The CBOT opened on a firm note with a long holiday weekend filled with dry weather for most of the U.S. offering support. This week’s forecast was initially supportive, with hot/dry weather forecast for the major crop-growing regions, though afternoon model runs turned wetter for the last...
USDA extended the contracts for a second round of the Food Box Distribution program last week; the new round will run through 30 August. There were 205 contracts awarded; 189 were extended, 11 were not extended based on performance, and 16 new contractors were added and awarded with an addition...
Update for 6 July 2020: The app contains a large volume of data, so please be patient while it loads. Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...
China has adjusted its government stockpile auction system in an incomplete effort to cool over-heated demand and prices for its reserve corn. High bid rates and outsized demand is expected to continue into the sixth auction of the season. Attempting to control the bid process is a classic reje...
USDA extended the contracts for a second round of the Food Box Distribution program last week; the new round will run through 30 August. There were 205 contracts awarded; 189 were extended, 11 were not extended based on performance, and 16 new contractors were added and awarded with an addition...
Update for 6 July 2020: The app contains a large volume of data, so please be patient while it loads. Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...
China has adjusted its government stockpile auction system in an incomplete effort to cool over-heated demand and prices for its reserve corn. High bid rates and outsized demand is expected to continue into the sixth auction of the season. Attempting to control the bid process is a classic reje...
The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...
Based on the current trajectory, there will be a new U.S. president in 2021, but how will it change American trade policy? For one, there will be less arbitrary and hyper-aggressive actions by Washington. Canadian Prime Minister Justin Trudeau is so upset about the current U.S. Administration&r...
The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...
Sep 20 Corn closed at $3.465/bushel, up $0.03 from yesterday's close. Sep 20 Wheat closed at $4.9325/bushel, up $0.0125 from yesterday's close. Nov 20 Soybeans closed at $9.0625/bushel, up $0.095 from yesterday's close. Dec 20 Soymeal closed at $306/short ton, up $1.8 from yes...
Corn Argentina’s corn market keeps breaking records. June ended with corn exports of 4.3 MMT, by far the highest ever. The accumulated volume exported since the beginning of the campaign (starting in March 2020) reached 16.3 MMT -11 percent above the prior year while the value of corn exp...
THE OPEN November beans: 12 higher December meal: 4.30 higher December soyoil: 33 higher December corn: 5 1/4 higher December wheat: 3 higher Prices opened higher as called with wheat prices turning mixed during the session. Hotter and drier forecasts p...
Regional News The June shift from dry to wet weather patterns for Europe’s crop-growing regions have substantially boosted crop conditions. At the start of June, USDA’s NDVI mapping showed most of the French, German, UK, and western Black Sea crops in below-average condition...
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