Soybean futures traded in a relatively narrow 8 cent range on both sides of Tuesday’s close before ending the session quietly with a small gain. As with corn, USDA’s March WASDE provided nothing to spark the soybean market’s interest, much less trigger any action. General Comments The market expected very little from USDA’s March WASDE, released today at 12 p.m. (EST), and it got even less than that. Changes to U.S and world supply/demand balances were few and far between. The principal surprise, if it can be called that, is that USDA left its 2015/16 export estimates for U.S. wheat, corn and soybeans unchanged, whereas most analysts expected minor decreases. The case can still be made that such reductions are due, but USDA apparently wan...
Russian Grains Market, 18-22 May 2026 Last week, Russian grain markets remained bullish all over the European part of the country. This times, even the Asian regions saw prices recover to new levels. This rally occurred on the heels of zero export duties and a very strong RUB. The rally i...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
What You Need to Know Today: The U.S. conducted “self-defense strikes” in Iran and said the two sides are “close” to negotiating a ceasefire. “Close” is a relative term, however, and even if 95 percent of the terms are agreed to, the remaining 5 percent is l...
As we reported on 19 May, China has also committed to the resumption of U.S. poultry imports from states without confirmed HPAI detections. USDA’s Animal and Plant Health Inspection Service (APHIS) has updated its China export restrictions webpage to reflect that China has lifted HPAI-rel...
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