The only certainty of the past week is that soymeal is going stratospheric. But corn, soybeans, and wheat took a breather today. For the week:
December corn gained 0.456 percent December soymeal rose 8.69 percent November soybeans gained 1.71 percent December soyoil lost 1.82 percent December SRW is up 1.078 percent December HRW edged higher by 0.149 percent December HRS added 1.212 percent December Live Cattle lost 1.138 percent December Lean Hogs gave up 5.036 percent
Some changes in the weather outlook could be bearish as Argentina and northern Brazil have a shot at some needed showers at the same time southern Brazil gets a brief break from the incessant downpours. There are also some showe...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
