There is a lot of significance to the month of March that shouldn't go unnoticed. It is the end of winter and the beginning of spring. It contains St. Patrick's Day. I can go to work in daylight. And, farmers will start returning from their winter homes in Arizona.There are also some very important events that will affect the markets, such as the following:
The winter wheat crop will break dormancy, giving people the chance to see and evaluate the condition of the crop across the Northern Hemisphere. The weekly winter wheat crop condition report resumes on Monday, 4 March. Planters will start to stir across the southern half of the United States. The USDA will release a number of very important reports later this month, including:...
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 €...
