Markets have been concentrating on the start to the U.S. growing season, and that will continue to be the dominant market factor for the next 30-60 days. However, there are several other issues that might start to attract more of their attention.Markets have been concentrating on the start to the U.S. growing season, and that will continue to be the dominant market factor for the next 30-60 days. However, following are other issues that might start to attract more of their attention:
The pace of old crop corn and soybean export sales/shipments continues to be better than most expected, including USDA. Corn shipments are up 44 percent from last year, and soybean shipments have already set a new marketing year record with a 17 percent incr...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
