Analog’s Future In contrast to Uber, investors have given Beyond Meat a meteoric climb. The question is, how real is the meat analog market? Like IT disruptors, Beyond Meat currently loses money on everything it sells, and one skeptical short seller went so far as to call it Beyond Stupid...
Jul 19 Corn closed at $3.9425/bushel, up $0.0525 from yesterday's close. Jul 19 Wheat closed at $4.7875/bushel, up $0.005 from yesterday's close. Jul 19 Soybeans closed at $8.22/bushel, down $0.0975 from yesterday's close. Jul 19 Soymeal closed at $295.3/short ton, down $2 fro...
Active overnight trade pushed the CBOT higher with corn up 6.75 cents, soybeans up 7.75 cents and Chicago wheat up 8.5 cents before the morning session’s open. The catalyst for this was, of course, USDA’s confirmation yesterday afternoon that the current corn crop is the most delaye...
China Deciding What to Do with Unshipped U.S. Soybean Purchases Now that trade negotiations with the U.S. have broken down, the Chinese government is apparently now deciding what to do with the more than 7 MMT of unshipped soybeans it has purchased from the U.S. Unconfirmed reports indicate Chi...
Jul 19 Corn closed at $3.9425/bushel, up $0.0525 from yesterday's close. Jul 19 Wheat closed at $4.7875/bushel, up $0.005 from yesterday's close. Jul 19 Soybeans closed at $8.22/bushel, down $0.0975 from yesterday's close. Jul 19 Soymeal closed at $295.3/short ton, down $2 fro...
Active overnight trade pushed the CBOT higher with corn up 6.75 cents, soybeans up 7.75 cents and Chicago wheat up 8.5 cents before the morning session’s open. The catalyst for this was, of course, USDA’s confirmation yesterday afternoon that the current corn crop is the most delaye...
China Deciding What to Do with Unshipped U.S. Soybean Purchases Now that trade negotiations with the U.S. have broken down, the Chinese government is apparently now deciding what to do with the more than 7 MMT of unshipped soybeans it has purchased from the U.S. Unconfirmed reports indicate Chi...
The EPA has promised to have the waiver to allow year-round E15 use in place by the beginning of the summer driving season (1 June-15 September), which is when it is restricted under current regulations. An agency spokeswoman confirmed on 15 May that “EPA will finalize the rule before the...
Unless you’ve been living under a rock (or possibly in Arizona where you might not have noticed), you know that the spring weather across the Midwest has been terrible - too cold, too wet, too snowy. Adding add insult to injury, it all started after the New England Patriots won the most b...
The EPA has promised to have the waiver to allow year-round E15 use in place by the beginning of the summer driving season (1 June-15 September), which is when it is restricted under current regulations. An agency spokeswoman confirmed on 15 May that “EPA will finalize the rule before the...
Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Egyptian government reports that it has bought 2.2 MMT of local wheat against a target purchase of 3.6 MMT. Pakistani officials indicate that the local wheat crop will total about 24.3 MMT, down from 25.6 MMT last year, and the stocks are...
USMCA to the Fore The Trump administration’s lifting of tariffs on aluminum and steel from Canada and Mexico has moved consideration of the USMCA agreement to the fore but not without some remaining challenges. The U.S. House Ways and Means Committee holds a hearing this Wednesday on the...
The U.S. Corn Belt and much of the northern Plains had a very wet and cold weekend, and there is more rain on the way (see five-day precipitation forecast map below). We stated last Friday that markets would be going higher if the wet forecasts were confirmed, and that is what they did today...
The U.S. 2019 planting season is grim, and there is little or no relief in sight based on the latest weather forecasts. The Corn Belt and northern Plains will stay wet and cool for the foreseeable future. Most of the market chatter has been about the potential reduction in U.S. corn planted acr...
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