It was another day lower for the grain and oilseeds sectors, and another day of weak volume for corn and the soy sector. The causes have not changed:
A strengthening dollar Very good harvest weather in the U.S. Potentially better weather in South America late next week
If good rains materialize next week in South America, there will be more blood in the water. This ignores what happens if central Brazil and southwestern Argentina remaining gasping for moisture. The dollar rose 2.19 percent on the week, but WTI and Brent crude oil had outsized gains, climbing 9.53 percent and 8.75 percent, respectively. Soybeans and soymeal ended the week lower, but there were modest gains elsewhere across the board.
Large food...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
