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Feed Grains

Feed Grains

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour busi...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour busi...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally After No Diplomatic Progress; Hogs Post New Highs While Cattle Falter

As expected, the weekend’s developments in the Black Sea drove market action to start the week. Over the weekend, U.S. and Russian diplomats ended discussions in a stalemate and the State Department urged U.S. citizens to avoid travel to Ukraine and Russia. Later, the U.S. ordered nonesse...

Soy & Oilseeds

Soy & Oilseeds

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour busi...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour busi...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally After No Diplomatic Progress; Hogs Post New Highs While Cattle Falter

As expected, the weekend’s developments in the Black Sea drove market action to start the week. Over the weekend, U.S. and Russian diplomats ended discussions in a stalemate and the State Department urged U.S. citizens to avoid travel to Ukraine and Russia. Later, the U.S. ordered nonesse...

Wheat

Wheat

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

wheat

Unnecessary Angst

The markets are nervous over potential impacts from geopolitics, especially the potential actions by Russia in Ukraine. The past is not necessarily prologue but there was little discernable impact when Russia annexed Crimea in late winter of 2014. Wheat production and exports continued to expan...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

wheat

Unnecessary Angst

The markets are nervous over potential impacts from geopolitics, especially the potential actions by Russia in Ukraine. The past is not necessarily prologue but there was little discernable impact when Russia annexed Crimea in late winter of 2014. Wheat production and exports continued to expan...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Turkish flour miller Ulusoy Un Sanayi has received $25 million in six year debt facility from Hollands FMQ development bank. Ulusoy is one of Turkey’s largest flour millers with its business split 50/50 between local flour busi...

Livestock

Livestock

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

livestock

December Cold Storage Report

December total red meat and poultry stocks were up from November but remained down 11.2 percent from December 2020. Once again, total pork and poultry stocks posted five-year lows in this month's report. The surprises this month were from persistently low pork and chicken stocks (especially chi...

feed-grains soy-oilseeds wheat

Market Commentary: Corn Touches $6.30 and Wheat Hits Trendline; New Highs for Hogs

The CBOT saw the continued influence of fund managers and investors looking to bull spread commodities against equities, as well as the impact of (continually) escalating tensions between Russia and everyone else. Wheat futures rallied 15+ cents again Tuesday with short covering accelerating as...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

livestock

December Cold Storage Report

December total red meat and poultry stocks were up from November but remained down 11.2 percent from December 2020. Once again, total pork and poultry stocks posted five-year lows in this month's report. The surprises this month were from persistently low pork and chicken stocks (especially chi...

feed-grains soy-oilseeds wheat

Market Commentary: Wheat, Corn Rally After No Diplomatic Progress; Hogs Post New Highs While Cattle Falter

As expected, the weekend’s developments in the Black Sea drove market action to start the week. Over the weekend, U.S. and Russian diplomats ended discussions in a stalemate and the State Department urged U.S. citizens to avoid travel to Ukraine and Russia. Later, the U.S. ordered nonesse...

Biofuels

Biofuels

biofuel

RINs Rumors and Fuel Use Outlook

Ethanol RINs dropped this week on news reports that EPA might consider lowering the 15 billion gallon required volume obligation (RVO) for 2022. This came after two months of steady increases based on a bright outlook for retail motor fuel use this year. Recall on 7 December, the Administration...

biofuel

EPA Renewable Fuels Coming Regulations and Canola Trade

On 7 December, EPA announced its proposed required volume obligations (RVO) rules which gained much attention. What gained less attention was the regulatory agenda related to renewable fuels that it also announced in December.   The 2023 RVO’s, proposed this spring, will be the...

biofuel

Taking a Closer Look at a Few Details About the RVOs

There was a lot to sort through on Tuesday’s RVO announcement. Below is a look at some key issues.  SREs: There has been a lot of media coverage implying that the EPA will deny all pending small refinery exemption (SRE) requests. But as we wrote on 7 December, that action would be&nb...

biofuel

RINs Rumors and Fuel Use Outlook

Ethanol RINs dropped this week on news reports that EPA might consider lowering the 15 billion gallon required volume obligation (RVO) for 2022. This came after two months of steady increases based on a bright outlook for retail motor fuel use this year. Recall on 7 December, the Administration...

biofuel

EPA Renewable Fuels Coming Regulations and Canola Trade

On 7 December, EPA announced its proposed required volume obligations (RVO) rules which gained much attention. What gained less attention was the regulatory agenda related to renewable fuels that it also announced in December.   The 2023 RVO’s, proposed this spring, will be the...

biofuel

Taking a Closer Look at a Few Details About the RVOs

There was a lot to sort through on Tuesday’s RVO announcement. Below is a look at some key issues.  SREs: There has been a lot of media coverage implying that the EPA will deny all pending small refinery exemption (SRE) requests. But as we wrote on 7 December, that action would be&nb...

biofuel

Retro RVOs May Disappoint, but 2022 RVO Bullish Corn and Veg Oil

EPA released its 2022 proposed required volume obligations (RVO) under the RFS along with the retroactive 2021 volumes and an adjustment to the 2020 volumes.   EPA is also proposing to add a 250-million-gallon “supplemental obligation” to the volumes proposed for 2022 and...

Farm Inputs

Farm Inputs

farm-inputs

Eye on Weather for 2022 Considering Fertilizer Prices

There has been much discussion and focus on the weather conditions in South America, and Brazil in particular where it has been dry across the central and southern parts of the country. Heavy rains are also causing crop loss in some of the northern areas. The forecast is for more La Nina effect...

farm-inputs

Africa Already Green

When the EU and the African Union meet in February, Brussels will reportedly encourage the AU to adopt Europe’s Green Deal/Farm to Fork strategy in agriculture, which involves 50 percent reduction in the use of pesticides, plus a 20 percent reduction in fertilizer. Europe already uses 20...

farm-inputs

Changes in Chemical Usage

The U.S./Canada and Europe have increased pesticide usage only slightly over the past two decades whereas South America’s usage has grown by almost 120 percent. Africa’s pesticide usage in agriculture has grown by nearly 69 percent, but from a very small base. Asia is the dominant a...

farm-inputs

Eye on Weather for 2022 Considering Fertilizer Prices

There has been much discussion and focus on the weather conditions in South America, and Brazil in particular where it has been dry across the central and southern parts of the country. Heavy rains are also causing crop loss in some of the northern areas. The forecast is for more La Nina effect...

farm-inputs

Africa Already Green

When the EU and the African Union meet in February, Brussels will reportedly encourage the AU to adopt Europe’s Green Deal/Farm to Fork strategy in agriculture, which involves 50 percent reduction in the use of pesticides, plus a 20 percent reduction in fertilizer. Europe already uses 20...

farm-inputs

Changes in Chemical Usage

The U.S./Canada and Europe have increased pesticide usage only slightly over the past two decades whereas South America’s usage has grown by almost 120 percent. Africa’s pesticide usage in agriculture has grown by nearly 69 percent, but from a very small base. Asia is the dominant a...

feed-grains soy-oilseeds wheat

Worsening Food Prices

Key agricultural commodity prices have risen sharply over the past two years, some reaching their highest level in a decade (see graph below). Now the UN says that climate change could cause production to fall 30 percent at the same time food demand is forecast to rise by 50 percent. The cautio...

Equities

Equities

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $4.2375/bushel, up $0.03 from yesterday's close.  Mar 21 Wheat closed at $5.885/bushel, up $0.1125 from yesterday's close.  Jan 21 Soybeans closed at $11.53/bushel, down $0.09 from yesterday's close.  Jan 21 Soymeal closed at $385.6/short ton, down $4.6 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.1625/bushel, up $0.0575 from yesterday's close.  Dec 20 Wheat closed at $5.98/bushel, up $0.045 from yesterday's close.  Jan 21 Soybeans closed at $11.535/bushel, up $0.055 from yesterday's close.  Dec 20 Soymeal closed at $389.3/short ton, up $1.2 from y...

equities

Historical Coronavirus Impacts

While agricultural commodity values have been adversely impacted by the latest coronavirus afflicting human populations, it has been nothing like the beating being taken by the equities markets. In both cases there is a view that the selloff has been exaggerated. In the parlance of Chicago, ove...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $4.2375/bushel, up $0.03 from yesterday's close.  Mar 21 Wheat closed at $5.885/bushel, up $0.1125 from yesterday's close.  Jan 21 Soybeans closed at $11.53/bushel, down $0.09 from yesterday's close.  Jan 21 Soymeal closed at $385.6/short ton, down $4.6 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.1625/bushel, up $0.0575 from yesterday's close.  Dec 20 Wheat closed at $5.98/bushel, up $0.045 from yesterday's close.  Jan 21 Soybeans closed at $11.535/bushel, up $0.055 from yesterday's close.  Dec 20 Soymeal closed at $389.3/short ton, up $1.2 from y...

equities

Historical Coronavirus Impacts

While agricultural commodity values have been adversely impacted by the latest coronavirus afflicting human populations, it has been nothing like the beating being taken by the equities markets. In both cases there is a view that the selloff has been exaggerated. In the parlance of Chicago, ove...

feed-grains soy-oilseeds wheat

Market Commentary

President Trump’s Twitter account was in overdrive this morning as he lashed out at China in a series of tweets, including a note that U.S. companies are “hereby ordered” to find alternatives to that country. This could be part of a bizarre negotiating strategy, a knee-jerk re...

Energy

Energy

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.21/bushel, up $0.0475 from yesterday's close.  Mar 22 Wheat closed at $8.005/bushel, up $0.205 from yesterday's close.  Mar 22 Soybeans closed at $14.03/bushel, down $0.1125 from yesterday's close.  Mar 22 Soymeal closed at $393.9/short ton, up $1.2 from...

energy

Record 2023 Crude Oil and Natural Gas Production Forecast

Thinking back a little more than a decade ago, the Obama Administration proposed the “cap and trade” energy policy to develop more alternative sources of energy. That plan ultimately went nowhere but compared to the current Biden Administration energy policy approach, it was a more...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.2/bushel, down $0.01 from yesterday's close.  Mar 22 Wheat closed at $8.18/bushel, up $0.175 from yesterday's close.  Mar 22 Soybeans closed at $14.0725/bushel, up $0.0425 from yesterday's close.  Mar 22 Soymeal closed at $392/short ton, down $1.9 from ye...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.21/bushel, up $0.0475 from yesterday's close.  Mar 22 Wheat closed at $8.005/bushel, up $0.205 from yesterday's close.  Mar 22 Soybeans closed at $14.03/bushel, down $0.1125 from yesterday's close.  Mar 22 Soymeal closed at $393.9/short ton, up $1.2 from...

energy

Record 2023 Crude Oil and Natural Gas Production Forecast

Thinking back a little more than a decade ago, the Obama Administration proposed the “cap and trade” energy policy to develop more alternative sources of energy. That plan ultimately went nowhere but compared to the current Biden Administration energy policy approach, it was a more...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 22 Corn closed at $6.1625/bushel, up $0.0525 from yesterday's close.  Mar 22 Wheat closed at $7.8/bushel, down $0.1025 from yesterday's close.  Mar 22 Soybeans closed at $14.1425/bushel, down $0.115 from yesterday's close.  Mar 22 Soymeal closed at $392.7/short ton, down $8.1...

Softs

Softs

softs

Perk up Attention

Exports point to climate change as the cause of the plateauing in global crop production but no where is it more apparent than in coffee production. Brazil is responsible for 40 percent of global coffee production and around 31 percent of global trade. This year, Brazil’s coffee exports w...

softs

How Sweet it Isn’t

In the past three years, India has switched from being the number four exporter of sugar in the world to number two. Over the past dozen years, its domestic production has grown by 56 percent, but its exports have exploded by 229 percent. It turns out there is a reason. In a WTO challenge by Au...

softs

Potato Trade Grows

Potatoes have taken a dietary beating for being a basic starch that raises blood sugar as fast as pure glucose. By contrast, whole wheat contains complex starch, plus protein and some fiber. However, potatoes may have high bioavailability of certain vitamins and minerals, plus other health bene...

softs

Perk up Attention

Exports point to climate change as the cause of the plateauing in global crop production but no where is it more apparent than in coffee production. Brazil is responsible for 40 percent of global coffee production and around 31 percent of global trade. This year, Brazil’s coffee exports w...

softs

How Sweet it Isn’t

In the past three years, India has switched from being the number four exporter of sugar in the world to number two. Over the past dozen years, its domestic production has grown by 56 percent, but its exports have exploded by 229 percent. It turns out there is a reason. In a WTO challenge by Au...

softs

Potato Trade Grows

Potatoes have taken a dietary beating for being a basic starch that raises blood sugar as fast as pure glucose. By contrast, whole wheat contains complex starch, plus protein and some fiber. However, potatoes may have high bioavailability of certain vitamins and minerals, plus other health bene...

softs

Cotton Beats Wheat

There is much consternation over the fact that global stocks-to-use in wheat is down to 12.5 percent and as a result, the price of the March SRW contract is up 65 percent. Yet the price on the December cotton contract is up 120 percent from its low. Cotton is not essential for the food supply...

Macroeconomics

Misleading Farm Statistics; Regulatory Loophole; Plurilateral Solution in Geneva

Misleading Farm Statistics Jonathan Kanter, the Biden Administration’s Assistant Attorney General overseeing the Antitrust Division, told the New York Bar Association that he intends to “reinvigorate” the Justice Department’s antitrust law enforcement. His “All-of-...

Fossil Fuel Foibles; Broken Mirrors; Biden on Asia; Threats on the Farm

Fossil Fuel Foibles Fossil fuels and agriculture are highly integrated, including via fuel, chemical inputs, and commodity fund valuations. Thus, it is important to watch climate campaigners attempting to use regulatory approaches toward reducing U.S. carbon emissions. Biden Administration appo...

Problem Off the Farm

COVID revealed the raw underbelly of the U.S. food manufacturing industry. While politicians are blaming consolidation and greed for the disrupted supply chain and skyrocketing food inflation, the industry’s problems are far more complex than the sound bites produced in Washington. In sum...

Misleading Farm Statistics; Regulatory Loophole; Plurilateral Solution in Geneva

Misleading Farm Statistics Jonathan Kanter, the Biden Administration’s Assistant Attorney General overseeing the Antitrust Division, told the New York Bar Association that he intends to “reinvigorate” the Justice Department’s antitrust law enforcement. His “All-of-...

Fossil Fuel Foibles; Broken Mirrors; Biden on Asia; Threats on the Farm

Fossil Fuel Foibles Fossil fuels and agriculture are highly integrated, including via fuel, chemical inputs, and commodity fund valuations. Thus, it is important to watch climate campaigners attempting to use regulatory approaches toward reducing U.S. carbon emissions. Biden Administration appo...

Problem Off the Farm

COVID revealed the raw underbelly of the U.S. food manufacturing industry. While politicians are blaming consolidation and greed for the disrupted supply chain and skyrocketing food inflation, the industry’s problems are far more complex than the sound bites produced in Washington. In sum...

WTF Trade Policy; Transatlanticism

WTF Trade Policy USTR Katherine Tai spoke to other leaders at the World Economic Forum this week and made the following comments: Rather than seeking a return to the pre-pandemic global trading system, the goal should be to create a better one that reflects President Biden’s “worke...

Pulses

Year of the Pulse

The International Grains Council (IGC) announced that it will include pulses in its definition of grains and expand market information on these products. Trade in pulses has been increasing as they grow in stature as a staple food and plant-based protein. The pod-based seeds of the legume famil...

livestock

An IPO-Level Look at the Veggie Burger Sector

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which would raise $175 million at the mid-point price. The company’s cornerstone product is the Beyond Burger, which is now available at a nu...

softs soy-oilseeds wheat

Indian Subcontinent Regional Analysis

Higher Early Sugar Production and Slow Exports Could Pressure Prices Due to the early start of the 2018/19 sugarcane crushing season, Indian sugar mills were able to produce 21.93 MMT of sugar as of 15 February 2019 versus 20.36 MMT at the same point a year ago, an increase of 7.71 percent. Ano...

Year of the Pulse

The International Grains Council (IGC) announced that it will include pulses in its definition of grains and expand market information on these products. Trade in pulses has been increasing as they grow in stature as a staple food and plant-based protein. The pod-based seeds of the legume famil...

livestock

An IPO-Level Look at the Veggie Burger Sector

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which would raise $175 million at the mid-point price. The company’s cornerstone product is the Beyond Burger, which is now available at a nu...

softs soy-oilseeds wheat

Indian Subcontinent Regional Analysis

Higher Early Sugar Production and Slow Exports Could Pressure Prices Due to the early start of the 2018/19 sugarcane crushing season, Indian sugar mills were able to produce 21.93 MMT of sugar as of 15 February 2019 versus 20.36 MMT at the same point a year ago, an increase of 7.71 percent. Ano...

softs feed-grains

Indian Subcontinent Regional Analysis

Sugar Production Estimates Lowered Based on new satellite survey data from the Indian Sugar Mills Association’s (ISMA’s) satellite survey of sugarcane plantings, the sugar production estimate has been decreased from 31.5 MMT to 30.7 MMT. That is 4.3 MMT or 12.28 percent lower than t...

Freight

FOB Prices and Freight Rate App (Updated 21 January)

Ocean Freight Comments - 21 January 2022 By Jay O'Neil Commodity Consulting This is certainly not the way vessel owners expected early 2022 markets to play out. The Capesize index has lost 90% of its value since last October as slack cargo demand and nervous FFA paper traders are not supporting...

Interactive Ocean Freight Rates (Updated 21 January)

Ocean Freight Comments - 20 January 2022 By Jay O'Neil Commodity Consulting This is certainly not the way vessel owners expected early 2022 markets to play out. The Capesize index has lost 90% of its value since last October as slack cargo demand and nervous FFA paper traders are not supporting...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Egypt’s Agricultural Bank is putting up EGP 4 billion (about U.S. $254 million) “to mitigate the negative effects of the coronavirus pandemic”. All accounts with debts and defaults up to EGP 100,000 (U.S. $6,400) in...

FOB Prices and Freight Rate App (Updated 21 January)

Ocean Freight Comments - 21 January 2022 By Jay O'Neil Commodity Consulting This is certainly not the way vessel owners expected early 2022 markets to play out. The Capesize index has lost 90% of its value since last October as slack cargo demand and nervous FFA paper traders are not supporting...

Interactive Ocean Freight Rates (Updated 21 January)

Ocean Freight Comments - 20 January 2022 By Jay O'Neil Commodity Consulting This is certainly not the way vessel owners expected early 2022 markets to play out. The Capesize index has lost 90% of its value since last October as slack cargo demand and nervous FFA paper traders are not supporting...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA  Egypt’s Agricultural Bank is putting up EGP 4 billion (about U.S. $254 million) “to mitigate the negative effects of the coronavirus pandemic”. All accounts with debts and defaults up to EGP 100,000 (U.S. $6,400) in...

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...

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