World Perspectives

Recent Market Analysis

Feed Grains

Feed Grains

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Technical Views - Pullback Continues

SPREADS Dec crush trades to 1.21c/bu while oilshare trades up to 31.0%.  Spreads are weaker with Dec/Dec corn trading down to 11 1/4c inverse from a morning high of 19 3/4c, while Dec/March trades out to a 3 1/2c carry for the first time since early October.  Jan/March bean inverse tr...

feed-grains soy-oilseeds wheat

AM Outlook - Capital Sucking Sound

GOOD MORNING, Prices continue lower as funds are taking money out of the markets on technical considerations as more bearish formations create a down-turn, but also on macro considerations as pre-election jitters arise.  Spreads are breaking down as well.   Crude oil drops to $35...

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Technical Views - Pullback Continues

SPREADS Dec crush trades to 1.21c/bu while oilshare trades up to 31.0%.  Spreads are weaker with Dec/Dec corn trading down to 11 1/4c inverse from a morning high of 19 3/4c, while Dec/March trades out to a 3 1/2c carry for the first time since early October.  Jan/March bean inverse tr...

feed-grains soy-oilseeds wheat

AM Outlook - Capital Sucking Sound

GOOD MORNING, Prices continue lower as funds are taking money out of the markets on technical considerations as more bearish formations create a down-turn, but also on macro considerations as pre-election jitters arise.  Spreads are breaking down as well.   Crude oil drops to $35...

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

Soy & Oilseeds

Soy & Oilseeds

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Technical Views - Pullback Continues

SPREADS Dec crush trades to 1.21c/bu while oilshare trades up to 31.0%.  Spreads are weaker with Dec/Dec corn trading down to 11 1/4c inverse from a morning high of 19 3/4c, while Dec/March trades out to a 3 1/2c carry for the first time since early October.  Jan/March bean inverse tr...

feed-grains soy-oilseeds wheat

AM Outlook - Capital Sucking Sound

GOOD MORNING, Prices continue lower as funds are taking money out of the markets on technical considerations as more bearish formations create a down-turn, but also on macro considerations as pre-election jitters arise.  Spreads are breaking down as well.   Crude oil drops to $35...

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Technical Views - Pullback Continues

SPREADS Dec crush trades to 1.21c/bu while oilshare trades up to 31.0%.  Spreads are weaker with Dec/Dec corn trading down to 11 1/4c inverse from a morning high of 19 3/4c, while Dec/March trades out to a 3 1/2c carry for the first time since early October.  Jan/March bean inverse tr...

feed-grains soy-oilseeds wheat

AM Outlook - Capital Sucking Sound

GOOD MORNING, Prices continue lower as funds are taking money out of the markets on technical considerations as more bearish formations create a down-turn, but also on macro considerations as pre-election jitters arise.  Spreads are breaking down as well.   Crude oil drops to $35...

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

Wheat

Wheat

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Technical Views - Pullback Continues

SPREADS Dec crush trades to 1.21c/bu while oilshare trades up to 31.0%.  Spreads are weaker with Dec/Dec corn trading down to 11 1/4c inverse from a morning high of 19 3/4c, while Dec/March trades out to a 3 1/2c carry for the first time since early October.  Jan/March bean inverse tr...

feed-grains soy-oilseeds wheat

AM Outlook - Capital Sucking Sound

GOOD MORNING, Prices continue lower as funds are taking money out of the markets on technical considerations as more bearish formations create a down-turn, but also on macro considerations as pre-election jitters arise.  Spreads are breaking down as well.   Crude oil drops to $35...

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Technical Views - Pullback Continues

SPREADS Dec crush trades to 1.21c/bu while oilshare trades up to 31.0%.  Spreads are weaker with Dec/Dec corn trading down to 11 1/4c inverse from a morning high of 19 3/4c, while Dec/March trades out to a 3 1/2c carry for the first time since early October.  Jan/March bean inverse tr...

feed-grains soy-oilseeds wheat

AM Outlook - Capital Sucking Sound

GOOD MORNING, Prices continue lower as funds are taking money out of the markets on technical considerations as more bearish formations create a down-turn, but also on macro considerations as pre-election jitters arise.  Spreads are breaking down as well.   Crude oil drops to $35...

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

Livestock

Livestock

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Fall on Macro-Weakness; WPI 2021/22 Outlook

The CBOT started the day sharply lower as overnight selling pressured corn, wheat, and soybeans to double-digit losses. Yesterday’s day-session weakness created additional selling incentives overnight and funds booked profits on cue. After the overnight session was finished, charts were s...

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

feed-grains soy-oilseeds wheat

Market Commentary: Markets Fall on Macro-Weakness; WPI 2021/22 Outlook

The CBOT started the day sharply lower as overnight selling pressured corn, wheat, and soybeans to double-digit losses. Yesterday’s day-session weakness created additional selling incentives overnight and funds booked profits on cue. After the overnight session was finished, charts were s...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.015/bushel, down $0.145 from yesterday's close.  Dec 20 Wheat closed at $6.0875/bushel, down $0.07 from yesterday's close.  Nov 20 Soybeans closed at $10.5725/bushel, down $0.25 from yesterday's close.  Dec 20 Soymeal closed at $376.7/short ton, down $7.3...

Biofuels

Biofuels

feed-grains livestock biofuel

Thinking About the Coming Supply of Brazilian DDGS

Back in 2013, under the U.S. sugar program, sugar refiners and processors were headed toward forfeiting more than 350,000 MT of sugar under loan, which triggered the Feedstock Flexibility Program (FFP). That program, created in the 2008 farm bill, requires USDA to purchase surplus sugar (techni...

biofuel

Gasoline and Ethanol Use Forecast Down for 2021

The Energy Information Administration (EIA) released its October Short Term Energy Outlook (STEO) cutting ethanol, biodiesel, and gasoline use projections for 2021. EIA’s forecast of actual ethanol blending for 2021 is about 13.92 billion gallons, which is 11 percent of the forecast 126...

feed-grains soy-oilseeds biofuel

Ag Review - September 2020

WPI's monthly publication features a review of the past month's market and policy developments. This issue reviews notable changes in agriculture trade, the impact of the 2020 U.S. election on agriculture legislation, China’s potential influence on the election, Brazil's ethanol policy an...

feed-grains livestock biofuel

Thinking About the Coming Supply of Brazilian DDGS

Back in 2013, under the U.S. sugar program, sugar refiners and processors were headed toward forfeiting more than 350,000 MT of sugar under loan, which triggered the Feedstock Flexibility Program (FFP). That program, created in the 2008 farm bill, requires USDA to purchase surplus sugar (techni...

biofuel

Gasoline and Ethanol Use Forecast Down for 2021

The Energy Information Administration (EIA) released its October Short Term Energy Outlook (STEO) cutting ethanol, biodiesel, and gasoline use projections for 2021. EIA’s forecast of actual ethanol blending for 2021 is about 13.92 billion gallons, which is 11 percent of the forecast 126...

feed-grains soy-oilseeds biofuel

Ag Review - September 2020

WPI's monthly publication features a review of the past month's market and policy developments. This issue reviews notable changes in agriculture trade, the impact of the 2020 U.S. election on agriculture legislation, China’s potential influence on the election, Brazil's ethanol policy an...

biofuel

New Gasoline Octane Standard Proposed for Higher Ethanol Blends

Last week, Representative Cheri Bustos (D-Illinois) introduced the Next Generation Fuels Act. The legislation would establish a new 98 octane standard for gasoline and would require that octane sources in motor fuel result in at least a 30 percent reduction in greenhouse gas (GHG) emissions com...

Farm Inputs

Farm Inputs

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...

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...

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...

Equities

Equities

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...

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...

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...

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...

Energy

Energy

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.015/bushel, down $0.145 from yesterday's close.  Dec 20 Wheat closed at $6.0875/bushel, down $0.07 from yesterday's close.  Nov 20 Soybeans closed at $10.5725/bushel, down $0.25 from yesterday's close.  Dec 20 Soymeal closed at $376.7/short ton, down $7.3...

energy

Ag Demand for Energy

The Energy Information Administration’s energy outlook for this fall and winter factors in agriculture demand. Propane is expected to be down, diesel is expected to be up. Corn crop maturity in the U.S. is on track with the previous five-year average, and harvested grain moisture content...

feed-grains soy-oilseeds wheat

Export Sales

Wheat:  Net sales of 743,200 metric tons (MT) for 2020/2021 were up noticeably from the previous week and up 54 percent from the prior 4-week average.   Corn:  Net sales of 2,243,700 MT for 2020/2021 were up 23 percent from the previous week and 56 percent from the prior 4-w...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.015/bushel, down $0.145 from yesterday's close.  Dec 20 Wheat closed at $6.0875/bushel, down $0.07 from yesterday's close.  Nov 20 Soybeans closed at $10.5725/bushel, down $0.25 from yesterday's close.  Dec 20 Soymeal closed at $376.7/short ton, down $7.3...

energy

Ag Demand for Energy

The Energy Information Administration’s energy outlook for this fall and winter factors in agriculture demand. Propane is expected to be down, diesel is expected to be up. Corn crop maturity in the U.S. is on track with the previous five-year average, and harvested grain moisture content...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 20 Corn closed at $4.16/bushel, down $0.0175 from yesterday's close.  Dec 20 Wheat closed at $6.1575/bushel, down $0.0425 from yesterday's close.  Nov 20 Soybeans closed at $10.8225/bushel, down $0.055 from yesterday's close.  Dec 20 Soymeal closed at $384/short ton, down $5...

Softs

Softs

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...

softs

Cocoa Canary

Given their inelasticity, staple agricultural commodities are a poor indicator of economic health. However, luxury food items like cocoa may be a better indicator of the world’s recovery from the coronavirus. The December contract was up about 2 percent in today’s trading but remain...

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...

softs

Cocoa Canary

Given their inelasticity, staple agricultural commodities are a poor indicator of economic health. However, luxury food items like cocoa may be a better indicator of the world’s recovery from the coronavirus. The December contract was up about 2 percent in today’s trading but remain...

softs

Food versus Fiber

A common debate about a decade ago was framed as food versus fuel; should crops traditionally used for food instead be converted into biofuel, especially during a food shortage. Opponents of biofuel may continue to argue in favor of only crops for food but there was also a forecast of declining...

Macroeconomics

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

Organic Requires Scale

Advocates for organic food in the U.S. lament that acreage devoted to organic food production is expanding at a slower pace than the increase in the number of farms devoted to this type of production. The result is that the average organic farm size has fallen. Based on the number of acres curr...

Monopolistic Impacts

One of the charges by populists in the agricultural sector is that consolidation has led to monopolistic conditions, or at least a monopsonist situation. Often cited as an example is the meat packing industry, though it has been investigated repeatedly. There are tools that enable better price...

feed-grains soy-oilseeds wheat

Ag Review - October 2020

WPI's monthly publication features a review of the past month's market and policy analysis articles. This issue looks at the continued impact of the global pandemic on agriculture markets, the potential implications of the upcoming U.S. elections, changes in Brazil’s tariff policies, an a...

Organic Requires Scale

Advocates for organic food in the U.S. lament that acreage devoted to organic food production is expanding at a slower pace than the increase in the number of farms devoted to this type of production. The result is that the average organic farm size has fallen. Based on the number of acres curr...

Monopolistic Impacts

One of the charges by populists in the agricultural sector is that consolidation has led to monopolistic conditions, or at least a monopsonist situation. Often cited as an example is the meat packing industry, though it has been investigated repeatedly. There are tools that enable better price...

Equity in Crops

Dave Juday pointed out in a recent analysis that the Midwest and the South have reaped the most in Market Facilitation Payments (MFP) not because of politics but because that is where the major crops are grown. Notably, a class of crops that nutritionists advise be consumed in greater numbers g...

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 27 October)

Ocean Freight Comments for 22 October 2020: By Jay O'Neil Commodity Consulting The Baltic Dry-Bulk indices are lower for the week. After a weak start through Wednesday, buyers finally showed up on Thursday to stop the slide and add a little support. Daily hire rates for November Capesize ves...

Interactive Ocean Freight Rates (Updated 27 October)

Ocean Freight Comments - 22 October 2020 By Jay O'Neil Commodity Consulting The Baltic Dry-Bulk indices are lower for the week. After a weak start through Wednesday, buyers finally showed up on Thursday to stop the slide and add a little support. Daily hire rates for November Capesize vessels&...

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 27 October)

Ocean Freight Comments for 22 October 2020: By Jay O'Neil Commodity Consulting The Baltic Dry-Bulk indices are lower for the week. After a weak start through Wednesday, buyers finally showed up on Thursday to stop the slide and add a little support. Daily hire rates for November Capesize ves...

Interactive Ocean Freight Rates (Updated 27 October)

Ocean Freight Comments - 22 October 2020 By Jay O'Neil Commodity Consulting The Baltic Dry-Bulk indices are lower for the week. After a weak start through Wednesday, buyers finally showed up on Thursday to stop the slide and add a little support. Daily hire rates for November Capesize vessels&...

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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