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Feed Grains

Feed Grains

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

PM Post - Both Sides of Unchanged

THE OPEN March beans: 19 higher March meal:  5.90 higher March soyoil:  120 higher March corn:  11 higher March wheat:  4 3/4 higher The markets opened as called but swiftly traded both sides of unchanged with wheat futures leading the way lower.  The business announcem...

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

PM Post - Both Sides of Unchanged

THE OPEN March beans: 19 higher March meal:  5.90 higher March soyoil:  120 higher March corn:  11 higher March wheat:  4 3/4 higher The markets opened as called but swiftly traded both sides of unchanged with wheat futures leading the way lower.  The business announcem...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets, 18-22 January 2021 The Russian domestic market prices followed the same pattern as the week before with little movement, increasing mainly in the southern region. The updated grain export duties order was signed on 23 January and the market hasn’t yet reacted to the...

Soy & Oilseeds

Soy & Oilseeds

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

soy-oilseeds

Canola Has Further to Climb

March canola oil closed at a new contract high today of $717.40/MT. IMF data shows global vegetable oil prices moving higher and canola oil likely still has further to climb. Overall rapeseed oil prices are responding to the tightening in global stocks. Global rapeseed oil stocks are 7.6 percen...

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

soy-oilseeds

Canola Has Further to Climb

March canola oil closed at a new contract high today of $717.40/MT. IMF data shows global vegetable oil prices moving higher and canola oil likely still has further to climb. Overall rapeseed oil prices are responding to the tightening in global stocks. Global rapeseed oil stocks are 7.6 percen...

feed-grains soy-oilseeds wheat

PM Post - Both Sides of Unchanged

THE OPEN March beans: 19 higher March meal:  5.90 higher March soyoil:  120 higher March corn:  11 higher March wheat:  4 3/4 higher The markets opened as called but swiftly traded both sides of unchanged with wheat futures leading the way lower.  The business announcem...

Wheat

Wheat

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

PM Post - Both Sides of Unchanged

THE OPEN March beans: 19 higher March meal:  5.90 higher March soyoil:  120 higher March corn:  11 higher March wheat:  4 3/4 higher The markets opened as called but swiftly traded both sides of unchanged with wheat futures leading the way lower.  The business announcem...

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

PM Post - Both Sides of Unchanged

THE OPEN March beans: 19 higher March meal:  5.90 higher March soyoil:  120 higher March corn:  11 higher March wheat:  4 3/4 higher The markets opened as called but swiftly traded both sides of unchanged with wheat futures leading the way lower.  The business announcem...

feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets, 18-22 January 2021 The Russian domestic market prices followed the same pattern as the week before with little movement, increasing mainly in the southern region. The updated grain export duties order was signed on 23 January and the market hasn’t yet reacted to the...

Livestock

Livestock

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

Market Commentary: Export Demand and Fund Buying Lifts CBOT

Export demand and a resurgence of fund buying sent CBOT corn, wheat, and soy complex futures sharply higher on Tuesday. The recent correction, whether driven by Chinese fund liquidation, margin calls, or profit taking, looks to have done its job of chasing out weak longs and stimulating commerc...

feed-grains soy-oilseeds wheat

Market Commentary: China Buying Sends Corn to Contract High; Livestock Futures Retreat

CBOT markets continue to rebound from last week’s selloff with soyoil leading the way and corn posting a new contract high overnight. Canola futures rallied again to new contract highs, which helped the CBOT soy complex firm on Wednesday. Wheat was the laggard of the CBOT with traders usi...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

Market Commentary: Export Demand and Fund Buying Lifts CBOT

Export demand and a resurgence of fund buying sent CBOT corn, wheat, and soy complex futures sharply higher on Tuesday. The recent correction, whether driven by Chinese fund liquidation, margin calls, or profit taking, looks to have done its job of chasing out weak longs and stimulating commerc...

livestock

January Cold Storage Report

  The January Cold Storage report continues to reflect the impact of surprisingly strong domestic and export demand for pork while covid-19 related restaurant lockdowns restrict chicken breast demand.  Total meat and poultry supplies are down 10.7 percent from 2019, with total beef st...

Biofuels

Biofuels

biofuel energy

COVID Impact on Ethanol Triggered Thinking on Long Term Ethanol Demand

The current renewable fuel standard (RFS) went into place in 2008 after the legislation was passed in the 2007 Energy Independence and Security Act (EISA); that bill raised the biofuel obligations from the original 2005 Energy Policy Act’s initial RFS. Of course, COVID in 2020 had a major...

feed-grains soy-oilseeds wheat

Ag Review - December 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at global food supplies, the direction of the diesel market, Russia’s crop production, the future of agribusiness under the new Biden Administration, an analysis of market...

biofuel

Heads Up: 2021 RVO for Biofuels is Coming

We previously reported that the Trump Administration EPA would likely “punt” on issuing the 2021 required volume obligations (RVOs) rule and leave it to the incoming Biden EPA. Specifically, we speculated that “a retroactive 2021 RVO would be issued next spring/summer” b...

biofuel energy

COVID Impact on Ethanol Triggered Thinking on Long Term Ethanol Demand

The current renewable fuel standard (RFS) went into place in 2008 after the legislation was passed in the 2007 Energy Independence and Security Act (EISA); that bill raised the biofuel obligations from the original 2005 Energy Policy Act’s initial RFS. Of course, COVID in 2020 had a major...

feed-grains soy-oilseeds wheat

Ag Review - December 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at global food supplies, the direction of the diesel market, Russia’s crop production, the future of agribusiness under the new Biden Administration, an analysis of market...

biofuel

Heads Up: 2021 RVO for Biofuels is Coming

We previously reported that the Trump Administration EPA would likely “punt” on issuing the 2021 required volume obligations (RVOs) rule and leave it to the incoming Biden EPA. Specifically, we speculated that “a retroactive 2021 RVO would be issued next spring/summer” b...

biofuel

Diesel Market Slowly Returning to Balance

According to the U.S. Energy Information Administration, at the end of November, U.S. distillate inventories fell to 145.8 million barrels, which was back within the previous five-year (2015–19) range for the first time since 8 May. Diesel demand dropped to its low the most in June and fu...

Farm Inputs

Farm Inputs

farm-inputs wheat

AM Outlook - Overbought?

GOOD MORNING, Prices are higher across the board this morning as beans and soyoil place new contract highs for the week, continuing strong up-trends.  Crude oil is firmer, which underpins the soyoil market, though Asian values are a bit lower this AM.  Higher world vegoil markets in t...

farm-inputs

Exporting Water

The latest mantra from development specialists is concern about the future availability of water. It is an old topic but a durable one given the preciousness of the resource. Since 70 percent of the withdrawals of freshwater around the world are for agriculture, and 60 percent more food must be...

farm-inputs

Green on Black Equals Red; Fake Honey

Green Impact on Black Equals Red Activists in Europe are protesting against today’s “Black Friday” shopping extravaganza. They argue that the environmental externalities of consumerism will destroy the planet. This begs the question of whether commercial minimalism will destro...

farm-inputs wheat

AM Outlook - Overbought?

GOOD MORNING, Prices are higher across the board this morning as beans and soyoil place new contract highs for the week, continuing strong up-trends.  Crude oil is firmer, which underpins the soyoil market, though Asian values are a bit lower this AM.  Higher world vegoil markets in t...

farm-inputs

Exporting Water

The latest mantra from development specialists is concern about the future availability of water. It is an old topic but a durable one given the preciousness of the resource. Since 70 percent of the withdrawals of freshwater around the world are for agriculture, and 60 percent more food must be...

farm-inputs

Green on Black Equals Red; Fake Honey

Green Impact on Black Equals Red Activists in Europe are protesting against today’s “Black Friday” shopping extravaganza. They argue that the environmental externalities of consumerism will destroy the planet. This begs the question of whether commercial minimalism will destro...

farm-inputs wheat

Technical Views - Meal Correction Upwards

SPREADS September KC/Chicago spreads moved to new contract lows yesterday.  KC wheat/corn spreads moved back to levels conducive to putting HRW back into feed.  October crush firms to 1.07c/bu while oilshare firms to new highs at 33 percent.   Dec/March corn trades from 10c...

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 21 Corn closed at $5.115/bushel, up $0.11 from yesterday's close.  Mar 21 Wheat closed at $6.485/bushel, up $0.14 from yesterday's close.  Mar 21 Soybeans closed at $13.435/bushel, up $0.3175 from yesterday's close.  Mar 21 Soymeal closed at $429.6/short ton, up $8 from yeste...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $5.005/bushel, down $0.2375 from yesterday's close.  Mar 21 Wheat closed at $6.345/bushel, down $0.2625 from yesterday's close.  Mar 21 Soybeans closed at $13.1175/bushel, down $0.585 from yesterday's close.  Mar 21 Soymeal closed at $421.6/short ton, down $...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $5.2425/bushel, up $0.0225 from yesterday's close.  Mar 21 Wheat closed at $6.6075/bushel, down $0.07 from yesterday's close.  Mar 21 Soybeans closed at $13.7025/bushel, up $0.0075 from yesterday's close.  Mar 21 Soymeal closed at $438.2/short ton, down $4.2...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $5.115/bushel, up $0.11 from yesterday's close.  Mar 21 Wheat closed at $6.485/bushel, up $0.14 from yesterday's close.  Mar 21 Soybeans closed at $13.435/bushel, up $0.3175 from yesterday's close.  Mar 21 Soymeal closed at $429.6/short ton, up $8 from yeste...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $5.005/bushel, down $0.2375 from yesterday's close.  Mar 21 Wheat closed at $6.345/bushel, down $0.2625 from yesterday's close.  Mar 21 Soybeans closed at $13.1175/bushel, down $0.585 from yesterday's close.  Mar 21 Soymeal closed at $421.6/short ton, down $...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $5.2425/bushel, up $0.0225 from yesterday's close.  Mar 21 Wheat closed at $6.6075/bushel, down $0.07 from yesterday's close.  Mar 21 Soybeans closed at $13.7025/bushel, up $0.0075 from yesterday's close.  Mar 21 Soymeal closed at $438.2/short ton, down $4.2...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 21 Corn closed at $5.22/bushel, down $0.04 from yesterday's close.  Mar 21 Wheat closed at $6.6775/bushel, down $0.045 from yesterday's close.  Mar 21 Soybeans closed at $13.695/bushel, down $0.1625 from yesterday's close.  Mar 21 Soymeal closed at $442.4/short ton, down $8.1...

Softs

Softs

softs

2021 Sour Domestic Sugar Outlook

The MY 2020/21 outlook for sugar is for more domestic production and a reduction in imports, but with lower deliveries and increasing year-end stocks. Beet sugar production is up 133,662 short tons – raw value (STRV) based on higher extraction rates in Minnesota and North Dakota. Cane pro...

softs

Agriculture and RCEP

Asian leaders gather this Sunday to hopefully put the final touches on a trade agreement called the Regional Comprehensive Economic Partnership (RCEP). The negotiations have taken eight years and, as usual, the word comprehensive does not apply to agriculture. Likely exempt from tariff reductio...

feed-grains soy-oilseeds wheat

CFTC Approves Commodity Position Limits

One common thread running through part of the history of grain trading has been the subject of federally set limits on the size of positions that a trader could hold in grain and oilseed futures and options. On 15 October, the CFTC finally approved a new rule regarding commodity position limits...

softs

2021 Sour Domestic Sugar Outlook

The MY 2020/21 outlook for sugar is for more domestic production and a reduction in imports, but with lower deliveries and increasing year-end stocks. Beet sugar production is up 133,662 short tons – raw value (STRV) based on higher extraction rates in Minnesota and North Dakota. Cane pro...

softs

Agriculture and RCEP

Asian leaders gather this Sunday to hopefully put the final touches on a trade agreement called the Regional Comprehensive Economic Partnership (RCEP). The negotiations have taken eight years and, as usual, the word comprehensive does not apply to agriculture. Likely exempt from tariff reductio...

feed-grains soy-oilseeds wheat

CFTC Approves Commodity Position Limits

One common thread running through part of the history of grain trading has been the subject of federally set limits on the size of positions that a trader could hold in grain and oilseed futures and options. On 15 October, the CFTC finally approved a new rule regarding commodity position limits...

softs

Could Be More Bearish

Trading grain is not as sexy now as it was back in 2007-2008, but it could be worse. Orange juice futures were a big deal in 1983 when the movie Trading Places was a Hollywood hit but the underlying commodity has been falling out of favor in recent years. Global production and trade have been t...

Macroeconomics

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

Market Commentary: Export Demand and Fund Buying Lifts CBOT

Export demand and a resurgence of fund buying sent CBOT corn, wheat, and soy complex futures sharply higher on Tuesday. The recent correction, whether driven by Chinese fund liquidation, margin calls, or profit taking, looks to have done its job of chasing out weak longs and stimulating commerc...

soy-oilseeds

Coproduct Gets Dissed

Global oilseed demand has been robust, growing by nearly a third over the past decade. Yet global cottonseed production has been flat to declining. By contrast, U.S. cottonseed production has been erratic, with a forecasted drop in output in MY 2020/21 after rising sharply in the mid-2000&rsquo...

feed-grains soy-oilseeds wheat

China In-Country Analysis

Macro Trends China’s Ag Investment Lags, Slows Rural Development Goals As reported by the China rural economy blog, Dims Sums, the central government is desperately seeking to increase investment in the ag sector to prop up rural economies. China’s Ministry of Agriculture and Rural...

feed-grains soy-oilseeds wheat

Market Commentary: Export Demand and Fund Buying Lifts CBOT

Export demand and a resurgence of fund buying sent CBOT corn, wheat, and soy complex futures sharply higher on Tuesday. The recent correction, whether driven by Chinese fund liquidation, margin calls, or profit taking, looks to have done its job of chasing out weak longs and stimulating commerc...

soy-oilseeds

Coproduct Gets Dissed

Global oilseed demand has been robust, growing by nearly a third over the past decade. Yet global cottonseed production has been flat to declining. By contrast, U.S. cottonseed production has been erratic, with a forecasted drop in output in MY 2020/21 after rising sharply in the mid-2000&rsquo...

softs

2021 Sour Domestic Sugar Outlook

The MY 2020/21 outlook for sugar is for more domestic production and a reduction in imports, but with lower deliveries and increasing year-end stocks. Beet sugar production is up 133,662 short tons – raw value (STRV) based on higher extraction rates in Minnesota and North Dakota. Cane pro...

Pulses

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...

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...

wheat feed-grains soy-oilseeds

Indian Subcontinent Regional Analysis

Rabi Sowing Down As of 18 January 2019, the total rabi planted area was down 4.8 percent versus 2017/18. While wheat is among the crops affected, pulses and coarse cereals, most especially pearl millet, are down significantly (see table below). The overal oilseed area has been good, however, as...

Freight

FOB Prices and Freight Rate App (Updated 26 January)

Ocean Freight Comments - 21 January 2021 By Jay O'Neil Commodity Consulting Dry-bulk freight markets played their normal game this week; indices and rates were up for the first three business days and then ran into selling pressure and scaled back from the highs at weeks end. Overall, markets a...

Interactive Ocean Freight Rates (Updated 26 January)

Ocean Freight Comments - 21 January 2021 By Jay O'Neil Commodity Consulting Dry-bulk freight markets played their normal game this week; indices and rates were up for the first three business days and then ran into selling pressure and scaled back from the highs at weeks end. Overall, market...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Reports in Nigeria say that some imported maize has arrived but that the moisture content is too high for immediate use in poultry feed. A total of 262,000 MT of maize was allowed to be imported and has arrived. Syria’s Economy Minis...

FOB Prices and Freight Rate App (Updated 26 January)

Ocean Freight Comments - 21 January 2021 By Jay O'Neil Commodity Consulting Dry-bulk freight markets played their normal game this week; indices and rates were up for the first three business days and then ran into selling pressure and scaled back from the highs at weeks end. Overall, markets a...

Interactive Ocean Freight Rates (Updated 26 January)

Ocean Freight Comments - 21 January 2021 By Jay O'Neil Commodity Consulting Dry-bulk freight markets played their normal game this week; indices and rates were up for the first three business days and then ran into selling pressure and scaled back from the highs at weeks end. Overall, market...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Reports in Nigeria say that some imported maize has arrived but that the moisture content is too high for immediate use in poultry feed. A total of 262,000 MT of maize was allowed to be imported and has arrived. Syria’s Economy Minis...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA Egypt’s Consumer Price Index for “urban consumers” is said to have increased 3.8 percent in August with the year to date increase at 107.5 percent. In the past month meat and poultry prices have moved lower while cereals...

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