Soybeans Brazil Despite the Chinese holiday, which should have brought a very quiet week, there were some movements on nearby positions as well as on new crop. Several factors are affecting the market these days, including the following:
Freight rates have been rising nonstop and with huge volatility over the past few weeks, and that has been affecting the CNF levels while also bringing more activity on the FOB. This is because trading houses sometimes prefer to avoid the risk of freight by selling FOB, and the differences between them are heightened as well since the volatility brings a variety of prices to the market. The exchange rate of the Brazilian real has also had great volatility. This week the currency crossed the line of th...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
