World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 6 - 10 February 2023    Russian domestic grain markets remained relatively stable. Feed wheat remains more expensive than barley, corn trading is animated and is slightly bullish on the domestic market but the key driver for corn demand is the export market. Export duties and RUB fluctuations will determine the future of domestic grain trading and as a result pricing. The government let the market know that there will be no more grain interventions in 2023 which means farmers are completely in the hands of the export market now. On 6 February, Ukraine won a GASC feed corn tender for 60,000 MT with February-March delivery which brings Russia’s chances for a bull in the near term even slimmer. Russian...

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feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Fruitful Day of Adjustments

Agricultural futures might be called mixed on the day, though that is upbeat by itself. There was a continuation of the bear wheat/bull beef story with a new contract low printed in HRS, and a new contract high in cattle. The corn market continued its rebound story on potential yield declines c...

feed-grains soy-oilseeds wheat

Market Commentary: Bottom Signaled; Beef Attacked

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.225/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0375/bushel, up $0.0125 from yesterday's close.  Nov 25 Soybeans closed at $10.195/bushel, up $0.0875 from yesterday's close.  Dec 25 Soymeal closed at $281/short ton, up $4.1 from...

feed-grains soy-oilseeds wheat

Market Commentary: Mixed But Fruitful Day of Adjustments

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2175/bushel, up $0.05 from yesterday's close.  Dec 25 Wheat closed at $5.025/bushel, up $0.0375 from yesterday's close.  Nov 25 Soybeans closed at $10.1075/bushel, up $0.0425 from yesterday's close.  Dec 25 Soymeal closed at $276.9/short ton, up $1 from y...

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