World Perspectives
feed-grains wheat soy-oilseeds

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Pakistan and India are having difficulty in agreeing on the method to move Indian wheat to Afghanistan through Pakistan. While the shipment of 50,000 MT has been approved by Pakistan, it is insisting on the use of Pakistan trucks and drivers, with United Nations support, while India says that Indian or Afghanistan trucks and drivers should be allowed. Reports say that, since this is a serious humanitarian situation, agreement between India and Pakistan should be reached shortly. Pakistan’s government has decided to donate 50,000 MT of wheat to Afghanistan, a donation that matches the recent one by India. Pakistan has announced about $28.4 million to Afghanistan in aid, i...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Gains to Close Week; Wheat Firms on Bullish News

The CBOT was mostly higher to end a mostly bearish week with wheat leading the way on several mildly bullish developments. Wheat futures saw price-supportive development in the IGC’s lower 2024/25 global ending stocks forecast, dryness in the U.S. Southern Plains, and smaller Russian 2024...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Based on futures’ price action late last week and early this week, one would be expecting funds to have been net sellers in the major ag commodities, and that’s exactly what happened. Funds expanded their short soybean position by some 30,000 contracts, making it a new five-year low...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.335/bushel, up $0.0675 from yesterday's close.  Jul 24 Wheat closed at $5.6675/bushel, up $0.1375 from yesterday's close.  May 24 Soybeans closed at $11.505/bushel, up $0.1625 from yesterday's close.  Jul 24 Soymeal closed at $343.2/short ton, up $5.8 fro...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Gains to Close Week; Wheat Firms on Bullish News

The CBOT was mostly higher to end a mostly bearish week with wheat leading the way on several mildly bullish developments. Wheat futures saw price-supportive development in the IGC’s lower 2024/25 global ending stocks forecast, dryness in the U.S. Southern Plains, and smaller Russian 2024...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Based on futures’ price action late last week and early this week, one would be expecting funds to have been net sellers in the major ag commodities, and that’s exactly what happened. Funds expanded their short soybean position by some 30,000 contracts, making it a new five-year low...

feed-grains soy-oilseeds wheat

Summary of Futures

May 24 Corn closed at $4.335/bushel, up $0.0675 from yesterday's close.  Jul 24 Wheat closed at $5.6675/bushel, up $0.1375 from yesterday's close.  May 24 Soybeans closed at $11.505/bushel, up $0.1625 from yesterday's close.  Jul 24 Soymeal closed at $343.2/short ton, up $5.8 fro...

soy-oilseeds

Oilseed Highlights: Still Softly Descending

The Market Soybeans sharply rebounded on Friday after hitting a one month low the day before, likely on short covering. For the week, May soybeans lost 16.25 cents (-2 percent) and November soybeans gave up 15.25 cents. The latter new crop contract still carries an 11 cent premium over the soon...

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