Russia’s Vladimir Putin warned that Ukraine using Western long-range missiles to attack inside his country would bring NATO into the war. That and his threats to use nuclear weapons and the attack this week on a grain carrying ship in the Black Sea pressured the gold market and likely wheat and corn as well. The ultimatum presents the issue of who is going to blink first? Soyoil and lean hogs have now been the biggest losers for two weeks in a row. Wheat has been on a roll with pretty much three straight top weekly gains. Corn and soybeans have been riding the middle of the rankings.
The most serious weather issue continues to be in South America. There are some showers in south central Brazil but the heart of the production area...
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...
