Economic Chemistry Power The major powers (Europe, Russia, U.S. and China) have long used their dominant economic influence to coerce other nations into co...

Dec 19 Corn closed at $4.3725/bushel, down $0.065 from yesterday's close.  Sep 19 Wheat closed at $5.0275/bushel, down $0.0825 from yesterday's close...

On 24 July 2018, USDA Secretary Perdue announced a $12 billion trade mitigation package that would be administered in three parts: Food Purchases and Distr...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS According to the EU’s latest Monitoring Agricultural Resources (MARS) report, drought conditions...

U.S.-Japan FTA Will Cost Junnosuke Kobara at Nikkei provides analysis showing that while Japanese farmers may be few in number, they have outsized influenc...

Overnight trading was firm after the Sunday night weather forecast called for warm/dry Midwest conditions, prompting the market to add a weather premium. C...

Each year the OECD and FAO jointly issue a 10-year outlook for global agricultural production, but its record for accuracy presents caution to all forecast...

Soybeans Market Overview Chinese demand remains very slow as reductions in Dalian soymeal futures exceeded those of CME futures, leaving gross crushing mar...

Dec 19 Corn closed at $4.4375/bushel, up $0.015 from yesterday's close.  Sep 19 Wheat closed at $5.11/bushel, down $0.04 from yesterday's close. ...

The old saying “can’t see the forest for the trees” may be apt for the ethanol outlook for the next few years. Indeed, there’s been...

Regional News WPI sources indicate EU and Black Sea exporters are becoming concerned about the lack of export business booked for the 2019/20 crop year. Wi...

At the macro level, the day started off with a strong U.S. jobs report that indicated 224,000 jobs were created in June. This reduced the chances that the...

EPA Administrator Andrew Wheeler signed the agency’s proposed 2020 Required Volume Obligations (RVO) under the Renewable Fuel Standard (RFS) today, w...

Wheat:  Net sales of 276,500 metric tons were reported for delivery in marketing year 2019/2020.   Corn:  Net sales of 175,600 MT for 2...

Dec 19 Corn closed at $4.4225/bushel, up $0.01 from yesterday's close.  Sep 19 Wheat closed at $5.15/bushel, up $0.01 from yesterday's close.  No...

Xi, Trump Should Reverse Positions China’s position is that if a bilateral trade agreement is reached with the U.S., both sides must remove the punit...

Recent market analysis has placed much focus on fundamental conditions in the U.S. and how supply-side factors may shape the markets this year. Given the e...

Scavenger Fish To help offset the adverse impacts of the trade war, the Trump Administration has set up a program to purchase surplus commodities off the m...

Overnight trading saw markets firm after yesterday’s higher close in corn. Commercial pricing was heavy yesterday in the corn market and the overnigh...

TRUMP-XI G20 MEETING ONLY BRINGS A PAUSE TO THE HOT RHETORIC Despite President Trump’s overly optimistic and glowing reviews about the current pause...

Dec 19 Corn closed at $4.4125/bushel, up $0.1525 from yesterday's close.  Sep 19 Wheat closed at $5.14/bushel, up $0.1075 from yesterday's close. ...

The world’s largest pork market, China, may be experiencing a more than 50 percent decline in production and yet U.S. hog prices are softening. Part...

Russian Grain Market Overview:  24-28 June 2019 During the week in review, grain domestic prices were still a cocktail of 2018 and 2019 prices while e...

Overnight trading saw prices mostly lower as wheat futures came under pressure from the advancing HRW harvest. Trading volume was moderate overnight as fun...

Congress will soon be considering the Commodity Futures Trading Commission (CFTC) re-authorization act; the most recent actual legislative authorization wa...

Technology Uptake Policy Climate change is making its mark in the U.S. Midwest this season with excess moisture and in other parts of the globe whether its...

Dec 19 Corn closed at $4.26/bushel, up $0.035 from yesterday's close.  Sep 19 Wheat closed at $5.0325/bushel, down $0.085 from yesterday's close. ...

Falling feeder cattle prices, good pasture conditions, and tightening feedlot margins are working to reduce the number of feeder cattle entering feedlots...

Regional Updates MEDITERRANEAN/MIDDLE EAST COMMENTS Egypt is talking to France about 35 million Euros for the funding of small and medium agriculture organ...

Overnight trading started higher with a dead cat bounce from Friday’s USDA-report-induced losses. The market eventually turned lower, however, and co...

USDA released its Grain Crushing and Co-Production report today; total ethanol use of corn in May was 460 million bushels, which stands at 104 percent of A...

Fake War News The U.S. and China announced a resumption of bilateral trade negotiations, supposedly calming markets even though nothing has changed about t...

Soybeans Market Overview Demand was slow last week with Chinese buyers waiting for the meeting between Presidents Trump and Xi at the G-20 Summit. Given th...

Some sayings about the futures market (or equities) ring true and others not so much. For example, “this time it’s different” is a risky...

Dec 19 Corn closed at $4.225/bushel, down $0.09 from yesterday's close.  Sep 19 Wheat closed at $5.1175/bushel, down $0.155 from yesterday's close.&nb...

Milling Wheat European wheat prices are lower to start the week with French and German prices under pressure as Egypt recently passed on French wheat offer...

Overnight trading saw quiet consolidation as traders made final preparations for today’s USDA reports. There was little outside news to spark much mo...

No Ag Trade Details in Debates Democratic primary candidates for the U.S. presidency debated this week, and little was said about trade and nothing about a...

Markets, industries and companies are constantly exposed to political risk (i.e., the impact that changes in policies and regulations can have on profitabi...

USDA reportedly shocked the market by failing to cut U.S. planted corn acres by the amount expected and instead nipping more area out of soybeans. The agen...

WPI's monthly publication features a review of the past month's market and policy developments. This issue covers the surprising volatility of June 2019's...

Overnight trading saw a modest rally as prices bounced back from yesterday’s daytime losses. Soybeans and wheat were the upside leaders with corn a r...

Eastern Europe’s Good Deal The Joint Research Centre of the European Commission published the results from analyzing the quality of 1,400 foods acros...

According to today’s USDA Hogs and Pigs report, the total inventory on 1 June was 75.5 million head, 104 percent of last year and 101 percent of the...

Lower Production Forecasts for Canola in Canada and Rapeseed in Europe Two reports released yesterday indicate both Canada and the EU-28 are likely to prod...

Jul 19 Corn closed at $4.4/bushel, down $0.0325 from yesterday's close.  Sep 19 Wheat closed at $5.4675/bushel, up $0.0025 from yesterday's close.&nbs...

Wheat:  Net sales of 612,000 metric tons were reported for delivery in marketing year 2019/2020.   Corn:  Net sales of 294,900 MT for 2...

China Long Game Reports indicate that following the U.S.–China trade negotiations this weekend, President Trump will likely delay imposing tariffs on...

Overnight trading saw widespread pressure that continued yesterday’s turn lower. Corn fell 3.5 cents, soybeans lost 4 cents, SRW wheat dropped 4.75 c...

Jul 19 Corn closed at $4.4325/bushel, down $0.0425 from yesterday's close.  Sep 19 Wheat closed at $5.465/bushel, up $0.065 from yesterday's close.&nb...

Russian Grain Markets: 17-21 June 2019 Domestic prices quoted in the South, Volga Valley and Black Soil were mainly for 2019 production, which is why they...

Livestock Meat Imports Surge in May as Domestic Shortfall Increases Monthly data from China’s Customs Bureau shows that total meat and offal imports...

The Federal Reserve’s Federal Open Market Committee (FOMC) made some noteworthy changes to its economic outlook at last week’s meeting, revisin...

Organic Worries The organic food market is growing fast, especially in France, and projected to reach $100 billion globally, according to Ecocert. This has...

The CBOT turned higher overnight as worse-than-expected crop condition ratings prompted traders to continue adding weather premia to the market. Corn and s...

Jul 19 Corn closed at $4.475/bushel, up $0.0075 from yesterday's close.  Sep 19 Wheat closed at $5.4/bushel, down $0.025 from yesterday's close. ...

Global wheat production is forecast to rise 6.7 percent in 2019/20, which is causing prices to fall 1.9 percent. Meanwhile, world corn production is predic...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt reports that the government has purchased 3.66 MMT of local wheat. The total is expected to incre...

Grain and soy complex futures were up overnight in a delayed reaction to Friday’s CFTC report. Soybeans led corn and soybeans higher on extended shor...

Democrats on Trump Trade The first Democratic presidential primary debate occurs this Wednesday, and candidates will be pressed for details on their variou...

Jul 19 Corn closed at $4.47/bushel, up $0.0475 from yesterday's close.  Sep 19 Wheat closed at $5.4275/bushel, up $0.12 from yesterday's close. ...

Soybeans Market Overview  The market was quiet last week on slow Chinese demand. Dalian soymeal futures fell 2 percent last week with tweet-based news...

Milling Wheat Southeast Europe wheat prices were mixed today with Bulgarian prices declining and FOB offers from Romania, France, and Germany rising slight...

The House Ways and Means Committee completed action on a tax extender package last Thursday night. It includes a three-year extension of the $1/gallon tax...

USDA released its monthly Cattle on Feed (COF) report today after the market closed. The total inventory on feed in 1,000+ capacity feedlots was 11.7 milli...

Grain and soy complex futures were mixed overnight in light trading volume that saw corn, wheat, and soybeans trade both sides of unchanged. Yesterday&rsqu...

U.S. Cattle on Feed Up 2 Percent - This is the highest June 1 inventory since the series began in 1996. However, light weight placements were down signific...

Jul 19 Corn closed at $4.4225/bushel, down $0.0775 from yesterday's close.  Jul 19 Wheat closed at $5.26/bushel, down $0.005 from yesterday's close.&n...

USMCA Epiphany Canadian Prime Minister Justin Trudeau’s visit to Washington this week revealed an epiphany by President Trump and hope on the Hill. I...

The tighter global corn supply, a result of flooding and delayed planting in the U.S., is occurring simultaneously with China’s increased demand for...

Grain and soy complex futures were mostly lower overnight as funds continued liquidating long positions and the latest weather forecast offered more modera...

Cattle on Feed Preview Tomorrow USDA will release its monthly Cattle on Feed report. The industry’s pre-report estimates peg the total number of catt...

Trade Blame Game Deborah Elms of the Singapore-based Asian Trade Centre told a Washington audience this week that the U.S. flouting international trade rul...

U.S. Soybean Export Sales More Than Double Last Week Today’s USDA export sales report for the week ending 13 June indicated the volume of U.S. soybea...

Jul 19 Corn closed at $4.5/bushel, up $0.09 from yesterday's close.  Jul 19 Wheat closed at $5.265/bushel, up $0.0425 from yesterday's close.  Ju...

The U.S. Census Bureau’s monthly advance retail sales report, released last week, shows growth in restaurant and grocery store sales is slowing. The...

Wheat:  Net sales of 187,600 metric tons were reported for delivery in marketing year 2019/2020.  The primary destinations were Algeria (59,900 M...

Russian Grain Markets: 10-14 June 2019 Export prices for 2019 wheat (12.5 percent protein content) remained within $196-198/MT FOB Black Sea, and the avera...

USMCA Codification What seemed unlikely just a few weeks ago now looks like a growing possibility – U.S. congressional passage of the USMCA. USTR Rob...

Grain and soy complex futures were mostly lower overnight with the corn market’s recent support diminishing. Soybeans were choppy with headlines abou...

Jul 19 Corn closed at $4.41/bushel, down $0.0875 from yesterday's close.  Jul 19 Wheat closed at $5.2225/bushel, down $0.0925 from yesterday's close.&...

Macro Trends Food Inflation Reaches Highest Level in Seven and a Half Years The effects of the August 2018 outbreak of African swine fever (ASF) have conti...

Grain and soy complex futures were weaker overnight as profit taking in corn and wheat pushed those markets lower. Soybeans were sold in sympathy with the...

Legs of War The news that Presidents Trump and Xi plus their negotiators will have extended bilateral discussions around the G20 Summit was seen as hopeful...

Jul 19 Corn closed at $4.4975/bushel, down $0.05 from yesterday's close.  Jul 19 Wheat closed at $5.315/bushel, down $0.08 from yesterday's close.&nbs...

Researchers from Northwestern, Stanford, and the University of Chicago tracked equity market volatility with articles from eleven different newspapers, and...

USDA issued the crop progress report yesterday, but interpreting any meaning from it is almost impossible under current conditions because the baseline of...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Tunisian government will be using drones this year to assess the grain crops as well as to try and...

Grain and soy complex futures were higher overnight as continued rain across the Midwest threatens the corn and soybean crops. At this point, there are man...

There is a great deal of speculation on whether Presidents Trump and Xi will actually meetand/or come to a deal at the G20 Summit in Osaka on 28 and 29 Jun...

Trump G20 Plan Donald Trump has been relentless at pressuring other NATO members to meet their commitments in terms of funding the organization’s mil...

Soybeans Brazil The weather-driven rally in CBOT soybeans has left Brazilian basis steadily weaker. It dropped 10 cents/bushels last week, especially for n...

Jul 19 Corn closed at $4.5475/bushel, up $0.0175 from yesterday's close.  Jul 19 Wheat closed at $5.395/bushel, up $0.01 from yesterday's close. ...

Milling Wheat Southeast Europe and Black Sea wheat markets are mostly steady to start the week despite rising prices in France, Germany and the U.S. The Bl...

Historically, the keys to getting out of bear commodity markets have been economic growth and production cuts in response to low prices. Rising grain and o...

The House ag appropriations bill includes many restrictions on USDA’s use of appropriated funding, and there are 70 amendments that provide more stip...

Jul 19 Corn closed at $4.53/bushel, up $0.11 from yesterday's close.  Jul 19 Wheat closed at $5.385/bushel, up $0.03 from yesterday's close.  Jul...

The markets were slightly firmer overnight but then caught a little fire this morning. It is starting to seem that those in the corn market are considering...

Good/Bad Trade War Political analysts correctly note how the Trump trade war has “scrambled” the politics in both major political parties. Poli...

At the recent Southern Association of State Departments of Agriculture (SASDA) meeting in Fort Worth, the counsel general of the Chinese Consulate in Houst...

Cold War II In a sign that President Trump is not going to be able to leverage a trade agreement out of China, Beijing issued notice that it will not yield...

Grain and soy complex futures were higher overnight with large volumes traded. July corn traded over 95,000 contracts, July soybeans saw volume near 22,000...

Wheat:  Net sales for the 2019/2020 marketing year, which began June 1, totaled 47,600 MT metric tons, resulting increases for Japan (112,100 MT, incl...

High Mississippi Barge Rates Make PNW Soy Shipments a Bargain Normally, cash prices for soybeans are about $0.50/bushel ($18.40/MT) higher at export elevat...

Jul 19 Corn closed at $4.42/bushel, up $0.12 from yesterday's close.  Jul 19 Wheat closed at $5.355/bushel, up $0.0925 from yesterday's close.  J...

Despite the plethora of new data sources such as crop tours, field surveys, satellite imagery and the numerous forecasts they support, there is still great...

End of GMO Panic When genetically modified wheat was curiously found in an Oregon field in 2013, some importers cancelled their shipments, others stepped u...

Grain and soy complex futures were lower overnight in a correction from yesterday’s WASDE-induced move higher. There was little fresh news last night...

Jul 19 Corn closed at $4.3/bushel, up $0.0225 from yesterday's close.  Jul 19 Wheat closed at $5.2625/bushel, up $0.0825 from yesterday's close. ...

Russian Grain Markets: 3-7 June 2019 Prices on the domestic market continued to either decrease moderately or remain stable in RUB expression. Export price...

Oilseeds Soymeal Inventory Up as Crushing Activity Increases With feed demand continuing to show solid improvement through the first full week of June, soy...

Ag Supports Trump Trade Policy The persistent question is, when will American agriculture stop supporting Trump trade policy given its deleterious impacts...

USDA Reported: 2018/19 reduced soybean oil used for biodiesel production, and higher soybean oil ending stocks.  The 2019/20 season-average price for...

Today’s trading revolved around the June WASDE report with corn, soybeans and wheat lower before its release as traders anticipated only minor change...

Jul 19 Corn closed at $4.2775/bushel, up $0.12 from yesterday's close.  Jul 19 Wheat closed at $5.18/bushel, up $0.105 from yesterday's close.  J...

The U.S. grain trade business has been largely dominated by privately-owned companies for the past several decades. Their efficiency at the business is dem...

USDA Reported: 2018/19 increased soybean meal imports and exports. The 2019/20 season-average price for soybean meal prices are forecast at $295 per short...

USDA Reported:  This month’s U.S. soybean supply and use projections for 2019/20 include higher beginning and ending stocks.  Beginning sto...

USDA Reported:  This month’s 2019/20 U.S. corn outlook is for increased beginning stocks and imports, sharply lower production, reduced feed and...

USDA Reported: U.S. 2019/20 wheat supplies are down with lower beginning stocks partly offset by slightly higher production.  Beginning stocks are dow...

All corn acres in the U.S. are past the deadline for full crop insurance coverage, meaning that farmers can either elect to take prevented planting pa...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS This past week has been the post-Ramadan Eid al Fitr period of religious holidays in the Middle East an...

Ethanol production ended May at a pace of 1.044 million barrels per day (bpd), which was the lowest level in a month after the buildup for the summer drivi...

More Tariff Threats but Progress Fresh off his claim of successfully coercing Mexico via tariff threats into greater responsibility for the immigration mes...

Consolidation was the word of the day ahead of tomorrow’s WASDE report. Corn finished slightly higher for the most part, while soybeans and wheat add...

Soybeans Brazil The market was quiet last week as the Chinese were not actively buying and instead waited for basis to fall after rising for the past sever...

Jul 19 Corn closed at $4.1575/bushel, up $0 from yesterday's close.  Jul 19 Wheat closed at $5.075/bushel, up $0.03 from yesterday's close.  Jul...

Milling Wheat The Black Sea market was weaker last week as the hot, dry weather over parts of Russia did not scare it. Weather maps are showing ample soil...

USDA will release its June WASDE (supply and demand) estimates tomorrow (Tuesday). The market is searching for answers about how greatly corn and soybean p...

More Tariffs Please The International Monetary Fund (IMF) released its analysis that concluded the Trump tariffs on China have had very little adverse impa...

Ag futures attempted an overnight rally, but none (except for corn) were able to overcome yesterday’s highs. The inability of bulls to push the marke...

Jul 19 Corn closed at $4.1575/bushel, down $0.0475 from yesterday's close.  Jul 19 Wheat closed at $5.045/bushel, down $0.055 from yesterday's close.&...

The Federal Reserve has released it Beige Book summary of economic conditions around the country. Prominent was the plight of the ag economy, specifically...

There is little doubt now that the U.S. corn crop will be just a shadow of what was expected six weeks ago. The remaining question is just how much below U...

Livestock Shedding Pounds? Hog producers have been caught in a whipsaw of low hog prices due to tariffs, a dramatic rally (given the African swine fever si...

Planes, Trains and Automobiles Part of the focus on China pertains to the extent that the government controls the means of commerce. It is pervasive to be...

Corn and soybean futures were both lower overnight, while wheat futures found support after consecutive down days. The forecast remains favorable for sprin...

This summary is based on reports from exporters for the period May 24-30, 2019. Wheat:  Net sales reductions of 26,000 metric tons for delivery in the...

Jul 19 Corn closed at $4.205/bushel, up $0.0575 from yesterday's close.  Jul 19 Wheat closed at $5.1/bushel, up $0.1925 from yesterday's close. ...

The U.S. National Weather Service says that the nation has just experienced the wettest 12 months in the 124 years of the agency’s recordkeeping. Las...

China’s U.S. Soybean Purchases Apparently Headed for National Reserve Reports out of China indicate Sinograin and COFCO intend to import the remainde...

Weather forecasts run yesterday afternoon and evening continue to show a drying trend across the Corn Belt, which led futures lower overnight. The worst of...

Protectionism Progresses U.S. trading partners (and many Americans) hoping to wait out the presidency of Donald Trump for someone more conciliatory in the...

Russian Grain Markets: 27-31 May 2019 Prices on the domestic market again either mostly declined moderately or remained stable in RUB expression, but the d...

Jul 19 Corn closed at $4.1475/bushel, down $0.105 from yesterday's close.  Jul 19 Wheat closed at $4.9075/bushel, down $0.165 from yesterday's close.&...

Oilseeds Soymeal Inventory Rises as Feed Prices Trend Upward Strong downstream demand for soymeal continued last week. Meanwhile, soybean crushers have gra...

After an approximate five-month delay, Congress has approved a $19 billion disaster bill that would cover in addition to other relief efforts, certain agri...

Overnight trading was mixed with corn and soybeans firmer, while wheat dropped lower. However, the volume of trade was large, which speaks to the importanc...

Future of Trump Trade Policy  The U.S. has lower tariffs and fewer nontariff barriers than most other countries. The theory of Trump trade policy has...

Live cattle futures dropped like a rock through early June but may have overshot the fair value of the underlying commodity. This spring, large fed cattle...

Jul 19 Corn closed at $4.2525/bushel, up $0.01 from yesterday's close.  Jul 19 Wheat closed at $5.0725/bushel, down $0.125 from yesterday's close.&nbs...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s Aswan area is said to have the country’s first outbreak of fall armyworms, and the...

The weather is supposed to improve over the northern part of the Midwest, allowing a robust planting opportunity, and speculators opened the day by initial...

As expected, last Friday the EPA published its final rule to allow year-round E15 sales. That rule included a much scaled-down proposal regarding the tradi...

Jul 19 Corn closed at $4.2425/bushel, down $0.0275 from yesterday's close.  Jul 19 Wheat closed at $5.1975/bushel, up $0.1675 from yesterday's close.&...

Soybeans Argentina Chinese demand has been active in the South American FOB market due to the trade war, and premiums firmed up quite a bit in the past few...

Milling Wheat The Black Sea market is on fire as it has followed the U.S. futures market rally. Meanwhile, the weather in southern Russia is far from perfe...

- It’s been such a long time since grain and oilseed markets have made limit moves higher or lower that a review of those limits might be warranted...

Suicidal Tariffs President Trump irrationally announced that he would impose 5 percent tariffs on goods from Mexico in less than two weeks and take them to...

Overnight trading was mostly lower on technical trades, the fact that short covering seems to have ended for the week, and a new trade war. The president a...

Wheat: Net sales of 153,000 metric tons for delivery in the 2018/2019 were up noticeably from the previous week and up 63 percent from the prior 4-week ave...

With May and its ag commodity rally in the rearview mirror, it seems an appropriate time to look at what factors are likely to influence the markets in Jun...

When USDA announced the 2109 version of its Market Facilitation Program (MFP) last week, which is intended to mitigate the impact of ongoing trade tensions...

Jul 19 Corn closed at $4.27/bushel, down $0.0925 from yesterday's close.  Jul 19 Wheat closed at $5.03/bushel, down $0.115 from yesterday's close.&nbs...

Record Meat Production Red meat production hit a record high for April at 4.522 billion pounds, split almost evenly between beef at 2.262 billion pounds an...

Overnight trade featured prices on both sides of unchanged in heavy volume (well, heavy for an overnight session). Corn attempted to break below yesterday&...

Not US, MCA Canadian Prime Minister Justin Trudeau has tabled the USMCA agreement in Parliament, and Mexican President André Manuel López Obr...

Equity traders have an adage about the tendency for stocks to enter a lull during the summer. “Sell in May and go away” has been a staple for y...

China to Continue Importing U.S. Soybeans but Unlikely to Purchase More Bloomberg reported today that sources in China indicate state-owned enterprises COF...

Jul 19 Corn closed at $4.3625/bushel, up $0.175 from yesterday's close.  Jul 19 Wheat closed at $5.145/bushel, up $0.24 from yesterday's close. ...

WPI's monthly publication features analyses of U.S. agribusinesses, outlooks for the U.S. soy complex and biofuels sectors, and an assessment of certain gl...

Swiss Miss Switzerland has reportedly moved higher on the list of countries potentially negotiating a free trade agreement with the U.S. Swiss Confederatio...

Yesterday’s crop progress report was gasoline on the fire for futures markets. The corn planting figure was lower than expected with key growing stat...

Jul 19 Corn closed at $4.1875/bushel, down $0.015 from yesterday's close.  Jul 19 Wheat closed at $4.905/bushel, down $0.1425 from yesterday's close.&...

Russian Grain Markets: 20-24 May 2019 Prices on the domestic market followed the trend of the previous week, either decreasing moderately or remaining stab...

Oilseeds Soymeal Inventory Falls Slightly as Feed Demand Holds Steady China’s soymeal market appears to have found a bottom at the start of May. Feed...

Pundits are debating the impacts of Indian Prime Minister Narendra Modi’s impressive reelection as well as the mood of his Bharatiya Janata Party. Th...

Trading for the holiday-shortened week started with grains in the green during the overnight session as the wet U.S. weather pattern remained in place over...

Jul 19 Corn closed at $4.2025/bushel, up $0.16 from yesterday's close.  Jul 19 Wheat closed at $5.0475/bushel, up $0.1525 from yesterday's close. ...

The EPA’s proposed rule on year-round E15 use is presently at the Office of Management and Budget (OMB). The administration has promised to have it i...

The fundamentals are changing for corn and wheat. While agricultural commodities have been stuck in a bear market for years now, the late U.S. planting has...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Reports from Syria indicate that thousands of acres of wheat have been destroyed by fire, attributed to...

USDA released its monthly Cattle on Feed (COF) report today after the market close, and it showed inventory below market expectations, a bullish factor. Ho...

United States Cattle on Feed Up 2 Percent: Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of...

Trouble Before the War Ohio State University Professor Ian Sheldon laments that even if the U.S. and China reach a trade agreement, it will take many years...

Jul 19 Corn closed at $4.0425/bushel, up $0.145 from yesterday's close.  Jul 19 Wheat closed at $4.895/bushel, up $0.1925 from yesterday's close. ...

The markets firmed up overnight following yesterday’s sell-off. The latter was generated by too many analysts trying to pick apart the administration...

This week Dr. Scott Irwin of the University of Illinois Extension Service has been running commentary on Twitter regarding the delays in getting the U.S. c...

Overnight trade was light as the markets were largely waiting for this morning’s export sales report data. Before it was issued, corn, wheat, and soy...

Trade Relief Protein Purchases As expected, USDA announced the second trade mitigation program today. It is a $16 billion package with $1.4 billion earmark...

Congress Complicit in War The word to the wise is to watch what others do and not what they say, and that is especially true when it comes to politicians...

U.S. Soy Export Sales Highlights USDA’s export sales report for the week ending 16 May showed sales of U.S. soybeans were up from the previous week,...

USDA announced today a new farm aid package to help offset “unjustified retaliatory tariffs” from the trade disputes with China, the EU, and Tu...

Jul 19 Corn closed at $3.8975/bushel, down $0.0475 from yesterday's close.  Jul 19 Wheat closed at $4.7025/bushel, down $0.025 from yesterday's close...

Wheat:  Net sales of 48,400 metric tons for delivery in the 2018/2019--a marketing-year low--were down 58 percent from the previous week and 74 percen...

Russian Grain Markets: 13-17 May 2019 Prices on the domestic market either dropped or remained stable in RUB expression but increased for some crops in USD...

Double-Edged Assistance The trade mitigation package being floated by the Trump administration is again generous to soybeans but stingy toward corn. In the...

Jul 19 Corn closed at $3.945/bushel, up $0.0025 from yesterday's close.  Jul 19 Wheat closed at $4.7275/bushel, down $0.06 from yesterday's close.&nbs...

Grains were lower overnight in consolidative trade after Tuesday’s rally. July corn finished the session down 4 cents, July soybeans added 2 cents, a...

Oilseeds Soymeal Inventory Recovers Ground on Improved Feed Demand With feed demand from poultry and aquaculture continuing to expand on the backs of China...

Analog’s Future In contrast to Uber, investors have given Beyond Meat a meteoric climb. The question is, how real is the meat analog market? Like IT...

Unless you’ve been living under a rock (or possibly in Arizona where you might not have noticed), you know that the spring weather across the Midwest...

Jul 19 Corn closed at $3.9425/bushel, up $0.0525 from yesterday's close.  Jul 19 Wheat closed at $4.7875/bushel, up $0.005 from yesterday's close.&nbs...

Active overnight trade pushed the CBOT higher with corn up 6.75 cents, soybeans up 7.75 cents and Chicago wheat up 8.5 cents before the morning session&rsq...

China Deciding What to Do with Unshipped U.S. Soybean Purchases Now that trade negotiations with the U.S. have broken down, the Chinese government is appar...

The EPA has promised to have the waiver to allow year-round E15 use in place by the beginning of the summer driving season (1 June-15 September), which is...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Egyptian government reports that it has bought 2.2 MMT of local wheat against a target purchase of...

USMCA to the Fore The Trump administration’s lifting of tariffs on aluminum and steel from Canada and Mexico has moved consideration of the USMCA agr...

The U.S. Corn Belt and much of the northern Plains had a very wet and cold weekend, and there is more rain on the way (see five-day precipitation forecast...

The U.S. 2019 planting season is grim, and there is little or no relief in sight based on the latest weather forecasts. The Corn Belt and northern Plains w...

Soybeans Market Overview The U.S. trade war has been leading the soybean market for several months, but the latest developments (for the worse) have certai...

Jul 19 Corn closed at $3.89/bushel, up $0.0575 from yesterday's close.  Jul 19 Wheat closed at $4.7825/bushel, up $0.1325 from yesterday's close. ...

Milling Wheat The Black Sea market was firmer last week in sympathy with the CBOT and Matif futures. Russia has exported about 33.8 MMT thus far in the cur...

As USDA works on the details of a $15-20 billion relief package for agriculture, intended to mitigate the impact of China’s retaliation on the Trump...

China Forces Trump Hand He has tried to take on the world singlehandedly, but China’s resistance has forced President Trump to back off on his object...

There is an ongoing shift in the biofuels market toward more renewable diesel, which at some point will start to put a squeeze on traditional biomass-based...

Corn and wheat futures maintained their winning ways today on more wet weather across the Corn Belt. 1-2 inches of rainfall were common across Iowa today,...

Jul 19 Corn closed at $3.8325/bushel, up $0.0425 from yesterday's close.  Jul 19 Wheat closed at $4.65/bushel, down $0.02 from yesterday's close. ...

The extremely slow pace of corn planting in the U.S. was previously discussed in the 13 May analysis (click here). The eastern Corn Belt is especially affe...

  After yesterday’s pause, grain markets shot higher today and pulled the soy complex along for the ride. The weather remains a focus with fund...

A major power conceding in a war usually takes many years and horrific losses. The undeclared war by the U.S. against North Vietnam lasted 20 years and too...

In the May WASDE (released last week), USDA projected growth in feed use of corn based on supplies and prices, but it also increased animal units. While tr...

Jul 19 Corn closed at $3.79/bushel, up $0.095 from yesterday's close.  Jul 19 Wheat closed at $4.67/bushel, up $0.1825 from yesterday's close.  J...

The U.S. Census Bureau’s monthly advance retail sales report, released Tuesday, suggests that owning a restaurant is likely to be a sales-boosting en...

Correction: Argentine Soymeal Not Headed to U.S. On Tuesday it was indicated that a ship lineup provided by the NABSA shipping agency in Argentina included...

Wheat:  Net sales of 114,500 metric tons for delivery in the 2018/2019 were up 26 percent from the previous week, but down 52 percent from the prior 4...

In market analysis, technical indicators and chart patterns often precede major changes in fundamental supply/demand relationships. One theory why this occ...

Russian Grain Markets: 6-10 May 2019 Domestic prices were either stable or decreased moderately. Meanwhile, changes on the export market were more signific...

Disagree on the Disagreement From the U.S. perspective, its goals for a trade agreement with China have been clear all along, and it was Beijing that backt...

Jul 19 Corn closed at $3.695/bushel, up $0.0075 from yesterday's close.  Jul 19 Wheat closed at $4.4875/bushel, up $0.0025 from yesterday's close.&nbs...

Oilseeds Soymeal Inventory Continues to Drop The nationwide estimated soymeal inventory tumbled further following the five-day Labor Day holiday celebratio...

The breaking off of U.S.-Chinese talks late last week led to what appeared to be market exhaustion overnight and early Monday morning as new contract lows...

FT Lies Writing for the Financial Times, Rana Foroohar says that big companies have been society’s main economic beneficiaries and notes that Democra...

News from inside the trade negotiations with China has generally been positive for about six months. Starting late last year (19 December 2018), the 1 Janu...

U.S. trade policy has been a constant companion for grain and soy markets virtually every day since President Trump was inaugurated in January 2017. One of...

Argentine Soymeal Headed to U.S. Despite expectations that the U.S. will have a record volume of soybeans at the end of August, the NBSA shipping agency in...

Jul 19 Corn closed at $3.6875/bushel, up $0.1225 from yesterday's close.  Jul 19 Wheat closed at $4.485/bushel, up $0.115 from yesterday's close. ...

Regional Update MIDDLE EAST/MEDITERRANEAN COMMENTS Officials in Iran say that wheat crops in some areas are up 30 percent. Production is expected to total...

Last week the EPA sent its proposed rule on 2020 Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) to the Office of Management and...

Markets opened weak again Sunday evening. Corn and soybeans were down 3-4 cents and 8-9 cents, respectively. Meanwhile, wheat was 3 cents lower in KC while...

Understanding Agribusiness and Advancing Policy Farmers are understandably anxious over low prices and now the excess moisture that has spring planting off...

It seems that the only potentially bullish market factor today is the slow pace of corn planting in the U.S. The possibility of significant delays tha...

Jul 19 Corn closed at $3.565/bushel, up $0.0475 from yesterday's close.  Jul 19 Wheat closed at $4.37/bushel, up $0.1225 from yesterday's close. ...

Argentina’s Cash Payment Issues The volatility in forex markets and the Argentine peso’s devaluation led to government intervention in the deba...

Milling Wheat The Black Sea market was under pressure last week due to the absence of export demand for old crop as well as the bearish outlook of last Fri...

USDA Notes: The first 2019 NASS survey-based winter wheat production forecast indicated larger Hard Red Winter production more than offsetting smaller Soft...

USDA Notes: Total U.S. oilseed production for 2019/20 is forecast at 124.2 million tons, down 9.6 million from 2018/19, mainly on lower soybean production...

USDA Notes: The U.S. soybean crush for 2019/20 is projected at 2,115 million bushels, up from the 2018/19 forecast with higher soybean meal disappearance p...

Markets traded mostly steady overnight and until the USDA WASDE was released at noon (EDT) today. Both the 2018/19 revisions and the first look at 2019/20...

Jul 19 Corn closed at $3.5175/bushel, down $0.015 from yesterday's close.  Jul 19 Wheat closed at $4.2475/bushel, down $0.0475 from yesterday's close...

Today’s USDA supply and demand estimates increased old crop ending stocks of U.S. corn, wheat and soybeans. No adjustments were made to the 2019 corn...

USDA Notes: The 2019/20 outlook for U.S. soybeans is for higher supplies, crush, exports, and slightly lower ending stocks compared to 2018/19.  The s...

Fuel Aid Better than Food Aid President Trump says that larger federal receipts from the higher tariffs on goods imported from China will be used to purcha...

President Trump started tweeting between 4 and 5 a.m. this morning about the China trade negotiations, shortly after tariff rates on $200 billion of import...

USDA Notes: Total U.S. corn use in 2019/20 is forecast to rise relative to a year ago as greater domestic use offsets a slight decline in exports.&nbs...

One way or another, today’s grain and soy futures market action was all about China and the critical negotiations that began later this afternoon. We...

Trade Matters Ag markets are on pins and needles as they wait to see if a trade deal can be salvaged from the U.S.-China negotiations now taking place in W...

Jul 19 Corn closed at $3.5325/bushel, down $0.11 from yesterday's close.  Jul 19 Wheat closed at $4.295/bushel, down $0.095 from yesterday's close.&nb...

Real Trade War Tariffs applied by both the U.S. and China are staged to rise substantially tomorrow unless there is a last-minute agreement between each co...

USDA will release its May 2019 WASDE tomorrow (10 May) at noon (EDT). While it will update U.S. and world supply/demand estimates for the current crop year...

Higher Argentine Statistics Duty Squeezes Soy Crushers The government of Argentina has issued a decree that raises the statistics duty on imports from 0.5...

Wheat:  Net sales of 90,600 metric tons for delivery in the 2018/2019--a marketing-year low--were down 26 percent from the previous week and 68 percen...

The latest volleys in the U.S.-China trade war kept markets on the defensive today. CBOT products were slightly higher in light trading overnight as some m...

Alternatives to Leverage  Reaction to President Trump’s use of tariffs to leverage needed changes in Chinese behavior is notable for the two pol...

Russian Grain Markets: 29 April-3 May 2019 There were only two working days during the week in review, but prices mostly followed a downward trend during t...

Jul 19 Corn closed at $3.6425/bushel, down $0.0225 from yesterday's close.  Jul 19 Wheat closed at $4.39/bushel, down $0.005 from yesterday's close.&n...

Policy Developments Presidents Xi and Trump Continue High Stakes Game of Chicken Over the weekend, President Trump used Twitter, his favorite communication...

For all the political turbulence surrounding the trade dispute with China, the scheduled increase in tariffs on $200 billion of Chinese goods and other rel...

The market is wagering that the U.S.-China trade war is escalated this Friday, and it may be right. China has pushed back against threats by President Trum...

An article of interest in Monday’s Wall Street Journal cited the ongoing survey conducted byDeutsche Bank AG that tracks the value and total return p...

The U.S. Energy information Administration (EIA) today released the May Short-Term Energy Outlook (STEO), which maintains its estimate of ethanol use in 20...

China to Consolidate State-Owned Soy Crushing Firms Bloomberg reported today that the Chinese government plans to force two state-owned agricultural firms...

Jul 19 Corn closed at $3.665/bushel, up $0.0225 from yesterday's close.  Jul 19 Wheat closed at $4.395/bushel, up $0.0225 from yesterday's close. ...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Syria will pay about $359/MT for the wheat it purchases from farmers, up nearly $20/MT versus last year...

Markets opened with sharp losses overnight following President Trump’s weekend tweet that he will increase tariffs against China from the current 10...

Pivotal May 10th Markets this Friday have two metrics to watch: the WASDE and Donald Trump’s tariffs on the Chinese. His threat to substantially ramp...

Jul 19 Corn closed at $3.6425/bushel, down $0.065 from yesterday's close.  Jul 19 Wheat closed at $4.3725/bushel, down $0.0075 from yesterday's close...

The grain trade returned to work last night with the strong possibility that the much-anticipated trade deal with China might not happen. This was based on...

Soybeans Argentina Last week Argentina posted a few offers in the local market, although volume was small with the labor strike on Tuesday and Labor Day ho...

With President Trump’s tweet this weekend that he’s ready to escalate the trade war with China, the administration’s recalcitrance on rem...

Milling Wheat The Black Sea market remained under pressure last week due to the absence of fresh demand for old crop wheat as well as the favorable weather...

Jul 19 Corn closed at $3.7075/bushel, up $0.0025 from yesterday's close.  Jul 19 Wheat closed at $4.38/bushel, down $0.06 from yesterday's close. ...

As the U.S. and China reportedly near the conclusion of bilateral trade negotiations, Trump administration officials are turning their focus to Japan, thou...

Markets traded relatively thinly to close out the week today, although volume earlier this week was quite strong. The China trade talks will resume again n...

It is now 3 May, and little planting progress has been accomplished across the Corn Belt and northern Plains. The weather remains too wet and too cold to g...

Most of the attention paid to the Federal Reserve over the past several weeks has been focused on the president’s intended nomination of Herman Cain...

With yesterday’s May Day celebrants back at work today, trading volume for grain and soy markets picked up and will probably be above the recent aver...

Livestock Producer Turnaround Cow/calf operators and hog feeders have seen a decrease in margins over the past three years, according to the latest data on...

India’s Water India is still hoping to hold the Trump administration from removing it from eligibility for lower tariffs under the Generalized System...

Jul 19 Corn closed at $3.705/bushel, up $0.02 from yesterday's close.  Jul 19 Wheat closed at $4.44/bushel, up $0.08 from yesterday's close.  Jul...

Grain and soy futures markets have been rather boring affairs for two years or more. To be sure, there have been a few short-term bursts of activity and pr...

Rumor of Export Tax Increases in Argentina Escalates Sales Registrations There was a rumor last week in Argentina that the government would soon announce a...

Wheat:  Net sales of 122,100 metric tons for delivery in the 2018/2019--a marketing-year low--were down 71 percent from the previous week and 72 perce...

The meeting between U.S. and Chinese trade officials in Beijing concluded earlier than expected today and is scheduled to resume in Washington next week. T...

U.S.–China Implications Some reports indicate a U.S.–China trade deal will be announced by the end of next week. Acting White House Chief of St...

Russian Grain Markets: 22-26 April 2019 Domestic grain prices declined or remained stable in RUB expression except for milling rye prices, which rose sligh...

Jul 19 Corn closed at $3.685/bushel, up $0.06 from yesterday's close.  Jul 19 Wheat closed at $4.36/bushel, up $0.0725 from yesterday's close.  J...

Policy Developments China Highlights Overseas Ag Investments at Belt and Road Forum The summit last week in Beijing touting China’s signature Belt an...

The U.S. trade delegation is a meeting with its Chinese counterpart in Beijing today, and what have become the usual optimistic noises from both sides are...

Congress is back in session today after a two-week recess for Easter and Passover, and the four weeks until the Memorial Day recess will be crucial for som...

The first six weeks of spring have been unusually cold and wet for most of the central U.S. Drenching rains together with the melting of an unusually deep...

Jul 19 Corn closed at $3.625/bushel, up $0.0075 from yesterday's close.  Jul 19 Wheat closed at $4.2875/bushel, down $0.065 from yesterday's close.&nb...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Turkey says it will be a “key player in global grain” with plans to greatly expand storage/...

China Expanding Blockage of Imports from Canada It appears that China has raised the pressure on Canada to release the Huawei Technologies CFO. After she w...

The Sunday night session was quiet with corn higher while wheat and soybeans were slightly lower. That trading pattern didn’t change today. Corn was...

Russia Meat Subsidy The Russian government will reportedly allocate $6.5 billion for “soft” export-oriented investment loans to the meat indust...

Cash prices for hard red spring wheat across the Dakotas and western Minnesota continue to press lower, and they are now down to $4.25-4.50/bushel for 14 p...

Argentina’s Macroeconomic Situation Argentina’s economic situation is growing more complex every day. Both external and internal factors (infla...

Jul 19 Corn closed at $3.6175/bushel, up $0.005 from yesterday's close.  Jul 19 Wheat closed at $4.3525/bushel, down $0.0725 from yesterday's close.&n...

U.S. first-quarter gross domestic product (GDP) growth reached 3.2 percent, according to the initial report from the Bureau of Economic Analysis (BEA) last...

Milling Wheat The Black Sea market remained under pressure last week in sympathy with the EU and U.S. markets. With its export surplus almost entirely gone...

Jul 19 Corn closed at $3.6125/bushel, up $0.04 from yesterday's close.  Jul 19 Wheat closed at $4.425/bushel, up $0.01 from yesterday's close.  J...

The beat goes on (just more slowly). Corn and wheat prices were slightly higher overnight with soybeans slightly lower. That’s how the market opened...

Hill Jam Researchers at the University of Warwick in the UK affirm the work of other economists in finding that the imposition of tariffs harms both the fo...

The continuing decline in wheat, corn and soybean prices is good news for the world’s consumers, but it is very bad news for the world’s produc...

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which w...

Finally, some stability seemed to creep into grain and soy futures markets – a least for a day. Prices stayed rather close to yesterday’s close...

Final 2018 Red Meat Production USDA released the final tally of 2018 red meat production yesterday. Beef and pork production were individually 103 percent...

Permanent Pivot in Trade Policy German Green Party member of the European Parliament Martin Häusling and other politicians are telling the European Co...

It has been said that commodities futures markets are zero-sum games, that someone’s gains are always offset by someone else’s losses. Whereas...

Jul 19 Corn closed at $3.5725/bushel, up $0.0125 from yesterday's close.  Jul 19 Wheat closed at $4.415/bushel, up $0.03 from yesterday's close. ...

U.S. Soy Export Sales Highlights U.S. export sales of soybeans and soymeal were up in the week ending 18 April, but soyoil sales and exports declined from...

WPI's monthly publication features analyses of U.S. agribusinesses, outlooks for the U.S. soybean industry and U.S. meat/livestock industry, and an assessm...

Wheat:  Net sales of 425,300 metric tons for delivery in the 2018/2019 were up 34 percent from the previous week, but down 4 percent from the prior 4-...

Statistics Canada released its initial estimates, which are based on surveys conducted last month, of planted area for 2019. Much like the U.S., they show...

Russian Grain Markets: 15-19 April 2019 While grain prices on the domestic market mostly dropped in RUB expression, they grew slightly in USD expression du...

Tri-Rift President Donald Trump has ripped apart the trilateral EU-Japan-U.S. policy consortium and looks to increasingly target Europe with his bitterness...

May 19 Corn closed at $3.4675/bushel, down $0.045 from yesterday's close.  Jul 19 Wheat closed at $4.385/bushel, down $0.065 from yesterday's close.&n...

Marco Trends March Economic Data Points to Effects of Stimulus and ASF In response to a sharp economic slowdown and the ongoing impact of the trade war wit...

Grain and soy prices chopped slightly around either side of unchanged in overnight trade, giving rise to thoughts that those markets might be able to muste...

According to data released late last week, the EPA has granted one additional small refinery exemption (SRE) for 2017 and received three more SRE requests...

There is widespread support in Europe for the new revisions to the General Food Law, but research may prove the risk that the critics have warned about. Un...

The theory that commodities were a useful tool for anyone seeking to diversify an investment portfolio gained considerable popularity in the early years of...

May 19 Corn closed at $3.5125/bushel, down $0.035 from yesterday's close.  Jul 19 Wheat closed at $4.45/bushel, up $0.0325 from yesterday's close.&nbs...

Neonicotinoid Insecticide Ban May End Rapeseed Crops in the EU The EU restricted the use of three neonicotinoid insecticides on flowering plants beginning...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS  As of 15 April, Egypt had bought approximately 365,000 MT of local wheat against its purchase tar...

Grain and oilseed markets came back from the long Easter holiday weekend in a slightly bearish mode overnight and today with wheat the weakest. Weather for...

Polarized WTO It is not just politics in the U.S. and Europe that are polarized – so is the global trading system. India plans to host developing cou...

May 19 Corn closed at $3.5475/bushel, down $0.0375 from yesterday's close.  Jul 19 Wheat closed at $4.4175/bushel, down $0.065 from yesterday's close...

NOAA updates its long-term weather forecasts near the end of each month, and the April updates were released late last week. There have been some concerns...

Soybeans Market Overview The soybean market was very slow last week as it was shortened by the Easter-related holiday. It was even slower today as Monday i...

Milling Wheat The Black Sea market was weaker last week in the absence of fresh demand. Consumers in the major destinations are more or less covered until...

USDA released the monthly Cattle on Feed (COF) report for 1 April on Thursday, which was a day early because of the Good Friday holiday. The mostly neutral...

The markets are closed tomorrow, 19 April 2019 in observance of Good Friday. Please note that our office will also be closed that day, and the next Ag Pers...

Note: CME grain and soy markets are closed tomorrow (Friday) and will re-open Easter Sunday evening. U.S. government offices will be open tomorrow, however...

Wheat:  Net sales of 317,700 metric tons for delivery in the 2018/2019 were up 16 percent from the previous week, but down 28 percent from the prior 4...

Cherry-Pick USMCA The economic analysis of the U.S.-Mexica-Canada Agreement (USMCA) by the U.S. International Trade Administration was released today and g...

April 1 2019 Cattle on Feed totaled 12.0 million head; 2 percent above April 1, 2018. This is the highest April 1 inventory since the series began in 1996...

USDA’s National Agricultural Statistical Service (NASS) conducts a census of U.S. production agricultural every five years. The most recent one, comp...

May 19 Corn closed at $3.585/bushel, up $0.0025 from yesterday's close.  May 19 Wheat closed at $4.4425/bushel, down $0.0275 from yesterday's close.&n...

U.S. Soy Export Sales Highlights Today’s USDA export sales report for the week ending 11 April indicated U.S. soybean sales were up from the previous...

With the Good Friday holiday tomorrow, USDA will release the monthly Cattle on Feed report, detailing the number on feed as of 1 April, today after the mar...

After yesterday’s lashing, the grain and soy futures markets tried to rally during the overnight session. Corn and soybeans gained a few cents, and w...

The Outsized Burden Cuba is a small island country that imposes an outsized burden on U.S. politics, but this is declining. Historically, there were two pr...

Russian Grain Markets: 8-12 April 2019 Domestic prices fluctuated in the South and Volga Valley but mostly decreased in other regions. The average milling...

May 19 Corn closed at $3.5825/bushel, down $0.0075 from yesterday's close.  May 19 Wheat closed at $4.47/bushel, up $0.02 from yesterday's close. ...

The consumer is often said to be the backbone of the U.S. economy, and that looks to be a positive factor for the food and agricultural sectors. The U.S. C...

For the second day of this holiday-shortened week, the overnight session produced minor losses for grain and the soy complex amid extremely light trading v...

Two Ships Passing Yesterday EU Trade Minister Cecilia Malmström declared that with the new negotiating mandate, she is prepared to sit down immediatel...

India’s Vegoil Refiners Push Lower Tariff Rates for Crude Palm Oil The Solvent Extractors Association (SEA) of India is pushing the government to low...