EU Budget Quandary The EU is in a quandary about how to square its budget following the exit of the UK, which was a net positive contributor to the balance sheet. In addition to taking on new spending goals on the environment, farmers are demanding that their share of the budget not be cut. The...
CBOT markets opened on a mixed note this morning with some buying interest emerging after the two-day selloff. Soymeal started the day with a strong rally that didn’t stop until the close after Argentina’s Ag Ministry stated it would temporarily halt the registration of new agricult...
Mar 20 Corn closed at $3.705/bushel, down $0.02 from yesterday's close. May 20 Wheat closed at $5.3575/bushel, down $0.0125 from yesterday's close. May 20 Soybeans closed at $8.92/bushel, up $0.0375 from yesterday's close. May 20 Soymeal closed at $298.3/short ton, up $5.3 fro...
Public Health Covid-19 Under Control in Hubei, Hidden Costs Rise China’s drastic response after the initial delay in shutting down the city of Wuhan and Hubei Province has paid significant dividends in terms of halting the spread of the virus. Although recent events in South Korea and Eur...
CBOT markets opened on a mixed note this morning with some buying interest emerging after the two-day selloff. Soymeal started the day with a strong rally that didn’t stop until the close after Argentina’s Ag Ministry stated it would temporarily halt the registration of new agricult...
Mar 20 Corn closed at $3.705/bushel, down $0.02 from yesterday's close. May 20 Wheat closed at $5.3575/bushel, down $0.0125 from yesterday's close. May 20 Soybeans closed at $8.92/bushel, up $0.0375 from yesterday's close. May 20 Soymeal closed at $298.3/short ton, up $5.3 fro...
Public Health Covid-19 Under Control in Hubei, Hidden Costs Rise China’s drastic response after the initial delay in shutting down the city of Wuhan and Hubei Province has paid significant dividends in terms of halting the spread of the virus. Although recent events in South Korea and Eur...
THE OPEN May beans: 1/2 higher May meal: .10 higher May soyoil; steady May corn: steady May wheat: 1 lower Prices opened on a mixed note with weaker oilshare a major feature of trade, while meal prices rallied sharply. The meal rally was off the back of an announce...
WPI's monthly publication features a review of the past month's market and policy developments. There are articles covering trade war policies, the challenges facing EU Trade Commissioner Phil Hogan, the impact of the coronavirus, China’s tariff exemptions and more. ...
THE OPEN May beans: 1/2 higher May meal: .10 higher May soyoil; steady May corn: steady May wheat: 1 lower Prices opened on a mixed note with weaker oilshare a major feature of trade, while meal prices rallied sharply. The meal rally was off the back of an announce...
The commodity weighted value of the dollar had been expected to decline in 2020 but instead the U.S. dollar index has risen nearly 4 percent, reaching its highest level in almost three years. Global concerns about the coronavirus may yet push it higher and raises concerns about the impact on U...
Russian Grain Market Overview: 17-21 February 2020 Wheat prices on the domestic Russian market started to decrease in the European part of Russia under pressure from global trends, yet the prices in the Asian part of Russia were still increasing. On the export market, prices were mainly decreas...
SPREADS May crush moves down to the lowest point so far at 81c/bu, while oilshare weakens to 33.55%. July/Dec corn remains a 2c-2 3/4c carry, while March/May firms into 3 1/2c from 4 1/2c. July/Nov beans trades into 10 3/4c from 11 1/2c. May wheat/corn trades at 157 3/4c...
GOOD MORNING, Prices are mixed this morning with grains slightly lower and oilshare continuing to leak. The markets are the weakest where remaining length resides, namely wheat and soyoil. Crude trades below $50/barrel, while the US dollar strengthens to 99.14. St...
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