Argentine corn premiums are coming down slowly from the high 50s to 48-50 CK for April and May shipment. It seems there are various buyers awaiting 40-45 CK, and a large number of trades will probably occur at those levels. Soybeans The market in Brazil returned to a very quiet mode as Chinese demand disappeared after a few weeks of strong activity. The rise of CBOT reduced the crush margins, and buyers withdrew all interest. The slight movement that was observed was all on the spot market only. Trades were mainly for February and March, and the situation with the former is getting interesting. There are several traders with sales commitments as full February, but many of them are facing vessel delays that may be extended. This generated...
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What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...