Markets traded steady to slightly higher overnight in average volume. Additional buying surfaced at today’s openings, taking wheat, corn and soybeans to moderate gains by mid-morning. There are two primary market factors at this week’s start. General Comments Markets traded steady to slightly higher overnight in average volume. Additional buying surfaced at today’s openings, taking wheat, corn and soybeans to moderate gains by mid-morning. The markets generally closed higher, although they were well off the day’s early gains as selling accelerated late in the session.There are two primary market factors at this week’s start:
U.S. crop weather looks to stay cool and wet, at least through the end of May/early June and perhaps into the mi...
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...
