The bearish news was all on the supply side. 2014 was a year of record world crop production, which couldn't have come at a better time with world supplies of feed grains and wheat still at minimal levels and U.S. supplies of soybeans down to barely pipeline levels.We are about to close the books on 2014, and it has been another volatile year with big price spreads. Below are the annual highs and lows from the lead month continuation charts:Chicago Wheat High - $7.35 (5 May)Low - $4.66 (22 September)Today's close - $6.1425Corn High - $5.19 (5 May)Low - $3.18 (29 September)Today's close - $4.125SoybeansHigh - $15.36 (19 May)Low - $9.04 (29 September)Today's close - $10.495The bearish news was all on the supply side. 2014 was a year of record...
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...
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Accountability and a comprehensive approach to export programming
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