Regional News Rains across southern Russia have improved wheat and winter crop conditions and have pressured global values somewhat. On Monday, the EU Commission reported that mostly favorable weather conditions across Europe in October allowed winter crop planting and summer crop harvest to speed up and reach normal levels. Through mid-November, satellite imagery showed winter crop development largely in line with average values. Areas of concern persist in northeast France, parts of Germany, and southeast Romania, however.
The Commission did note, however, that improved conditions arrived too late for much of the winter rapeseed sowing, resulting in a reduction in expected planted area. Planting the 2020/21 rapeseed crop w...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Dry bulk markets were volatile but ultimately steady this week with notable differences in rate developments across vessel classes. The Capesize sector, which led the recent rally in freight rates with its dramatic surge, pulled back slightly amid more cautious chartering activity, partic...
Key Market Insights Macro markets delivered a full whipsaw today. Early in the session, crude oil had rallied back above $100/barrel as traders priced renewed concern over the U.S.-Iran standoff and potential supply risk through the Strait of Hormuz. That strength helped pull grains off their o...
