Update for 6 December 2019: All other routes/offers updated through the day's close. Note: Due to client request, WPI has added data for corn prices FOB France, Russia, and a general Black Sea price. Freight Comments for 5 December 2019: Jay O’Neil, O’Neil Com...
Data Updated Through: 5 December 2019 Note: Due to client request, WPI has started including rates for 60,000 MT vessels from Russia and Ukraine to Egypt. Ocean Freight Insights and Comments - 5 December 2019 By Jay O'Neil Commodity Consulting Dry-bulk markets look like they found...
GOOD MORNING, The rising soy complex on Thursday was led by meal, which rebounded on technical consideration and news that Argentina's largest meal exporter, Vicentin, was in financial distress and having payment restructuring issues. This company is Argentina's number one exporter of soy...
It was a mixed day with most of the volume and bullishness occurring in the soy complex as grains counted their losses. It didn’t help that export sales were underwhelming, and some bears are now holding out hope for a so-called Santa Clause rally to end the year on a cheerier note. Actua...
Data Updated Through: 5 December 2019 Note: Due to client request, WPI has started including rates for 60,000 MT vessels from Russia and Ukraine to Egypt. Ocean Freight Insights and Comments - 5 December 2019 By Jay O'Neil Commodity Consulting Dry-bulk markets look like they found...
GOOD MORNING, The rising soy complex on Thursday was led by meal, which rebounded on technical consideration and news that Argentina's largest meal exporter, Vicentin, was in financial distress and having payment restructuring issues. This company is Argentina's number one exporter of soy...
It was a mixed day with most of the volume and bullishness occurring in the soy complex as grains counted their losses. It didn’t help that export sales were underwhelming, and some bears are now holding out hope for a so-called Santa Clause rally to end the year on a cheerier note. Actua...
Considering China Situation Impact Hog producers are awaiting a breakthrough in prices while packers’ margins remain high. The promise of increased exports has not made its way to the hog market – at least not yet. So, what is the outlook? The situation is the reverse from bac...
SPREADS March crush trades top 1.08c/bu while oilshare moves into steady territory from lower at 33.70%. Bean spreads are still wide with Jan/March trading from 14 1/4c out to 15 1/4c. March/May beans trades from 14 1/4c to 14 3/4c. March/May meal narrows into $2.6...
Considering China Situation Impact Hog producers are awaiting a breakthrough in prices while packers’ margins remain high. The promise of increased exports has not made its way to the hog market – at least not yet. So, what is the outlook? The situation is the reverse from bac...
Mar 20 Corn closed at $3.7675/bushel, down $0.0175 from yesterday's close. Mar 20 Wheat closed at $5.2375/bushel, down $0.0375 from yesterday's close. Jan 20 Soybeans closed at $8.8425/bushel, up $0.0625 from yesterday's close. Jan 20 Soymeal closed at $301.5/short ton, up $4...
Unrealistic FTA Swiss Ambassador to the U.S. Jacques Pitteloud encouraged a Washington audience this week to pursue a bilateral free trade agreement with his country. He contended that Switzerland has adjusted its agricultural policies to make liberalization easier, and that even a limited deal...
U.S. Soybean Export Sales Down Sharply Last Week Today’s USDA export sales report indicated exporters were far less successful selling U.S. soybeans for export in the week ending 28 November than in previous weeks. Net export sales totaled 683,800 MT. That was a decline of 59 percent from...
THE OPEN Jan beans: 4 3/4 higher Jan meal: 1.50 higher Jan soyoil: 21 higher March corn: 3/4 lower March wheat: 1/4 higher The markets opened higher in the soy complex as shorts took the opportunity to cover beans and meal. Meal prices led the way in terms of...
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