Bears were once again in control of the CBOT on Tuesday as the effects of the January WASDE continue to ripple through markets. Tuesday’s trade also saw the bearish effects of rising U.S. political tensions after President Trump announced the implementation of a 25 percent tariff on any c...
Mar 26 Corn closed at $4.1975/bushel, down $0.0175 from yesterday's close. Mar 26 Wheat closed at $5.105/bushel, down $0.0075 from yesterday's close. Mar 26 Soybeans closed at $10.3875/bushel, down $0.1025 from yesterday's close. Mar 26 Soymeal closed at $291.6/short ton, down...
USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday, the first of the year. Beef production is still down compared to 2024, but projections were raised for 2026. Beef production was raised as heavier slaughter weights more than offset the reduction i...
London based GAFTA – Grain and Feed Trade Association – advises that in 2024/25 they had 314 new mainly grain arbitrations and 43 appeals. 170 arbitrations were finalized while 46 were settled outside of arbitration. The average cost for an arbitration, under rule 125 for a GAFTA me...
Mar 26 Corn closed at $4.1975/bushel, down $0.0175 from yesterday's close. Mar 26 Wheat closed at $5.105/bushel, down $0.0075 from yesterday's close. Mar 26 Soybeans closed at $10.3875/bushel, down $0.1025 from yesterday's close. Mar 26 Soymeal closed at $291.6/short ton, down...
USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday, the first of the year. Beef production is still down compared to 2024, but projections were raised for 2026. Beef production was raised as heavier slaughter weights more than offset the reduction i...
London based GAFTA – Grain and Feed Trade Association – advises that in 2024/25 they had 314 new mainly grain arbitrations and 43 appeals. 170 arbitrations were finalized while 46 were settled outside of arbitration. The average cost for an arbitration, under rule 125 for a GAFTA me...
The CBOT came under heavy selling pressure following the January WASDE as USDA unexpectedly increased U.S. corn acreage and yields. The USDA also added area to the soybean harvested and made a bearish cut to U.S. wheat demand, moves which sent all of the major commodity futures markets sharply...
Beef China’s new import safeguard on beef continues to stir the market. Its largest impact is on the biggest supplier of protein, Brazil. Suppliers in that country say they will have to reduce production and slaughter capacity. Meanwhile, Ireland is pleased that Beijing has lifted a ban t...
The CBOT came under heavy selling pressure following the January WASDE as USDA unexpectedly increased U.S. corn acreage and yields. The USDA also added area to the soybean harvested and made a bearish cut to U.S. wheat demand, moves which sent all of the major commodity futures markets sharply...
India Holds Out The most disappointed of U.S. trading partners has to be India. It has long held hope that it would succeed China as the largest foreign supplier to the American market. It is a natural foil to China, which has been politely designated by Washington as a strategic competitor and...
USDA’s Jan estimate for 2025/26 U.S. corn is for larger production and higher feed residual usage to result in greater ending stocks: Corn production is estimated at 17.0 billion bushels, up 269 million on a 0.5-bushel increase in yield to 186.5 bushels per acre and a 1.3-million acre ris...
USDA’s Jan estimate for 2025/26 U.S. wheat left exports unchanged at 900 million bushels. Projected U.S. wheat ending stocks were raised 25 million bushels to 926 million, up 8 percent from the previous year. The season-average farm price is lowered $0.10 per bushel to $4.90. The wo...
CORN Corn planting progress has reached nearly 90 percent of projected area. Almost 70 percent of the corn crops is going through the critical growth stage. Crops are beginning to experience a lack of wáter after many days of intense heat and wind. , Fields are starting to appear stresed...
The world woke up on January 3 to news of the arrest of Nicolas Maduro, the self-proclaimed president of Venezuela. Few expected this move from the U.S. administration, but in hindsight it may not have been surprising. The Biden administration had placed a $25 million bounty on Maduro through...
USDA’s Jan estimate for 2025/26 U.S. soybeans is increased by 17 million bushels on higher beginning stocks and production. Soybean crush for 2025/26 is raised 15 million bushels to 2.57 billion bushels on higher soybean meal domestic disappearance and exports. Soybean meal and soybean oi...
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