Ag Perspectives

Your Daily Source for Insightful and Valuable Analysis

Today's Articles: Thursday, 14 December

Closing Futures Prices

Today's grain, oilseed, cattle and hog prices.

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Market Commentary

The overnight trend continued into the day session with soy losses deepening, wheat prices staying green and corn prices turning to a small loss near the close. The most prominent action today involved the unwinding of long soy/short grain spreads.

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Weather and Markets

There are some things that should be considered in a discussion of markets, the current weather situation in Brazil and Argentina, and the potential impact from La Nina.

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Oilseed Highlights: Critical Weekend in Argentina; WASDE Report; Argentine Biodiesel Export Tax; Soy Export Sales; French Rapeseed; Brazilian Soy Forecasts

Farmers in France expanded their 2017/18 rapeseed plantings because of perceived higher profitability due to the EU biodiesel sector's use of rapeseed oil. However, certain developments have started to impact that demand.

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WASDE; GIPSA Rule Controversy to Enter 10th Year; NAFTA Proteins

The so-called GIPSA rule was to go into effect on 19 October, but that was scuttled the day before when USDA announced the rule would be dropped. Now one group’s action will extend this issue into 2018.

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UN-ification Drives Sectoralism

UN-ification is the term now given to the WTO by old hands that have watched the organization evolve to where it is today, and U.S. Trade Representative Robert Lighthizer's departure message at this week's MC-11 in Buenos Aires is more sectoral agreements.

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Friday

See what USDA has on its calendar tomorrow.

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Contact Us

Do you have any questions, comments or concerns regarding our market and policy analysis? Please email wpi@agrilink.com.

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