It was a raucous week in the oilseeds market as March soybeans climbed nearly a buck higher and hit a new contract high. However, a temporary top may be forming as it has struggled these last two days of trading. For crop insiders, not much has changed. The South American crop has long been challenged but now outside money has taken a notice and is anxious to diversify out of other assets as inflation becomes a new concern. Whether they are late to the party is one guess, but another expects soybean supply numbers to get painted even lower. There is still no quantification of the quality concerns for soybeans coming out of central and northern Brazil. New Estimates
There is a 19 MMT or 15 percent spread between the bulls and bears on wh...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
