get its own shrine to butter with Butter Bar, a storefront hawking locally made small-batch butters from the creative mind of Kate Engineer. She’s known at the Port Credit Farmers’ Market as “the butter babe” and to friends as “chief executive churner,” and she’s been preaching the gospel of butter for about eight years. After launching her hospitality business in 2023, she got to churning bespoke blends—first for friends and family, though she eventually found herself slammed with orders. Now, she’s opening her own store.

“I grew up in a butter-loving household,” she says. “Our family owned a restaurant, and we had an allegiance to butter over olive oil. A few years ago, I had a dream to make a flight of melted butters to dunk shrimp in—now I have a whole business. For two years, I was a one-woman butter show, churning the butters in my kitchen, but now I’m working with a local family-owned creamery to scale up.”

At Butter Bar, Engineer’s compound butters are the main event, and they come in sweet or savoury varieties like cinnamon-sugar-nutmeg or thyme-sage-rosemary. Because they’re small-batch and contain less salt, she says, they’re silkier and higher in delicious fat than big-brand butters....

....MUCH MORE 

Previously from Toronto Life:

Possibly also of interest:

Still Too Much Liquidity In The System: The World of Luxury Water Collectors

Similar to cocaine being God's way of saying you have too much money, we take the nouveau pretensions of the H2O crowd to have deeper meaning. 

Didn't your mother ever point out that Evian is just naive spelled backwards? And that's Evian, much less this:

"Iskilde from Denmark is a great water for a vegetarian mushroom dish because it has earthy taste notes. Beverly Hills 90H20 is the perfect pairing for a seasonal salad because it will cut through the acidity of a vinaigrette dressing and help balance out the flavors."

tripe.

I blame the Fed's response to the zero lower bound problem.

Inside the Very Real (and Very Complicated) World of Luxury Water Collectors...

We've been down this muddy road before:

2013:  I'm in the Wrong Business Part 625: "$20 for a bottle of water? Your water sommelier will bring the menu right away"

2013: Climateer Line of the Day: H2Oh Give Me a Break Edition

2017: Premium Water: Evian Is Just Naive Spelled Backwards

And the whole artisinal thing:

Trifecta, We Have a Hot Sauce Sommelier To Go Along With The Mustard Sommelier and the Water Sommelier

Yes, ma'am, the Satan's Saliva small barrel Special Reserve sauce is made from Scotch Bonnet peppers grown exclusively on a tiny island off the coast of Antigua, a larger island.

The peppers are picked at the peak of their short lives to ensure the characteristic citrus and battery acid top notes contrast with the charred peat and road tar bottom to create a complex tease, flamboyant enough to be called the scamp of the vineyard pepper pot but finishing as cigar box and C4.

In case of overdose the usual cold milk treatment is insufficient and one should go deeper into the butterfat realm, whipping cream at minimum, preferably a hunk of cream cheese to gnaw on as you search for the nearest burn unit.

Perfect when paired with artisanal small batch lard or any of the kicky tallows now making the scene. 

Now back to work.

Or does this type of mockery make me the snob?
Entering that wilderness of mirrors is the slow road to snooty madness so I'll just answer 'no'.  

Monday, March 9, 2026

"Energy and metals have been hot but a rally for agriculture commodities may now be getting under way, says technical analyst"

From MarketWatch, March 6: 

Fundstrat’s Mark Newton is betting on corn, wheat and soybeans moving higher in 2026 

Grains are ready to break out and continue a commodities rally that has been driven by energy and metals, according to a technical strategist.

“Technically, agriculture’s rally looks to be kicking into gear within the commodity complex at a time when the U.S. equity rally has begun to wobble in recent weeks,” said Mark Newton, head of technical strategy at Fundstrat.

Newton said while he expects crude oil to stall out and possibly reverse in weeks to come, some commodities should still work well in the coming months. “It’s my technical view that ‘softs’ should be the next area to rise to show mean reversion to recent strength within the metals and energy complex,” he said.

He has been of the view that soybeans, corn and wheat should be turning higher due to the prevailing six-year cycle in grains.

Newton has been tracking the Bloomberg Commodity Index, which has a 34% energy weighting and 27% in agriculture, commenting that most popular indexes and ETFs are heavily weighted to energy. The Bloomberg index has just risen above last month’s peaks to the highest levels since 2022, and he believes it could test former all-time highs this year.

The Invesco DB Agriculture Fund DBA +1.11% tracks an index of 10 agricultural commodity futures contracts, he said. The DBA is up an annualized 13% over three years, 4% over 10 years, and more than 3% over a year, according to FactSet. 

https://images.mktw.net/im-58735294?width=700&size=1.4285714285714286&pixel_ratio=1.5 

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We don't have any interest in the funds or the Exchange Traded Notes, preferring the futures, but DBA is a handy overview of the action.

Sunday, March 8, 2026

"Crop Prices Jump as War Snarls Trade and Risks Tightening Supply"

We will see a double whammy in the ag sector. Fertilizer prices, including ammonia which is made from natural gas, are rising fast. Additionally, with the Northern Hemisphere planting season approaching, the cost of diesel fuel for the tractors and later this year for combines and other harvesting implements will of necessity pass through, eventually, to the end user.

From Bloomberg, March 8: 

Palm oil surged as much as 10%, soybean oil jumped and wheat neared a two-year peak, as the war in the Middle East drove energy and fertilizer costs higher and threatened to tighten supplies across agricultural markets.

Disruptions to crude oil supplies wrought by the conflict are boosting the appeal of crop-based biofuels, lifting demand for vegetable oils and corn. The effective closure of the Strait of Hormuz — a major conduit for the fertilizer trade — has also led to a spike in the price of crop nutrients as farmers rush to secure supply. In addition, wartime food security concerns could spark some countries to stock up on staples like wheat.

Palm oil jumped the most since 2022, when top grower Indonesia halted exports. Chicago futures of soybean oil, palm’s closest substitute, rose as much as 5%, up for an 11th day and headed for the longest run of gains since 2008.

Wheat futures rallied more than 3%, after jumping the most since 2024 on Friday, while corn climbed over 2% and soybeans also rose.

“Grain and oilseed markets are following energy in early Monday trading,” said Joe Davis, director at Futures International, a brokerage. “The macro and energy markets will continue to lead ag commodities on any escalation of the war on Iran.”

Vegetable oils and meal in China also surged on Monday. The most actively traded soybean meal futures on the Dalian Commodity Exchange rallied as much as 6% to 3,066 yuan per ton while palm also rose to hit a daily limit. Rapeseed oil and meal did the same in Zhengzhou.

Spiking crude prices have stoked fears of faster inflation globally, rattling broader markets.

“The US consumer could see this immediately on prices at the pump, then in food inflation if shipping and fertilizer prices remain firm,” Davis said. “Although most farmers are locked in on price, or have purchased input needs for 2026, next year may be where farmers feel the pain if the Strait of Hormuz doesn’t re-open soon.”....

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Recently:

March 4 - Inflation: "How disruption in the Strait of Hormuz threatens fertilizer supply and global food prices" 

March 5 - "Iran Conflict Sends Farmers Rushing to Secure Critical Fertilizers"

March 2 - Fuel: More On Saudi Arabia's Giant Ras Tanura Refinery

March 5 - Diesel Prices Are Rising Fast

If interested see also:

May 2022 (Russian invasion) -  Diesel equals Soybeans; Soybeans equal Diesel (in more ways than one)

....Way back in April 2008, the U.S. was still in Afghanistan and Iraq, Gaddafi in Libya and Morsi in Egypt had not yet been overthrown, the Maidan coup in Ukraine was six years in the future and the Russian invasion was fourteen years ahead, the price of oil was going parabolic on the charts, on its way to the record futures print, $147+, and I was thinking about substitution and pseudo-fungibility:

What Proportion of Food Price Increases is Attributable to Ethanol?

If I recall correctly it takes about five gallons of fuel to plant and harvest an acre of corn (I just spent 60 seconds trying to remember if that was conservation tillage or traditional. Then I realized that farm management was not the focus of this post, I'll go with 5 gal./acre), so the argument that rising input prices is a factor has merit....

Some things never change. But they should

Related, noted in a 2015 post:

Remember, the rule of thumb is it takes around 10 crude oil calories to produce 1 row crop (mainly corn and soybeans) calorie.
Most other food prices are similarly dependent on their input costs.
One oft-cited bit of nuttines is the fact it takes 127 calories of aviation fuel to get a head of lettuce from California to London.... 

March 2021 -  Vaclav Smil: "How Much Energy Does It Take to Grow a Tomato?"

Thursday, March 5, 2026

"Iran Conflict Sends Farmers Rushing to Secure Critical Fertilizers"

The markets moved very fast and made this a textbook "If you snooze, you lose" situation. 

From Bloomberg, March 5:

A third of global fertilizer supply passes through the Strait of Hormuz, while gas from the region is crucial to production of nutrients for global agriculture. 

Chet Edinger had already bought most of the fertilizer for his corn and soybean farm last year, but on Monday morning, with war breaking out in the Middle East, he rushed to secure a last few truckloads of urea for the tens of thousands of acres he cultivates near Mitchell, South Dakota.

“We grabbed what we needed,” he said by phone. It cost 22% more than late last year — “the highest price I ever had to pay.”

The US and Israel’s attacks on Iran, and Tehran’s retaliation across the Middle East, have disrupted supplies of fertilizer, and farmers worldwide are rushing to secure critical nutrients. Around a third of global fertilizer supply passes through the Strait of Hormuz, a nautical passage between the Persian Gulf and the Arabian Sea, which Iran has promised to shut to shipping. Prices of natural gas — a crucial element in fertilizer production — are soaring globally.

Visually searched image

The conflict has come at a sensitive moment for global agriculture. The cost of fertilizers is already high. Farmers in the northern hemisphere are about to begin fertilizing their fields, while winter-crop planting is approaching in the southern hemisphere.

The disruption is particularly frustrating for farmers in the US, who have been suffering for years from low crop prices and high input costs, as well as trade volatility since President Donald Trump took office.

“I don’t want to say it’s catastrophic, but it could not come at a worse time,” said Bloomberg Intelligence analyst Alexis Maxwell. “Escalating attacks in the Middle East are creating a global chokepoint for farmers.”

If the disruption continues, it could add to inflationary pressures, just as the world is slowly recovering from a period of prolonged rising food prices caused by the Covid-19 pandemic, the war in Ukraine and extreme weather shocks.

“Without fertilizer your yields go down. If your yields go down, then there’s less grain or rice or any food on the market,” said Philip Sunderland, a fertilizer trader at Aquifert. “There might be a lag of between six to nine months between getting the greens out of the ground and putting the food on your table. But you can expect inflation going through the roof around Christmas time.”

The market reaction to the war has been quick and dramatic. US prices for urea, which is widely used on corn crops, rose $70 from the prior week’s high to $550 a short ton, with some American suppliers pulling offers, Bloomberg Green Markets reported Tuesday. Egyptian granular urea prices jumped nearly 27% to $620 per metric ton. Price estimates also increased sharply in Russia, one of the world's top fertilizer producers.

In many cases, offers of products have been pulled and buyers are similarly waiting before committing, said Peter Harrisson, an analyst with researcher CRU Group. “Much of the fertilizer market is waiting to assess the impact of the conflict on availability,” he said.

Indian manufacturers of urea have started to curb output after Qatar suspended supplies of liquefied natural gas due to an attack, according to people familiar with the matter, who asked not to be identified. In Pakistan, fertilizer company Agritech said on Wednesday that its supplies of gas were being suspended.

In Europe, which is dependent on gas for much of its energy, the fertilizer industry has been suffering in recent years from rising costs, production cutbacks and cheap imports from Russia. Soaring gas prices due to the new conflict in the Middle East are likely to add to the pressure. Poland’s state-run fertilizer producer, Grupa Azoty SA — one of the largest in the European Union — temporarily stopped taking orders for its fertilizers, citing higher gas prices that inflated their production costs.

The threat of shortages has put farmers worldwide in a state of anxiety.

Rafal Derlukiewicz, who owns an organic farm in eastern Poland, told Bloomberg he got a phone call from his neighbor about any excess horse and sheep manure, which he typically applies instead of synthetic products. “There is some panic here in Lubenka,” he said. “People cannot buy fertilizers.”

In Queensland, northeastern Australia, wheat and barley farmer Richard Golden got a call from his supplier earlier this week, urging him to pick up previously-booked supplies of imported nitrogen fertilizer — or risk it being snapped up by other increasingly nervous farmers. Some two-thirds of the country’s urea imports come from the Middle East...

....MUCH MORE 

March 4 - Inflation: "How disruption in the Strait of Hormuz threatens fertilizer supply and global food prices"

Monday, February 23, 2026

Media: "Storied, faceless, and stubbornly profitable: The Economist braces for change"

From Semafor, February 22:

The Scoop

One of the English-speaking world’s oldest publications has contracted an age-related condition: Its audience, too, is aging. Since 2015, the median age of an Economist subscriber has risen from 51 to 61, according to figures shared at a recent meeting and described to Semafor by two people.

Of course, the magazine was never going to be a Gen Z sensation, and has always appealed to what some employees would describe as a “mature” audience. Indeed, those mature readers have made “the paper” — as it’s known internally — one of the most reputable and consistently profitable publications in the history of English-speaking news media.

But the audience stat comes at a moment of transition for the magazine itself, and will pose hard questions for what are likely to be a new generation of investors and managers.

One of The Economist’s longtime owners is selling her stake. The publication’s top editors are jockeying for the editor-in-chief role, a powerful position at a magazine where the writers, rather than the business side, traditionally control the direction of the enterprise. And at the heart of these challenges is one familiar to every media leader: A publication famed for its brilliant, monolithic anonymity faces a moment of intense individualization and personalization.

Know More

The Economist has been covering markets, finance, and global affairs since 1843, watching rivals come and go from its perch. It has an unusual, authoritative house style: no bylines, one single, unified voice.

Its longevity can be credited in part to a few smart digital bets over the past three decades. When many publications let down their paywall at the tantalizing prospect of chasing massive audiences online through social platforms, The Economist remained skeptical, choosing a model that emphasized subscription and reader revenue over advertising. The publication expanded its expensive intelligence business aimed at corporate readers, and also struck gold on a few side projects, including its popular podcast.

The result has been consistent profitability: In its interim financial report in November, The Economist Group reported half-year revenue of £170 million, 4% higher than the previous year, with operating profits of £20.2 million, a 23% improvement over the previous year. The publication has 1.25 million subscribers. While some close observers internally have quibbled with the number, noting that it seems to include cheap podcast-only subscribers, it puts the publication in a tiny global top tier, on par with The Atlantic and The New Yorker....

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Here's a graphic we used a few times to demonstrate the opportunities sometimes afforded to the speculator by politicians, in this case the repeal of England's Corn Laws to allow the importation of grains to the sceptered isle. The event set Chicago up to be a manufacturing hub with Mr. McCormick selling his farm implements to American farmers growing grain for the British market.

The Economist's food-price index was created in 1845.
In 1846 The British Parliament voted to repeal the Corn (grain) Laws, reducing the tariff on imported grain, effectively opening the British market to American wheat.

Our post "Global Warming, Politics, Laws and Opportunity" had this list of annual sales of Mr. McCormick's reaper:

1840------- 2
1841--------0
1842--------7
1843------ 29
1844------ 50
1845------ 58
1846------ 75
1847-----800

As can be seen, the politics had quite an effect on the McCormick family fortunes.

In Global Warming, Politics, Laws and Opportunity--Part II:

As reported by The Economist May 16, 1846, the British House of Commons had repealed the "Corn Laws", eliminating the tariff on imported wheat, the day before. Corn in this usage is not maize but rather is generic for grain. Prime Minister Peel won the battle but lost his premiership, the quote of the day was "Peel and repeal."

Trivia
The Economist was founded in September 1843 by James Wilson with help from the Anti-Corn Law League; his son-in-law Walter Bagehot later became the editor of this newspaper. 

Photo 

Monday, February 16, 2026

"George Washington Fought for America’s Independence—and Its Booze Industry"

 A repost from 2025.

From Barron's, February 22:


George Washington ran one of the country’s largest distilleries.
A whiskey barrel from the George Washington Distillery.
- Courtesy Mount Vernon

George Washington wasn’t just the father of his country. He also helped give birth to its liquor industry.

Washington’s distillery at Mount Vernon, Va., was one of America’s largest, producing more than 10,000 gallons of rye and corn whiskey in 1799. He sold it by the barrel as part of a postpresidency retirement scheme.

“Two hundred gallons of Whiskey will be ready,” Washington wrote to a nephew, “and the sooner it is taken the better, as the demand for this article (in these parts) is brisk.”

Demand for alcohol was brisk throughout the young nation, and it remains so today—even if our annual average consumption of around 2.3 gallons of absolute alcohol pales next to the 7.1 gallons quaffed in 1830.

We drink less for many reasons, among them ready access to safe drinking water. But age-old concerns about alcohol’s dangers, to both body and soul, followed drinking to the New World. Modern science has made the risks clear, most recently in a report from the Surgeon General that ties alcohol consumption to cancer.

This has taken a toll on U.S. liquor sales, which fell 1% last year to $112 billion, punishing the shares of brewers, distillers, and vintners. More people than ever express concern about drinking’s health hazards.

Yet, there are no calls for renewing prohibition. From New Year’s bubbly to beers at the ballgame and rum drinks at the beach, liquor remains central to our celebrations.

As ever in America, it’s always 5 o’clock somewhere.

“By 1770, Americans consumed alcohol, mostly in the form of rum and cider, routinely with every meal,” wrote the historian W.J. Rorabaugh, author of The Alcoholic Republic. “Many people began the day with an ‘eye opener’ and closed it with a nightcap.”

During the Colonial period, most alcohol was imported. Washington was partial to Madeira wine and English porter. After the Revolution, America became a nation of small brewers and distillers; cultivating the grape proved more challenging.

Alcohol became such big business that, in 1794, the government’s attempt to tax it triggered a Whiskey Rebellion by Pennsylvania farmers.

Washington rode at the head of 13,000 federal troops to put down the rebellion, enforcing the government’s right to collect taxes. There were personal ramifications: In 1798, Washington paid a tax of $332 on 616 gallons produced at Mount Vernon....

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Wednesday, February 11, 2026

"CNBC’s The China Connection newsletter: Inside China’s push to feed 1.4 billion people without U.S. crops"

If the demographers are right, in fifty years the population will be down to 800 million so no worries.

From CNBC, February 11: 

  • Investment in agriculture has boosted local availability of fresh produce.
  • China has long wanted to reduce its reliance on other countries for agricultural products.
  • Companies from e-commerce players to seed developers have benefited.

This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here.

The big story
Over the last few years in China, it’s gotten easier to buy food straight from the farm.

Whether it’s boxes of apples or bags of vacuum-sealed corn-on-the-cob, online orders placed through popular e-commerce apps take just a couple of days to arrive in Beijing.

China’s food safety standards are still a work in progress. But what I’ve noticed is that even if the apples from a nearby supermarket taste artificial — the ones I can order from the countryside taste like the ones I ate in the U.S. And I can’t say it’s just as easy to get apples shipped from a New York orchard.

The economics behind this consumer experience boil down to a few key differences at the heart of the U.S.-China trade story.

Over the past decade of trade tensions, the U.S. has repeatedly asked China to buy more American agricultural products. But many American farmers have lost sales under the Trump administration’s tariffs.

As the largest U.S. agricultural export by value, soybeans get the headlines. But even there, the White House has struggled to define the deadline for new Chinese purchases of U.S. soybeans. China did buy a record amount last year — mostly from Brazil. But Beijing’s end goal is food security — reducing reliance on other countries.

That’s where corn comes in.

Chinese researchers are developing corn with higher protein that could replace significant amounts of soybean imports. Most of those soybeans are used in animal feed that supports domestic meat production. Here, China has a clear goal to boost self-sufficiency. By 2030, China aims to cut the amount of soymeal in animal feed to just 10%.

Notably, Beijing this month called for increasing the quality of domestic soybeans, rather than simply planting more, as it had urged last year. That indicates the land is being saved for something else.

Tech-driven agriculture
To tackle the challenges of limited farmland and a large rural population, Beijing has sought to use technology and targeted policies to achieve its food security goals.

China has about three-fourths the arable land of the U.S., according to Goldman Sachs, despite having a population four times as large, which means policymakers have had to double down on increasing yield per acre. Around 34% of China’s population lives in rural areas, compared with roughly 20% in the U.S.

While corn fields and tractors dominate much of rural America’s plains, on a similar drive through China’s countryside, I’d see more mountains — and far more people still working the land by hand. The difference for urban consumers in China is that those farms are more connected to the internet and high-speed trains.

Beijing’s efforts to reduce poverty and ensure social stability in rural areas have driven infrastructure development across the country. E-commerce companies such as JD.com and Pinduoduo have expanded into new markets in the countryside. Companies like DJI have also built a business around agricultural drones. Last year, as I was taking a high-speed train from Beijing to Shanghai, I saw a drone working in a field.

Tech company Qicaihong has gone further, expanding from China’s Silicon Valley, Shenzhen, to a very rural part of Yunnan province to standardize local corn production for bigger markets.

The local subsidiary, Shijing Agriculture Technology, uses sensors and software — including AI from DeepSeek — to optimize regional production. Rather than having to find their own sales channels, participating farmers working off tiny plots on mountain steppes can sell their corn to the company at a set price for unified processing, before the corn is sold online and to major distributors.

A similar story plays out in the northeastern Heilongjiang province, where farmers can process their corn at a centralized plant and sell it nationwide and abroad under the brand “Laojieji.”

That’s just one aspect of local agricultural development. China is investing heavily in agricultural research and development, and its public sector spending was roughly double that of the U.S. in 2019 and 2021.

By 2022, China started commercializing its first generation of biotech seeds that improved corn yield by 10%, said Trina Chen, co-head of China equity research at Goldman Sachs.

That allowed the country to import just 2.65 million metric tons of corn in 2025, down from peak levels of nearly 30 million metric tons in 2022 and 2023, according to official data accessed via Wind Information.

Investor interest
More money is poised to enter China’s agricultural sector....

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