World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

The general grain and soy rally surged ahead overnight with soybeans and wheat reaching double-digit gains, while more timid corn futures managed to climb 3-4 cents. Speculation that China may commit to purchase a large amount of additional U.S. ag products and a list of weather concerns around the world kept active bids in the market. Trading volume was relatively high. It seemed that fear of missing the rally was bringing a variety of noncommercial traders, especially from Asia, into the market to get their share. Prices remained strong early during the day session with several new rally highs, but later prices hesitated and then began a slow downward crawl that lasted until the closing bell. Old crop soybeans closed more than 3 cents lo...

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feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

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feed-grains soy-oilseeds wheat

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Competing Manufacturing Data

According to S&P Global, the US manufacturing sector grew for the fourth consecutive month in September. The U.S. manufacturing purchasing managers' index recorded 52 points in September, down from 53 a month prior and indicating a weaker rate of expansion of the manufacturing sector. A rea...

feed-grains soy-oilseeds wheat

Market Commentary: Limping Home After a Dreary Week

Friday involved relatively lower volume and modest price changes as new inputs remain limited. And it wasn’t really due to the lack of USDA reports due to the shutdown since they may not have involved anything market moving. Harvest is progressing, competitors have ample supplies, and buy...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.19/bushel, down $0.0275 from yesterday's close.  Dec 25 Wheat closed at $5.1525/bushel, up $0.005 from yesterday's close.  Nov 25 Soybeans closed at $10.18/bushel, down $0.0575 from yesterday's close.  Dec 25 Soymeal closed at $278.6/short ton, down $0.7...

Competing Manufacturing Data

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feed-grains soy-oilseeds wheat

Recent Market Volatility Increases Futures Mispricing

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Accountability and a comprehensive approach to export programming

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