With the June Grain Stocks report now in the rear-view mirror and having offered USDA’s somewhat final (there is always the possibility of revisions)...
Articles
Crop Life America Registers Strong Comments on MAHA Strategy
In a 12-page letter to the Secretary of Health and Human Services, Crop Life America (CLA) outlined a number of issues for the Make America Healthy Again (...
Mercosur Regional Analysis
Export Tax Update The Argentine government has officially issued a decree extending the reduction of export taxes for wheat and barley, while restoring pre...
CFTC COT Report Analysis
Monday’s delayed CFTC report showed managed money traders leaning mostly neutral the major ag markets last week, with activity across the grains and...
Summary of Futures
Jul 25 Corn closed at $4.175/bushel, up $0.08 from yesterday's close. Sep 25 Wheat closed at $5.4075/bushel, up $0.04 from yesterday's close. N...
Market Commentary: Trade Deals, Emerging Dryness Spark CBOT Short Covering
Traders seemed content to take short risk off the table heading into the weekend with USDA’s June Acreage and Grain Stocks reports due out Monday. Fu...
Trade Negotiation Update; Miscellaneous
Trade Negotiation Update There were no shortages of eye-opening news reports this week and the notable one on trade late today was President Trump’s...
Input Costs Forecast to Rise, Led by Fertilizer
After rising sharply in 2022, input costs remain stubbornly high yet today. At the same time, the prices received for major crops like corn, soybeans and w...
WPI Transportation Report
Dry Bulk Markets Dy bulk markets were mixed this week with the Capesize sector sliding lower as geopolitical uncertainty in the Middle East pushed bu...
Summary of Futures
Jul 25 Corn closed at $4.095/bushel, down $0.0075 from yesterday's close. Sep 25 Wheat closed at $5.3675/bushel, down $0.0775 from yesterday's close...
Market Commentary: More Declines But They Slowed
The bleeding didn’t stop, but it slowed down today. Although corn and soybeans were up in the overnight and opened that way this morning, it didn&rsq...
Livestock Roundup: Hogs and Pigs Report
USDA released its quarterly Hogs and Pigs report today. The numbers were in line with pre-report expectations. The inventory of all hogs and pigs on 1 June...