Weakness in EU and U.S. financial markets, led in part by talk that Glencore might be in big trouble and looking for a partner in its agricultural commodities division, has spilled over into almost every U.S. agricultural market as well.There will be a number of factors affecting grain and oilseed markets this week:
Weakness in EU and U.S. financial markets, led in part by talk that Glencore might be in big trouble and looking for a partner in its agricultural commodities division, has spilled over into almost every U.S. agricultural market as well. While Glencore's problems are mostly linked to its mining business, all of the reports have also highlighted weakness in agricultural margins as well. WPI has written several stories about ho...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
