The following are some problems worth noting as we head into the Northern Hemisphere's planting season.
A year ago at this time, all eyes were on the corn market and just how many acres of corn might get planted in the United States. The bigger question back then was: Will there be enough planting seed or will a seed shortage limit corn acres? Ultimately, there was plenty of planting seed and a lack of seed did not affect the number of acres planted. Some months ago, these very same questions were the topic of conversation for 2013. The awful U.S. 2012 corn yield sparked some fears that there definitely would be a corn seed shortage in 2013; however, seed people I have spoken with say they see no evidence of any shortage of corn plant...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
