In what has been an intense week of market activity, Friday’s action was at once modest but demonstrative of the volatile path ahead.
Volume was constrained, except in soyoil and SRW, two contracts that closed higher today and for the week.
The cattle market continued its march higher with new highs for both live and feeder contracts.
Wheat has now bottomed out and corn cannot seem to break a bottom that fundamentals imply s due.
It is a dry finish to dry North American growing season, and many believe that this week’s WASDE report was not the final word on its impacts.
For the week, soyoil is back in the winner’s circle for the largest gains, while its sibling, soymeal, took the larg...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
Key Takeaways: The Middle East and North Africa's arid climate and limited water resources have created a structural dependence on imported wheat. Government wheat tenders in major importing countries serve as important benchmarks for global trade, providing insight into exporter competitivene...
