Now that the USDA November series of reports are behind us, it's interesting to see the secondary market comments and ideas that were talked and written about over the weekend including:
There is always the adage that "big crops get bigger" and that, of course, has many analysts guessing that the January production estimates will show another yield increase in corn. There will be no official crop production updates in December, only a revised WASDE. It is certainly possible the corn crop could get bigger in the January report, but this NASS survey did analyze approximately 86 percent of its objective yield corn plots in the 10 states used, especially ear weight. This should mean that a big jump in the final U.S. 2013 national corn yie...
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 €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
