The CBOT started the day higher with corn and the soy complex leading the way after “buy on the bounce” and “risk on” trade developed overnight and in the early morning. Confirmation from the EU that Omicron coronavirus cases present with relatively mild symptoms and a l...
Export Sales for November 19-25, 2021. Wheat: Net sales of 79,900 metric tons (MT) for2021/2022--a marketing-year low--were down 86 percent from the previous week and 80 percent from the prior 4-week average. Corn: Net sales of 1,020,800 MT for 2021/2022 were down 29 percent f...
As the media tracks the spread of the Omicron version of COVID, there are reports of additional outbreaks of highly pathogenic avian influenza (H5N1) in Europe. Like COVID, there are many varieties of avian influenza (AI) with low pathogenic the predominant form but high pathogenic forms consti...
Mar 22 Corn closed at $5.715/bushel, up $0.04 from yesterday's close. Mar 22 Wheat closed at $7.905/bushel, up $0.0325 from yesterday's close. Jan 22 Soybeans closed at $12.2825/bushel, up $0.11 from yesterday's close. Jan 22 Soymeal closed at $349.1/short ton, up $7.3 from ye...
Export Sales for November 19-25, 2021. Wheat: Net sales of 79,900 metric tons (MT) for2021/2022--a marketing-year low--were down 86 percent from the previous week and 80 percent from the prior 4-week average. Corn: Net sales of 1,020,800 MT for 2021/2022 were down 29 percent f...
As the media tracks the spread of the Omicron version of COVID, there are reports of additional outbreaks of highly pathogenic avian influenza (H5N1) in Europe. Like COVID, there are many varieties of avian influenza (AI) with low pathogenic the predominant form but high pathogenic forms consti...
Mar 22 Corn closed at $5.715/bushel, up $0.04 from yesterday's close. Mar 22 Wheat closed at $7.905/bushel, up $0.0325 from yesterday's close. Jan 22 Soybeans closed at $12.2825/bushel, up $0.11 from yesterday's close. Jan 22 Soymeal closed at $349.1/short ton, up $7.3 from ye...
Russian Grain Markets: 22-26 November 2021 Russian grain market prices moved in different directions, but the changes were not dramatic. They took place mainly due to ruble weakening and an increase of export duties. Demand from domestic buyers decreased. Export milling wheat average offer pric...
China Strategy The U.S., EU and Japan have agreed to collaborate on how to deal with non-market economic practices – read China. The debate over how to address China is the most important topic in Washington these days. Opinions are varied. Former U.S. State Department official Daniel Rus...
Russian Grain Markets: 22-26 November 2021 Russian grain market prices moved in different directions, but the changes were not dramatic. They took place mainly due to ruble weakening and an increase of export duties. Demand from domestic buyers decreased. Export milling wheat average offer pric...
Ocean Freight Comments - 18 November 2021 By Jay O'Neil Commodity Consulting Today’s dry-bulk refrain is, “have we hit bottom yet”. Volatility has certainly been the operative word for dry-bulk markets. One month ago, vessel owners believed rates were shooting for the moon. Af...
Ocean Freight Comments - 18 November 2021 By Jay O'Neil Commodity Consulting Today’s dry-bulk refrain is, “have we hit bottom yet”. Volatility has certainly been the operative word for dry-bulk markets. One month ago, vessel owners believed rates were shooting for the moon. Af...
“… [covid’s] always on my mind, [covid’s] always on my mind.” With apologies to Willie Nelson, that was the tune markets were singing Tuesday. After a brief pause yesterday, crude oil, stocks, currencies, and commodities all continued Friday’s risk-off and l...
Anti-vaxxers Come to Ag The Green Revolution created modern agriculture, which has been called a mechanism for turning fossil fuels (inputs) into food. In a matter of just a couple of decades, fertilizer, pesticides, and genetics enabled staple crop yields to triple. Now Europe is trying to str...
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