World Perspectives
biofuel energy

Congressional Agenda

There are both mandatory and  several politically-motivated high priority items. Obviously, all of these issues have implications for the 2014 mid-term elections, and that does not make for an easy legislative session.Congress is facing its first deadline of the New Year, 15 January, which is when the current funding for the federal government expires. Congressional negotiators are working on a new continuing resolution (CR) that will provide $1.012 trillion in funding through the end of the fiscal year, 30 September. Reportedly, there are about three dozen items left to finalize before a deal is struck among the negotiators. It will then have to be unveiled for a vote in both Houses.After the CR, it will be two weeks before the debt c...

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Dec 25 Corn closed at $4.2175/bushel, up $0.0525 from yesterday's close.  Dec 25 Wheat closed at $5.1475/bushel, up $0.055 from yesterday's close.  Nov 25 Soybeans closed at $10.2375/bushel, up $0.1075 from yesterday's close.  Dec 25 Soymeal closed at $279.3/short ton, up $5.7 fr...

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Market Commentary: Tweet Yields Another Rally and Perhaps a Floor

After yesterday’s charge forward in soybeans and a lower close in the overnight, optimists on a trade deal with China again took over and brought another higher close that this time infected both the corn and wheat markets. As stated in Matt’s adjacent analysis, this seems overwroug...

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Dec 25 Corn closed at $4.2175/bushel, up $0.0525 from yesterday's close.  Dec 25 Wheat closed at $5.1475/bushel, up $0.055 from yesterday's close.  Nov 25 Soybeans closed at $10.2375/bushel, up $0.1075 from yesterday's close.  Dec 25 Soymeal closed at $279.3/short ton, up $5.7 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Tweet Yields Another Rally and Perhaps a Floor

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feed-grains soy-oilseeds wheat

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