Feed Grains
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Wheat's Declining, Millers Keep Milling
Every June combines begin their annual sweep across the winter wheat fields of Texas, Oklahoma, and Kansas. At the same time, USDA releases its Acreage and Crop Progress reports, providing the first comprehensive look at the size and condition of the crop. Most years the reports simply confirm...
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Wheat's Declining, Millers Keep Milling
Every June combines begin their annual sweep across the winter wheat fields of Texas, Oklahoma, and Kansas. At the same time, USDA releases its Acreage and Crop Progress reports, providing the first comprehensive look at the size and condition of the crop. Most years the reports simply confirm...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Soy & Oilseeds
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Wheat
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Wheat's Declining, Millers Keep Milling
Every June combines begin their annual sweep across the winter wheat fields of Texas, Oklahoma, and Kansas. At the same time, USDA releases its Acreage and Crop Progress reports, providing the first comprehensive look at the size and condition of the crop. Most years the reports simply confirm...
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Wheat's Declining, Millers Keep Milling
Every June combines begin their annual sweep across the winter wheat fields of Texas, Oklahoma, and Kansas. At the same time, USDA releases its Acreage and Crop Progress reports, providing the first comprehensive look at the size and condition of the crop. Most years the reports simply confirm...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Livestock
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Market Commentary: Bullish WASDE and Sea of Azov Strikes Lift Grains
What You Need to Know Today: Wheat prices surged after Ukrainian strikes on Russian vessels and infrastructure disrupted grain shipments, halting traffic through the Sea of Azov, Kerch Strait, and Black Sea. The July WASDE report offered a modestly supportive outlook for corn, wheat, and soybe...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Market Commentary: The Market Is Always Looking Ahead
Weather remains the dominant driver of grain markets this time of year, but this week's trade has been a reminder that futures markets are constantly looking ahead. Corn and soybean prices don't simply react to today's weather — they respond to where traders believe production risks will...
Biofuels
Soyoil Clears an EU Regulatory Hurdle, but Demand Growth Faces Other Challenges
Key Takeaways: The European Parliament rejected a proposal to classify soyoil as a high ILUC-risk feedstock, preventing a potential phaseout from EU biofuel markets by 2030. Palm oil remains the only major vegetable oil designated as high ILUC-risk in the EU due to concerns over expansion into...
Ethanol and Biodiesel Margins
What You Need To Know Today: Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...
High Oleic Soybeans: Premium Demand Growing, But Adoption Remains Limited
Key Takeaways: High oleic soybeans produce oil containing 70–80 percent oleic acid, improving stability and eliminating the need for partial hydrogenation, which eliminates trans fats. There are three primary varieties of high oleic soybeans available commercially: Plenish, Vistive Gold,...
Soyoil Clears an EU Regulatory Hurdle, but Demand Growth Faces Other Challenges
Key Takeaways: The European Parliament rejected a proposal to classify soyoil as a high ILUC-risk feedstock, preventing a potential phaseout from EU biofuel markets by 2030. Palm oil remains the only major vegetable oil designated as high ILUC-risk in the EU due to concerns over expansion into...
Ethanol and Biodiesel Margins
What You Need To Know Today: Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...
High Oleic Soybeans: Premium Demand Growing, But Adoption Remains Limited
Key Takeaways: High oleic soybeans produce oil containing 70–80 percent oleic acid, improving stability and eliminating the need for partial hydrogenation, which eliminates trans fats. There are three primary varieties of high oleic soybeans available commercially: Plenish, Vistive Gold,...
Indonesia’s B50 Mandate Reshapes Global Vegetable Oil Markets
Key Takeaways: Indonesia will raise its biodiesel mandate from B40 to B50 on 1 July, increasing palm oil–based diesel blending to 50 percent. The policy supports domestic palm oil demand and reduces reliance on imported diesel. Indonesia’s biodiesel program has steadily expanded si...
Farm Inputs
Ethanol and Biodiesel Margins
What You Need To Know Today: Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...
Trump Suspends Phosphate CVDs
On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...
Senate Farm Bill and $11 Billion Supplemental Appropriation Request
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
Ethanol and Biodiesel Margins
What You Need To Know Today: Ethanol margins continue to run well above year-ago and normal seasonal values, but have slipped in recent weeks on weaker DDGS and ethanol pricing. WPI’s models project a steady decrease in returns to ethanol production following the end of the summer...
Trump Suspends Phosphate CVDs
On Monday, the Trump Administration suspended the countervailing duties (CVDs) on phosphate fertilizer imports from Morocco via Executive Order. The CVDs were imposed in 2021 by the Biden Administration and were subject to a routine five-year sunset review. According to the Agricultural and Foo...
Senate Farm Bill and $11 Billion Supplemental Appropriation Request
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
Vertical Farming: A Promising Concept Held Back by Economic Challenges
Key Takeaways: Vertical farming offers year-round production, reduced water use, and the ability to grow fresh produce closer to consumers. High electricity consumption for lighting and climate control has proven to be the industry's biggest obstacle to profitability. Large upfront investments...
Equities
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Summary of Futures
Dec 26 Corn closed at $4.5625/bushel, down $0.08 from yesterday's close. Sep 26 Wheat closed at $6.0775/bushel, down $0.1075 from yesterday's close. Nov 26 Soybeans closed at $11.9225/bushel, down $0.055 from yesterday's close. Dec 26 Soymeal closed at $311.2/short ton, down $...
Energy
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Summary of Futures
Dec 26 Corn closed at $4.61/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.4025/bushel, up $0.205 from yesterday's close. Nov 26 Soybeans closed at $11.9075/bushel, up $0.0925 from yesterday's close. Dec 26 Soymeal closed at $318.7/short ton, up $3.3 from y...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Summary of Futures
Dec 26 Corn closed at $4.52/bushel, down $0.0425 from yesterday's close. Sep 26 Wheat closed at $6.1975/bushel, up $0.12 from yesterday's close. Nov 26 Soybeans closed at $11.815/bushel, down $0.1075 from yesterday's close. Dec 26 Soymeal closed at $315.4/short ton, up $4.2 fr...
Summary of Futures
Dec 26 Corn closed at $4.5625/bushel, down $0.08 from yesterday's close. Sep 26 Wheat closed at $6.0775/bushel, down $0.1075 from yesterday's close. Nov 26 Soybeans closed at $11.9225/bushel, down $0.055 from yesterday's close. Dec 26 Soymeal closed at $311.2/short ton, down $...
Softs
CFTC COT Report Analysis
Bearish sentiment continues to dominate CBOT trade, which last week resulted in the ag markets seeing another period consecutive net liquidation. Managed money traders liquidated another 84,000 contracts (42 percent) of their prior all-ags net long, extending the pullback from the largest net l...
CFTC COT Report Analysis
The ongoing shift in ag commodity markets from bullish to bearish sentiments resulted in funds halving their all-ags net long last week, liquidating 330,000 contracts (52 percent), pulling back from the largest net long since at least 2016 forged just five weeks prior. This, combined with the w...
CFTC COT Report Analysis
Friday’s CFTC report showed funds reducing net long positions across most of the major ag futures contracts for the third straight week. Funds reduced the all-ags net long by 188,000 contracts (23 percent), pulling back from the largest net long since at least 2016 forged just four weeks...
CFTC COT Report Analysis
Bearish sentiment continues to dominate CBOT trade, which last week resulted in the ag markets seeing another period consecutive net liquidation. Managed money traders liquidated another 84,000 contracts (42 percent) of their prior all-ags net long, extending the pullback from the largest net l...
CFTC COT Report Analysis
The ongoing shift in ag commodity markets from bullish to bearish sentiments resulted in funds halving their all-ags net long last week, liquidating 330,000 contracts (52 percent), pulling back from the largest net long since at least 2016 forged just five weeks prior. This, combined with the w...
CFTC COT Report Analysis
Friday’s CFTC report showed funds reducing net long positions across most of the major ag futures contracts for the third straight week. Funds reduced the all-ags net long by 188,000 contracts (23 percent), pulling back from the largest net long since at least 2016 forged just four weeks...
The Great American Cotton Plan: Promise and Practicality
With considerable fanfare—and few specifics—USDA last week announced its Great American Cotton Plan for 2026-2031. Secretary Brooke Rollins and industry leaders described the initiative as a comprehensive strategy to address the persistent challenges facing U.S. cotton production, d...
Macroeconomics
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Soyoil Clears an EU Regulatory Hurdle, but Demand Growth Faces Other Challenges
Key Takeaways: The European Parliament rejected a proposal to classify soyoil as a high ILUC-risk feedstock, preventing a potential phaseout from EU biofuel markets by 2030. Palm oil remains the only major vegetable oil designated as high ILUC-risk in the EU due to concerns over expansion into...
Choice Boxed Beef Price Falls to Yearly Low
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Trade Deficit Data Reflects AI, Petroleum, and Soybeans
The trade deficit in goods and services came in at $77.6 billion in May, slightly smaller than the consensus estimate of $78.4 billion. After a few months of relative stability, the trade deficit widened in May. The increase in the deficit for the month was due to both a rise in imports, which...
Soyoil Clears an EU Regulatory Hurdle, but Demand Growth Faces Other Challenges
Key Takeaways: The European Parliament rejected a proposal to classify soyoil as a high ILUC-risk feedstock, preventing a potential phaseout from EU biofuel markets by 2030. Palm oil remains the only major vegetable oil designated as high ILUC-risk in the EU due to concerns over expansion into...
Choice Boxed Beef Price Falls to Yearly Low
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending
The final reading for real GDP growth in Q1 was revised upward to a 2.1 percent rate from a prior estimate of 1.6 percent, but the underlying details show a weaker mix. The stronger headline reflected a large upward revision to net exports, along with smaller upward adjustments to inventories a...
Pulses
MAHA: More Pulses? Does it Matter?
The Make America Healthy Again (MAHA) movement, spearheaded by the Secretary of Health and Human Services Department includes a lot of transformational goals, and some goals that are objectively silly. For example, Coca-Cola is transitioning back to sugar for some of its soft drinks, an announc...
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...
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...
MAHA: More Pulses? Does it Matter?
The Make America Healthy Again (MAHA) movement, spearheaded by the Secretary of Health and Human Services Department includes a lot of transformational goals, and some goals that are objectively silly. For example, Coca-Cola is transitioning back to sugar for some of its soft drinks, an announc...
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...
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...
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...
Freight
FOB Prices and Freight Rates App (Updated 8 July)
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
U.S. Exports to Cuba: It’s About Displacement
As Cuba's economic crisis has deepened, discussions about the country's eventual economic and political transition have reemerged. One question that inevitably follows is what opportunities might emerge for U.S. agricultural exports. So, here’s a brief review of those opportunities, but n...
Transportation Perspectives - 2 July
Key Takeaways Traffic through the Strait of Hormuz is increasing steadily, despite a precarious political situation. The increased flow of vessels through the SOH is pressuring tanker rates, though total volumes remain well below pre-war levels. The big issue in the Strait of Hormu...
FOB Prices and Freight Rates App (Updated 8 July)
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
U.S. Exports to Cuba: It’s About Displacement
As Cuba's economic crisis has deepened, discussions about the country's eventual economic and political transition have reemerged. One question that inevitably follows is what opportunities might emerge for U.S. agricultural exports. So, here’s a brief review of those opportunities, but n...
Transportation Perspectives - 2 July
Key Takeaways Traffic through the Strait of Hormuz is increasing steadily, despite a precarious political situation. The increased flow of vessels through the SOH is pressuring tanker rates, though total volumes remain well below pre-war levels. The big issue in the Strait of Hormu...
Transportation Perspectives - 25 June
Key Takeaways: Despite little progress in a U.S.-Iran framework for a peace deal or an agreement itself, vessel transits are picking up in the Strait of Hormuz (SOH). On Wednesday morning, Kpler reported 31 verified vessel transits of the SOH in a positive sign of increased activity in t...