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Recent Market Analysis

Feed Grains

Feed Grains

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 16 September 2019:  Data is updated through USDA's latest report.  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 16 September 2019:  Data is updated through USDA's latest report.  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans  Last week was special as China suddenly allowed an unspecified volume of U.S. soybeans to be imported without their recent tariffs. The quota was different than previous ones as it applied to private companies as well as the state-owned COFCO and Sino Grain.  China’s p...

Soy & Oilseeds

Soy & Oilseeds

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 16 September 2019:  Data is updated through USDA's latest report.  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 16 September 2019:  Data is updated through USDA's latest report.  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans  Last week was special as China suddenly allowed an unspecified volume of U.S. soybeans to be imported without their recent tariffs. The quota was different than previous ones as it applied to private companies as well as the state-owned COFCO and Sino Grain.  China’s p...

Wheat

Wheat

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 16 September 2019:  Data is updated through USDA's latest report.  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

WPI Crop Progress and Conditions App (Updated 16 September)

Update for 16 September 2019:  Data is updated through USDA's latest report.  The app contains a large volume of data, so please be patient while it loads.  Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

Soybeans  Last week was special as China suddenly allowed an unspecified volume of U.S. soybeans to be imported without their recent tariffs. The quota was different than previous ones as it applied to private companies as well as the state-owned COFCO and Sino Grain.  China’s p...

Livestock

Livestock

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

livestock

China Opens to U.S. Pork

China’s announcement last week that it would not add punitive tariffs on imports of pork from the U.S. was largely a necessary self-restraint. With nearly one third of the domestic herd culled and prices 40 percent higher, China has increased its pork import purchases. Key suppliers are t...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

livestock

China Opens to U.S. Pork

China’s announcement last week that it would not add punitive tariffs on imports of pork from the U.S. was largely a necessary self-restraint. With nearly one third of the domestic herd culled and prices 40 percent higher, China has increased its pork import purchases. Key suppliers are t...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.6875/bushel, up $0.015 from yesterday's close.  Dec 19 Wheat closed at $4.835/bushel, down $0.0025 from yesterday's close.  Nov 19 Soybeans closed at $8.9875/bushel, up $0.0325 from yesterday's close.  Dec 19 Soymeal closed at $301.5/short ton, up $0.2 fr...

Biofuels

Biofuels

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

biofuel

Big Boost for Ethanol Coming?

Two events have the attention of the ethanol market: the drone attack on the Saudi oil fields and the expected announcement from the Administration on the 2020 required volume obligation (RVO) to offset the exempted fuels under the small refinery waivers. First, the Saudi situation. Over the we...

biofuel

Another 1 Billion Gallons to the 2020 RVO?

The ethanol saga continues. After White House meetings yesterday, some details are being leaked on a potential “fix” to the small refinery exemption (SRE) impact on biofuel volumes. Initial reports from the meetings indicated that SREs were not going away, then subsequent reports to...

feed-grains soy-oilseeds wheat

Market Commentary

The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...

biofuel

Big Boost for Ethanol Coming?

Two events have the attention of the ethanol market: the drone attack on the Saudi oil fields and the expected announcement from the Administration on the 2020 required volume obligation (RVO) to offset the exempted fuels under the small refinery waivers. First, the Saudi situation. Over the we...

biofuel

Another 1 Billion Gallons to the 2020 RVO?

The ethanol saga continues. After White House meetings yesterday, some details are being leaked on a potential “fix” to the small refinery exemption (SRE) impact on biofuel volumes. Initial reports from the meetings indicated that SREs were not going away, then subsequent reports to...

biofuel

White House Trouble with RFS Math

On 30 August, WPI reported on the President’s plan for a “giant package” of biofuel initiatives that would make farmers “so happy” (click here).  After a White House meeting yesterday with USDA and EPA, that plan may be announced next week with the President u...

Farm Inputs

Farm Inputs

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...

feed-grains soy-oilseeds wheat

Market Commentary

Weather forecasts run yesterday afternoon and evening continue to show a drying trend across the Corn Belt, which led futures lower overnight. The worst of the planting-delaying weather seems to be over, and fresh forecasts are broadly encouraging. Overnight pressure also came from news that ho...

feed-grains soy-oilseeds wheat

Market Commentary

Overnight trade featured prices on both sides of unchanged in heavy volume (well, heavy for an overnight session). Corn attempted to break below yesterday’s low but failed, which brought more buying heading into the morning. At the close, corn, soybean and wheat futures were all higher. T...

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...

feed-grains soy-oilseeds wheat

Market Commentary

Weather forecasts run yesterday afternoon and evening continue to show a drying trend across the Corn Belt, which led futures lower overnight. The worst of the planting-delaying weather seems to be over, and fresh forecasts are broadly encouraging. Overnight pressure also came from news that ho...

feed-grains soy-oilseeds wheat

Market Commentary

Overnight trade featured prices on both sides of unchanged in heavy volume (well, heavy for an overnight session). Corn attempted to break below yesterday’s low but failed, which brought more buying heading into the morning. At the close, corn, soybean and wheat futures were all higher. T...

wheat soy-oilseeds feed-grains

Black Sea Regional Analysis

Russian Grain Markets: 18-22 March 2019 Prices on the domestic market again declined in RUB expression but moved in different directions in USD expression. Meanwhile, the average milling wheat export price rose $4/MT to $228/MT FOB Black Sea, while purchase prices remained unchanged in RUB expr...

Equities

Equities

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...

feed-grains soy-oilseeds wheat

Market Commentary

The markets are in the sweet spot where buyers and sellers are in agreement, and thus both bulls and bears can be dissatisfied by the stability of prices. The Pro Farmer tour wraps up today and reports its results tomorrow, but even its news has a bland taste. It has found areas of concern in t...

feed-grains soy-oilseeds wheat

Market Commentary

Much like yesterday, today’s trading was dominated by crop tour yield numbers, good weather forecasts, and continued pressure on world wheat values. The soy complex managed to post solid gains, but wheat led corn lower amid significant spread trading. Funds are thought to be flat corn whi...

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...

feed-grains soy-oilseeds wheat

Market Commentary

The markets are in the sweet spot where buyers and sellers are in agreement, and thus both bulls and bears can be dissatisfied by the stability of prices. The Pro Farmer tour wraps up today and reports its results tomorrow, but even its news has a bland taste. It has found areas of concern in t...

feed-grains soy-oilseeds wheat

Market Commentary

Much like yesterday, today’s trading was dominated by crop tour yield numbers, good weather forecasts, and continued pressure on world wheat values. The soy complex managed to post solid gains, but wheat led corn lower amid significant spread trading. Funds are thought to be flat corn whi...

feed-grains soy-oilseeds wheat

Market Commentary

Crop tour yield estimates were the feature of the day, and field reports that yields are likely to be lower than reflected in the August Crop Production report were supportive for row crops. The weather outlook remains broadly favorable with below-average temperatures and above-average rainfall...

Energy

Energy

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.6875/bushel, up $0.015 from yesterday's close.  Dec 19 Wheat closed at $4.835/bushel, down $0.0025 from yesterday's close.  Nov 19 Soybeans closed at $8.9875/bushel, up $0.0325 from yesterday's close.  Dec 19 Soymeal closed at $301.5/short ton, up $0.2 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.6725/bushel, up $0.0725 from yesterday's close.  Dec 19 Wheat closed at $4.8375/bushel, up $0.0625 from yesterday's close.  Nov 19 Soybeans closed at $8.955/bushel, up $0.29 from yesterday's close.  Dec 19 Soymeal closed at $301.3/short ton, up $6.6 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close.  Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close.  Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close.  Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.6875/bushel, up $0.015 from yesterday's close.  Dec 19 Wheat closed at $4.835/bushel, down $0.0025 from yesterday's close.  Nov 19 Soybeans closed at $8.9875/bushel, up $0.0325 from yesterday's close.  Dec 19 Soymeal closed at $301.5/short ton, up $0.2 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.6725/bushel, up $0.0725 from yesterday's close.  Dec 19 Wheat closed at $4.8375/bushel, up $0.0625 from yesterday's close.  Nov 19 Soybeans closed at $8.955/bushel, up $0.29 from yesterday's close.  Dec 19 Soymeal closed at $301.3/short ton, up $6.6 from...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 19 Corn closed at $3.6/bushel, down $0.015 from yesterday's close.  Dec 19 Wheat closed at $4.775/bushel, down $0.0475 from yesterday's close.  Nov 19 Soybeans closed at $8.665/bushel, down $0.055 from yesterday's close.  Dec 19 Soymeal closed at $294.7/short ton, down $3.4 f...

Softs

Softs

feed-grains soy-oilseeds wheat

The Long View

Grain traders from commodity fund managers to the big multinational agribusinesses have consistently complained about the lack of profitable trading opportunities during the past five years or so. Big crops and large stockpiles of corn, wheat and soybeans in both the U.S. and the world drove pr...

biofuel softs

Can’t Beat Beet Molasses

Molasses left over from the processing of beets for sugar is typically the poor cousin to the molasses that results from making sugar from sugarcane. Cane-based molasses has superior nutritional qualities and has historically earned a premium. USDA pricing from more than a decade ago shows a 50...

feed-grains soy-oilseeds wheat

Agricultural Funds and ETFs

The theory that commodities were a useful tool for anyone seeking to diversify an investment portfolio gained considerable popularity in the early years of the 21st century. This was based on studies indicating that commodity and equity prices often moved in opposite directions. The viability o...

feed-grains soy-oilseeds wheat

The Long View

Grain traders from commodity fund managers to the big multinational agribusinesses have consistently complained about the lack of profitable trading opportunities during the past five years or so. Big crops and large stockpiles of corn, wheat and soybeans in both the U.S. and the world drove pr...

biofuel softs

Can’t Beat Beet Molasses

Molasses left over from the processing of beets for sugar is typically the poor cousin to the molasses that results from making sugar from sugarcane. Cane-based molasses has superior nutritional qualities and has historically earned a premium. USDA pricing from more than a decade ago shows a 50...

feed-grains soy-oilseeds wheat

Agricultural Funds and ETFs

The theory that commodities were a useful tool for anyone seeking to diversify an investment portfolio gained considerable popularity in the early years of the 21st century. This was based on studies indicating that commodity and equity prices often moved in opposite directions. The viability o...

feed-grains soy-oilseeds wheat

USDA Makes Changes to WASDE Tables

USDA announced this week that it will make some changes (noted below) to the monthly WASDE (supply and demand estimates) starting with the May report. While not huge, these modifications will likely add clarity and should have been implemented long ago. They will not affect the actual numbers b...

Macroeconomics

Dems on Trade Policy; Top Dems and Trade Agreement Optimism

Dems on Trade Policy Donald Trump has upended trade policy like no other U.S. president. His approach is contrary to Republican orthodoxy and rhetorically closer to Democratic dogma. In the 2016 campaign he ran to the left of Hillary Clinton on trade policy but then confounded political convent...

feed-grains soy-oilseeds wheat

Market Commentary

Good weekend weather, lower FOB values for wheat world-wide, and fund selling pressured the CBOT today. Corn and wheat futures posted new contract lows with spot KC wheat futures reaching multi-year lows and closing below the psychologically important $4/bushel mark. The weather forecasts remai...

soy-oilseeds livestock

US-PRC – What to Believe?; China/EU Burn Down the Amazon; Big Food’s Mojo

US-PRC - What to Believe? The negotiations are going great again. All is well. Be calm markets. Are the two sides, China and the U.S. on track together? Is Trump nervous about the economy and willing to settle for less than before? Is Xi nervous about the Chinese economy, or just giving Trump a...

Dems on Trade Policy; Top Dems and Trade Agreement Optimism

Dems on Trade Policy Donald Trump has upended trade policy like no other U.S. president. His approach is contrary to Republican orthodoxy and rhetorically closer to Democratic dogma. In the 2016 campaign he ran to the left of Hillary Clinton on trade policy but then confounded political convent...

feed-grains soy-oilseeds wheat

Market Commentary

Good weekend weather, lower FOB values for wheat world-wide, and fund selling pressured the CBOT today. Corn and wheat futures posted new contract lows with spot KC wheat futures reaching multi-year lows and closing below the psychologically important $4/bushel mark. The weather forecasts remai...

soy-oilseeds livestock

US-PRC – What to Believe?; China/EU Burn Down the Amazon; Big Food’s Mojo

US-PRC - What to Believe? The negotiations are going great again. All is well. Be calm markets. Are the two sides, China and the U.S. on track together? Is Trump nervous about the economy and willing to settle for less than before? Is Xi nervous about the Chinese economy, or just giving Trump a...

feed-grains soy-oilseeds wheat

Market Commentary

Following on Wednesday’s market, futures were mixed over night with beans and corn up but wheat continuing its downward trend. A mixed close was expected today and it delivered more of the same - corn and soybeans up but wheat lower.  Since there is nothing new on the fundamental sid...

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 13 September)

Update for 13 September 2019: All other routes/offers updated through the day's close.    Tweet Update for 1 August 2019: New routes added: Agrentina to Japan, Brazil to Japan 4 May Update: Pushed a user interface change and improved app responsiveness. Data updated to reflect pric...

Interactive Ocean Freight Rates (Updated 13 September)

Data Updated Through 13 September 2019   Ocean Freight Insights and Comments - 12 September 2019 By Jay O'Neil Commodity Consulting   It was another quiet week in Dry-Bulk markets, which means that rates softened a little. Quiet markets are not bullish. For the week, markets mostly ga...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The latest FAO report on Syria forecasts an increase in the 2019 wheat crop by more than 80 percent to 2.2 MMT while barley does even better, increasing by 400 percent to 2.0 MMT. The planted area for grains was greatly increased in 2019 becau...

FOB Prices and Freight Rate App (Updated 13 September)

Update for 13 September 2019: All other routes/offers updated through the day's close.    Tweet Update for 1 August 2019: New routes added: Agrentina to Japan, Brazil to Japan 4 May Update: Pushed a user interface change and improved app responsiveness. Data updated to reflect pric...

Interactive Ocean Freight Rates (Updated 13 September)

Data Updated Through 13 September 2019   Ocean Freight Insights and Comments - 12 September 2019 By Jay O'Neil Commodity Consulting   It was another quiet week in Dry-Bulk markets, which means that rates softened a little. Quiet markets are not bullish. For the week, markets mostly ga...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS The latest FAO report on Syria forecasts an increase in the 2019 wheat crop by more than 80 percent to 2.2 MMT while barley does even better, increasing by 400 percent to 2.0 MMT. The planted area for grains was greatly increased in 2019 becau...

feed-grains wheat

Middle East, Mediterranean and Africa Regional Analysis

MEDITERRANEAN/MIDDLE EAST COMMENTS After last week’s wheat tender Egypt’s GASC has booked 2.13 MMT of wheat this buying year – 935,000 MT from Russia, 660,000 MT from Romania, 475,000 MT from Ukraine and 60,000 MT from France. Egypt has announced that customs will no longer us...

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