China's 2014 sorghum imports increased more than fivefold to 5.78 MMT from 1.08 MMT in 2013, according to China Customs. Demand was driven in part by the i...

According to the EPA, the petitioners' primary interests are to increase ethanol use and protect or improve their competitive position, which it maintains...

Soybean futures were slightly lower much of the night session, but reversed that trend and traded slightly higher most of today's session. The only bullish...

The major concern isn't with 2015 crop production across the Corn Belt and northern Plains, but with what could occur in 2016 and 2017. That apprehension i...

Today's grain, oilseed, cattle and hog prices...

Strategie Grains has raised its EU wheat export estimate from December by 2.1 MMT to 29.3 MMT (unchanged from last year) due to Russia's export restriction...

Without ambition, countries will use platforms other than the WTO to negotiate trade liberalization (aka Trans-Pacific Partnership, etc.). Too much ambitio...

The new farm program offers a much higher level of income protection than previously and will therefore offer a greater safeguard from an extended bear mar...

Today's grain, oilseed, cattle and hog prices...

New Chairman Mike Conaway (R-Texas) laid out his agenda for the committee and has reorganized a number of subcommittees to better suit his announced priori...

Data released by China's General Administration of Customs indicated the country imported 32,005,374 MT of soybeans from Brazil, its top supplier, in CY 20...

India's poultry sector has exerted tremendous pressure on the government to create new rules that would prohibit imports of U.S. chicken leg quarters as th...

Corn had been trading unchanged to lower overnight, but the export sales numbers did bring some buying to this morning's opening.The collapse in the euro,...

Who could be against industrial hemp production? After all, the U.S. consumes more hemp products than any other country, and yet it is the only major indus...

Today's grain, oilseed, cattle and hog prices...

WTO Director General Roberto Azevêdo thinks that heads of delegations are going to come up with a Doha work plan by July, but the gulf remains too wide to...

Much of grain sorghum's sudden rise in China is due to government policies, announced or not, designed to protect the price of domestic corn production.If...

In a district court case decided last week in the state of Washington, a judge applied the Resource Conservation and Recovery Act (RCRA) to dairy manure fo...

As expected, the European Central Bank (ECB) announced a quantitative easing (QE) program to begin in March. What was not expected is its size. Meanwhile,...

Technically, the corn market has moved away from the upward trend that has prevailed since October and appears to be looking for a new lower trading range...

Argentine wheat acreage has been in steady decline during the past few years due to government efforts to control domestic bread prices. This has depressed...

Only 6,855 MT of 5th grade wheat were bought in the course of Russia's market intervention trading session on 20 January. The volume of grains available fo...

The newly sworn-in U.S. Senate voted this week to table (against) a "Buy America" requirement as part of the construction of the Keystone XL oil pipeline...

Today's grain, oilseed, cattle and hog prices...

A few items likely to be covered tonight in the SOTU that are of more direct interest to agriculture are the proposed treatment of capital gains in the pre...

Noncommercial traders still retain a net long of about 244,000 contracts as of 13 January. This is a huge long position, given that the fundamental outlook...

Today's grain, oilseed, cattle and hog prices...

MENA wheat importers report that Russia is making wheat exports more difficult in advance of its new export duty set to begin 1 February. The expansion of...

The grains and soy complex started out this holiday-shortened week weaker across the board in overnight trade. Soybeans continued to stay that way, but cor...

It must be something about the position, because UN Food and Agriculture Organization (FAO) Director General José Graziano da Silva is now making the same...

While soymeal demand is down in Europe for several reasons, USDA has surprisingly increased its forecast for EU soymeal consumption in 2014/15 by 400,000 M...

The important news in the soy complex today was USDA's announcement of the cancellation of 285,000 MT of U.S. soybean sales to China. No one knows if this...

The week began with the Monday release of USDA's reports, which were not as bearish corn or as bullish soybeans as many had expected. Today's announcement...

While India's 2014/15 wheat production is expected to exceed last year's, its areas under pulses and oilseeds have been reduced. This is expected to have f...

Today's grain, oilseed, cattle and hog prices...

Politicians and financial market players are fond of blaming one another, but they are really quite similar. Each believes they should be perpetually takin...

The working groups are to submit their reports to the Finance Committee by May 2015. However, it will be surprising if this process moves quickly, if at al...

Insufficient rainfall is becoming a growing concern for soybean farmers in the Brazilian states of Goias and Mato Grosso. Meteorologists say this may no lo...

The January WASDE, released this week, included the updated year-end 2014 estimates showing red meat production up from the December report and supported s...

Grain and soy markets were modestly higher overnight ahead of USDA's weekly export sales report and the National Oilseed Processor Association's (NOPA's) D...

The U.S. EPA released a 408-page technical report detailing 1,200 peer-reviewed scientific studies that it believes justifies its proposed regulation of mo...

Large production increases and limited demand growth lead to enlarging stocks, and that is what is happening to world wheat supplies as well as those of th...

Today's grain, oilseed, cattle and hog prices...

Today's grain, oilseed, cattle and hog prices...

USDA data released on Monday confirmed that global supplies are abundant, and any prospect of South American farmers soon being rescued by escalating price...

It was announced that  Ukraine is not going to introduce restrictions on grain exports and that the total MY 2014/15 grain export volume may reach 33...

Corn futures prices tumbled about a dime on bearish technical signals and growing stocks of ethanol that will likely lead to lower production and therefore...

Falling oil prices will redistribute money away from producers and to consumers, but the question is whether biofuel policy adjusts in a timely and correct...

The boom in U.S. crude oil production has been a game changer in terms of handling and refining crude oil as well as supply. This is impacting the market a...

The Egyptian government is discussing the reopening of government-owned dairy operations that were all but totally closed down in 2008 after years of falli...

Pondering the combined reports as a whole, we cannot escape the bottom-line feeling that their overall tone is bearish. However, there are several "passage...

The sharp rise in China's soybean imports for CY 2014 supports the view that hundreds of millions of Chinese are still increasing their consumption of anim...

The day session was not quiet as traders refined their collective responses to yesterday's series of reports from USDA. The results were wide trading range...

Today's grain, oilseed, cattle and hog prices...

The European Parliament finally voted into law the right of EU member states to deny the planting of biotech crops otherwise approved for safety by the Bru...

The newly announced Chinese ban against imports of poultry and eggs from the U.S. due to a high pathogenic avian influenza (HPAI) outbreak in the Pacific N...

Markets were mixed overnight in extremely light trading volume ahead of today's 12 pm (EST) USDA reports. The direction of the markets and the volume of tr...

Many analysts were expecting smaller harvested acres of corn and soybeans. We received the opposite today with an increase in both of those as well as a su...

The market is still trying to evaluate the impact of Russia's export tax that is scheduled to be implemented 1 February, and exporters are reluctant to mak...

The big story in the U.S. 2014 trade balance came in two chapters with the first being the labor dispute at the West Coast ports and the second concerning...

With a number of Chinese processors preferring imported corn over domestic due to the former's lower price and higher quality, there are many applications...

Today's grain, oilseed, cattle and hog prices...

Today the House of Representatives passed a bill to authorize construction of the Keystone XL pipeline just hours after the Nebraska Supreme Court upheld t...

It is easy to focus on headline issues like the failed U.S. country-of-origin labeling (COOL) requirement, but U.S. and Mexican officials this week noted s...

The Indian Sugar Mills Association (ISMA) has expressed the industry's concern that some mills will soon file for debt reconstruction due to difficulties p...

The quarterly corn stocks estimate is the one that always seems to hold unexpected news for the market. Surprises in this report will be as significant as...

Markets were quietly mixed in overnight trade, and that pattern held through much of today's session as well. Traditional funds are estimated to be long 51...

Today's grain, oilseed, cattle and hog prices...

The wheat market was the loss leader again with old crop contracts of Chicago and KC wheat falling 11-12 cents to the lowest level in about five weeks. The...

As we transition from one year to the next, it has become our habit to make some not-so-fearless forecasts for the upcoming year. With a bow to intellectua...

India's Solvent Extractors Association yesterday released protein export data for December 2014. The report indicated the month's soymeal exports totaled 1...

Today's grain, oilseed, cattle and hog prices...

Hog producers have already farrowed 3 percent more sows this past fall. The larger number of young pigs will begin to move pork production above the previo...

A Pew Research survey finds most Americans support free trade as good for the country, though only a minority believes that it creates jobs. There is a mor...

Corn futures closed down almost 9 cents, giving back almost all of Monday's entire rally. Falling ethanol production and dropping margins weighed on the ma...

Argentine exporters are again facing the same problems they encountered during the past two seasons that resulted from selling large volumes of feed barley...

The United Arab Emirates (UAE) has reportedly launched an effort to sustainably produce quinoa on the Arabian Peninsula by 2021, no doubt  attracted t...

Today's grain, oilseed, cattle and hog prices...

The National Sorghum Producers (NSP) had asked that the EPA conduct an evaluation to determine which biofuels category (including cellulosic ethanol) could...

Today's grain, oilseed, cattle and hog prices...

China is considering a food safety change that would require the labeling of foods containing genetically engineered components, banking that public awaren...

No matter what corn yield and production numbers one might use for the U.S. 2014 crop, they will set new records by wide margins. This crop shows the kind...

It is quite uncommon for rain to fall in India's Rajastan state in the winter. However, reports indicate precipitation was received in several areas where...

It is quite uncommon for rain to fall in India's Rajastan state in the winter. However, reports indicate precipitation was received in several areas where...

What is interesting is the extent to which grain and soy futures appear (so far) to be mostly unmoved by the current outside market turmoil. The soy comple...

Egypt's Ministry of Supply has announced that the maximum moisture level for imported wheat will remain unchanged at 13.5 percent. It also said that the co...

News UpdatesMEDITERRANEAN/MIDDLE EAST COMMENTSEgypt's Ministry of Supply has announced that the maximum moisture level for imported wheat will remain uncha...

Ever since the late November OPEC meeting where the Saudis pledged specific efforts to stem the growth in light-tight U.S. oil production, the bears have b...

In a surprising turn of events, Chinese regulators recently lifted the ban on U.S. DDGS that had been set in place in October over concerns regarding the d...

The soy complex continues to defy the calls for its demise. No one is certain what triggered today's round of buying, but it was effective and pushed soybe...

The markets are still not very worried about world weather, but some concerns have been expressed occasionally about the condition of the world's winter wh...

Today's grain, oilseed, cattle and hog prices...

The People's Democratic Party (PDP) has governed Nigeria since rule by the military ended 15 years ago. However, luck may run out on the PDP and the reelec...

The Nikkei is reporting that the Trans-Pacific Partnership (TPP) agreement could entail uniform tariffs on agricultural trade across all 12 countries with...

The barbarians, in this case, are the institutional investors who are increasingly turning their attention and money toward agriculture and, specifically,...

Since India lost the case at the WTO regarding the import ban on U.S. poultry, there has been pressure on the Ministry of Commerce and Department of Animal...

The sharp breaks in the soy and wheat markets seemed to overpower any friendly news in the corn market. The technical outlook for corn has also turned bear...

The newly organized North American Meat Institute (NAMI) has charged the federal Dietary Guidelines Advisory Committee with dropping a recommendation to in...

Today's grain, oilseed, cattle and hog prices...

An initial estimate of Russia's 2014 grain and leguminous crop harvest indicates that it should surpass the 2013 total. Meanwhile, implementation of the ne...

Futures trading on this last day of the year saw Chicago wheat fall 10-12 cents. Corn futures dropped more than 9 cents – a major move for the corn market...

The Nikkei reports that Japanese Prime Minister Shinzō Abe would like to visit the United States in late April or early May. It notes that the Obama White...

Today's grain, oilseed, cattle and hog prices...

The U.S. Fish and Wildlife Service has announced it will conduct a one-year review of the monarch butterfly to determine whether it warrants protection und...

Today's grain, oilseed, cattle and hog prices...

USDA released its cold storage report yesterday afternoon with a few surprises for the trade, while today's Quarterly Hogs and Pigs Report indicates that p...

Egypt's Chamber of Tourism reports that a side effect of the Russian situation is a 30 percent decline in hotel bookings. The decrease will have a serious...

The Financial Times (FT) has frequently ranted against the austerity measures imposed on other EU members by Germany, but also voices skepticism about the...

The questions now to be answered are how much wheat will Russia export by the end of January and how much of the world's 2014/15 wheat demand, which it pot...

Having dropped more than 50 cents from recent highs, the wheat market is sending bearish technical momentum signals that seem likely to continue. The corn...

Following its previous efforts to limit corn imports and unwind the large surplus of domestic stocks, China's National Reform and Development Commission (N...

Today's grain, oilseed, cattle and hog prices...

The farm bill debate in 2014 focused more on efforts to cut food assistance to the poor than on program benefits to farmers. That will change in the future...

Markets were mixed in the overnight session with corn steady, while wheat and soybeans were higher. Volume was again light overnight but picked up consider...

The bearish news was all on the supply side. 2014 was a year of record world crop production, which couldn't have come at a better time with world supplies...

California's infamous egg-layer referendum of 2008 comes home to roost on New Year's Day as all eggs sold in the state must comply with the associated regu...

Recent warm weather across the Northern Hemisphere has left zero snow cover across nearly all of the winter wheat production regions of the U.S. and Black...

According to USDA, nearly 80 percent of all acres and liability that are covered in the federal crop insurance program will be eligible for YE beginning in...

The National Export Initiative (NEI) launched by President Obama in his 2010 State of the Union address failed to double American exports (up around half t...

The impact of Russia's significant tariff on wheat exports that was announced is yet to be determined. Markets opened steady to higher with soybeans up 3-5...

The long-standing demand from the Solvent Extractors Association (SEA) of India to boost the duty for crude and refined edible oils was met by the governme...

Today's grain, oilseed, cattle and hog prices...

Today's grain, oilseed, cattle and hog prices...

In its latest report on India's trade policy, the ITC notes that the number of U.S. companies adversely affected by restrictive Indian measures has jumped...

A large part of Chinese soybean needs for February will be covered by U.S. origin, which will reduce the demand for Brazilian stocks. That is not good as a...

The Russian grain market was influenced by several very serious factors during the week in review. These included the sharp ruble devaluation, a suspension...

In its latest report on India's trade policy plan, the ITC notes that the number of U.S. companies adversely affected by restrictive Indian measures has ju...

The volume of overnight trade appeared to be quite low as one might expect just before a major holiday. Markets were mixed overnight with wheat and soybean...

Turkey is now the world's largest exporter of wheat flour, shipping as much as 2 MMT per year. Although quite a bit of that flour goes to Asia, its two mai...

2014 will surely go down as one of the most memorable years in U.S. crop production history. Planted corn acreage in 2014 fell almost 5 percent below the p...

Today's grain, oilseed, cattle and hog prices...

For years, the leadership of the U.S. Commodity Futures Trading Commission (CFTC) complained that it could not do its job due to inadequate budget resource...

Once the agreements are signed, the Commerce Dept. will suspend the existing AD and CVD cases against Mexican sugar without issuing final determinations on...

Reports out of Europe indicate the EU's ban on the use of neonicotinoid insecticides is likely to result in a substantial decrease in its 2015 rapeseed pro...

Overnight and again during the day session, grain and soy futures traded both sides in light holiday-type volume. The corn market was the most placid with...

It is clear that China's new administration continues to consider the nation's agricultural development and reform to be its top priority as adjustments in...

What analysts have missed, or at least ignored, is that China replaced U.S. corn imports with U.S. sorghum over the past 12 months on an almost one-for-one...

Anti-Big Ag campaigners are quick to blame food and the industry for obesity, but there are two fundamental sides to the equation: calories in and calories...

If this initiative is to move forward in any form from diplomatic relations to some sort of trade expansion over the next two years (the duration of the re...

Corn had another day of light volume and not much actual price movement. It sat back and watched as wheat traded double-digit gains and then backed off to...

Today's grain, oilseed, cattle and hog prices...

In the 113th Congress, the Democratic majority enjoyed a two-seat advantage on this committee with 11 spots to the minority's nine. That ratio will switch...

Markets were weak overnight with wheat leading the way down after yesterday's technically poor closes. Corn again had a very docile trading day, considerin...

The outcome of this week's U.S.–China Meeting of the Joint Commission on Commerce and Trade (JCCT) is even better than hoped. USDA Secretary Tom Vilsack's...

It's important to remember that the numbers released yesterday are really just snippets from the baseline projections that will be released in full in Febr...

While India is committed to a continued investment in basic science and adherece to stated government policy, it seems that the NGOs are undermining the re...

Today's grain, oilseed, cattle and hog prices...

Since the embargo and economic isolation have failed, it seems like a good time to try economic engagement instead, especially given that there will be som...

Today's grain, oilseed, cattle and hog prices...

Because the U.S. has an overwhelming share of the soybean, soymeal and soyoil imports by other countries in the Caribbean, Central America and Mexico, ther...

As the Canadian Cattlemen Association has indicated, any retaliatory tariffs will be targeted toward products from states where legislators and lawmakers h...

India proudly announced its launch of the 630-ton geosynchronous satellite launch vehicle known as the MKIII. However, the government could better have use...

It was a day of consolidation for a number of commodity markets, some of which took place after wild price swings. The wheat market added more risk premium...

CFTC Chairman Timothy Massad made the bold claim at a Senate hearing this week that his agency would develop "bright-line rules" in its pending position li...

Today's grain, oilseed, cattle and hog prices...

It was reported on 15 December that Russian grain exporters have suspended the signing of any new grain export contracts due to the recent RUB rate fluctua...

The Bipartisan Policy Center (BPC) staff constructed the options into a list, noting that the effort was directed at  providing reform and not repeal...

During this week, Brazil finally started to weaken the real (Brazilian currency). The market had expected this move after the elections, and farmers were i...

Led by KC HRW, U.S. wheat futures prices charged higher on word that Russia was attempting to restrict grain exports by denying quality certification on ex...

Both ethanol supporters and its oil industry opponents panned a set of reforms to the Renewable Fuel Standard (RFS) proposed by the Bipartisan Policy Cente...

Today's grain, oilseed, cattle and hog prices...

Morocco's grain imports for the June-October period are up by 80 percent against last year at a total 2.2 MMT including 750,000 MT of wheat  and 1.1 M...

France's Agriculture Minister Stephane Le Foll today announced the government there plans to spend about 150 million euros per year between now and 2020 to...

The corn market tried to follow wheat's early strength but could not generate enough serious buying interest to make a go of it. Soybeans were weak all day...

The steady growth of the U.S. economy has caused the U.S. dollar to appreciate against the currencies of other nations such as Russia, Ukraine, Brazil, Arg...

The projected 2015 net returns per acre, even though still negative for spring wheat and corn and barely positive for soybeans, are far better than they we...

Today's grain, oilseed, cattle and hog prices...

The falling soybean stocks in China's ports and the delayed arrivals have allowed crushers to firm up their soymeal prices. However, producers' oil and mea...

The agricultural provision of the appropriations language provides $20.6 billion in discretionary funding – $305 million below the FY 2014 enacted level. I...

Approximately 15 percent of Bulgaria's intended wheat acreage could not be planted due to excessive rains, and the  2015 crop will be 4 MMT at best (v...

Corn traded higher most of the session on more confusion over whether China has or soon will announce the approval of the MIR162 hybrid. Meanwhile, none of...

Today's grain, oilseed, cattle and hog prices...

Markets were very active overnight in very good trading volume for the night session. Prices turned decidedly higher when Europe came to work, reportedly o...

Incoming House Agriculture Committee Chairman Michael Conaway (R-TX) has reorganized a number of subcommittees to better suit his announced priorities...

The Cabinet Committee on Economic Affairs (CCEA) has approved a higher procurement price of molasses-based ethanol in the range of $2.94-3.00/gallon for th...

Nearly every market analysis or presentation seems to start with the assessment that the "world is awash" in grains and oilseeds. It is now mid-December, a...

Clearly, the CFTC is having difficulty fitting commercial hedging practices and the long-standing hedging exemption for grain markets into its proposed new...

China's Ministry of Commerce is currently indicating the country's December soybean imports will be about 6.8 MMT, but that number is far below the likely...

The funding bill included a directive for USDA and the U.S. Trade Representative (USTR) to report recommendations to Congress no later than 1 May 2015 that...

In essence, the U.S. government has just successfully made a $1.1 trillion, 1,603-page piece of sausage nicknamed the "CRomnibus." Those hoping for accompl...

Today's grain, oilseed, cattle and hog prices...

After a few days of hesitation, technically-trading funds returned to the grain and soy markets today. They were most active in the corn market where they...

German Minister of Agriculture Christian Schmidt cautioned a Washington audience that his countrymen lack confidence in American production practices such...

Argentina's new crop wheat is currently being harvested. Although it is the least expensive and best alternative for Brazilian millers, they have decided t...

Today's grain, oilseed, cattle and hog prices...

Any bullish impact from USDA's higher 2014/15 soybean export estimate and lower soybean carryout was swept away by Conab's forecast that Brazil's soybean c...

649,400 MT of grain were exported from Ukrainian sea ports between 1-7 December, while 429,100 MT were exported from Russian sea ports during the same peri...

Although oil state lawmakers of both parties support the lifting of the crude oil export ban, the rank-and-file non-energy state Republicans are more cauti...

Brazil recently imposed a 7 percent blending mandate for combining biodiesel with petroleum diesel. The higher production would increase the use of soyoil...

Reports from Turkey indicate that the government is now strictly enforcing GMO import rules, which have resulted in the rejection of several vessels of U.S...

After trading slightly lower overnight, corn and soybean prices both encountered enough buying about midway through the day session to carry them to gains...

Today's grain, oilseed, cattle and hog prices...

While most migrant labor was previously focused in the specialty crops area, the whole agricultural sector has become more broadly dependent on workers tha...

Without fresh production estimates for U.S. corn and soybeans, the December WASDE only offers some adjustments to those estimates for elsewhere around the...

China rolled out several agriculture reform policies regarding land use, seed development and agriculture insurance over the past two weeks as the country'...

Today's grain, oilseed, cattle and hog prices...

March corn spent the day drifting lower from the daily high of $3.9975/bushel to close about 10 cents lower. However, it is premature to interpret this pri...

Washington has been captured by several special interests through the years but perhaps none as successfully against the odds as sugar producers. Trade Non...

No one was outright bullish about wheat. The consensus was cautionary heading into 2015 because of the potential production problems that "might" occur.I w...

According to the CBO's monthly budget review for November 2014, the federal budget deficit was $181 billion for the first two months of the new fiscal year...

Limits on Agriculture and Transport The upcoming U.S. election is occurring amidst geopolitical upheaval and macroeconomic malaise, but there is a pan-Paci...

The feed wheat price rally (approximately $30 in one month) is motivating consumers in the EU and the major Mediterranean destinations to increase their co...

How great have world wheat crops been? Russia, Ukraine, China, India and Canada have all had record yields in at least two of the last three years. However...

While Chinese government officials announced an effort to reduce fertilizer and pesticide use by 2020 in an attempt to decrease pollution, the U.S. EPA was...

India's annual edible oil demand stands at 18-19 MMT with an annual growth rate of approximately 4 percent. Last year's imports totaled 11.3 MMT, but that...

The news is full of stories about falling oil prices. While energy is a key component of the economy, high and low prices simply switch economic incentives...

Today's grain, oilseed, cattle and hog prices...

Today's price action in March corn looks strong. That contract seems to be in the process of rejecting recent market discussion about the formation of a he...

Today's USDA export sales report indicated U.S. exporters last week sold substantially more soybeans and soymeal than analysts surveyed by Reuters predicte...

Whenever crop prices fall uncomfortably low, there are always those who argue that the U.S. government should return to some sort of supply management prog...

Triggered by  unexpectedly large export sales and helped along by fund buying, corn futures closed up more than 7 cents and near session highs. Soybea...

The Argentine government is now financially pressuring farmers in its ongoing attempt to force them to sell the soybeans they are holding as a hedge agains...

Changes made to Canada's temporary foreign worker plan in June are having a negative impact on the meat packing industry and export expansion. This is due...

Today's grain, oilseed, cattle and hog prices...

Rosselkhoznadzor, the Russian Federal Service for Veterinary and Phytosanitary Surveillance,  wants to decrease the volume of grain exports by tighten...

The Obama administration is sending clear signals that it wants TPA and tax overhaul legislation. However, the first step is House passage today of tax ext...

Today's grain, oilseed, cattle and hog prices...

Brazilian soybeans presently look more attractive than the U.S. competition, but are hampered by concerns about dependability of shipments. However, waitin...

Grain and soy prices continued to languish in the red during much of the day session. January soybeans were down 12 cents at one point and well below techn...

With the fall harvests essentially completed and something of a hiatus in fresh inputs from USDA until 12 January when it releases final production estimat...

Agricultural commodity prices are low once again, sparking the return of the supply management advocates. Supply Management Redux Agricultural commodity p...

According to Egypt's Agricultural Research Center (ARC), approximately 14 percent of the country's wheat production is lost annually. It also said that Egy...

Overnight trading in grains and the soy complex was slower and lower with modest losses across the board. There was more chatter about the potential for so...

Today's grain, oilseed, cattle and hog prices...

The new Indonesian government has made achieving self-sufficiency in the production of soybeans, sugar, rice, corn and meat a greater priority than its pre...

Back in 2008, climate change was a hot topic for U.S. agriculture with both presidential candidates having proactive plans to address greenhouse gases and...

There was little buying at today's opening in corn and soybeans, and they were both down 5-7 cents by mid-morning. Wheat, however, was strong overnight and...

OPEC keeps drilling and America keeps fracking despite crude oil trading under $70/barrel. This may not be the result of collusion between Washington and R...

Congress is back in a lame-duck session to hash out a few issues, most of which have been overshadowed by politics. These include tax exenders, appropriati...

Today's grain, oilseed, cattle and hog prices...

Early 2015 world wheat production estimates had been hovering near the record levels of the previous two years. Now a number of recent issues have pushed w...

The dry and cold weather in southern Russia is a serious concern for next year's wheat crop. Local analysts are estimating that it could decline 10-15 MMT...

China's domestic soybean crushers' margins did improve from mid-September through mid-November due to the idling of plants and a temporary supply shortage...

India's corn production has declined for many reasons including erratic rains, late sowing in some cases and also  the switch to soybeans by some farm...

U.S. agriculture can no longer claim to be singled out for abuse by Europe's anti-technology policy; Brussels now views major American information technolo...

Changes in U.S. market share for global soyoil exports, along with those of soymeal, are analyzed. Results offer insight into the opportunities U.S. export...

Today's grain, oilseed, cattle and hog prices...

OPEC's announcement that it will not reduce production sent prices crashing lower, while U.S. financial markets were strong and again reached new highs. Ag...

Restaurants were originally opposed to it, but with a spate of state and local laws creating a regulatory patchwork, many national chains came around to su...

Today's weekly USDA export sales report once again indicated there was a net decline in U.S. soymeal export sales last week of 22,300 MT. Meanwhile, last w...

Today's grain, oilseed, cattle and hog prices...

Ukraine harvested 62.298 MMT of grains and leguminous crops as of 24 November. That compares with 59.996 MMT as of the same date in 2013. Meanwhile, 82 per...

The South American soybean market was quiet this past week. Demand from China is presumed to be slow because crush margins there are not very good. Then ag...

The wildest action on the board today was in soymeal spreads. Meanwhile, corn was lightly traded, and prices dawdled around in a 5-cent price range before...

Experience breeds skepticism when it comes to trade policy matters, but that resulted in our erroneous underestimation of U.S. Trade Representative Michael...

India claims to need a food security reserve for hungry citizens, but it exports five times more food to the U.S. than it imports from America. Stocktaking...

Iran's Governmental Trading Corporation (GTC) estimates 2014/15 wheat imports at a total 7 MMT, approximately 64 percent of the 11 MMT that the country con...

It has been a turnaround Tuesday with bells on. Grain and soy markets recovered yesterday's loss and more in many cases with the soy complex leading the wa...

Legislators are already moving to permanently extend some provisions that have consensus support as good tax policy, and this sets up a longer-term debate...

Potentially, the more immediate impact of the value of the U.S. dollar against the currencies of other exporting countries is on the planting decisions of...

Today's grain, oilseed, cattle and hog prices...

President Obama says he will be using executive branch powers when Congress fails to act, and the regulatory agenda his administration released last week i...

Prior to 1999 banking law reforms, bank holding companies were permitted to engage as principals on cash-settled derivative contracts as well as derivative...

The survey referenced was conducted by the Soy Transportation Coalition, which includes members from 12 states and two national groups. The coalition lobbi...

While China starts to reduce the role of government purchasing in the corn market, it is also beginning to shift its corn importing policy by possibly adju...

French wheat exports (to non-EU destinations) are expected to decline by 30 percent versus last year because of quality problems. Consequently, France's en...

Today's grain, oilseed, cattle and hog prices...

Wheat actually traded higher much of today's session on news that Saudi Arabia did buy 345,000 MT of optional origin hard wheat. However, it couldn't withs...

For the past few years, Indian farmers producing coarse cereals (corn, pearl millet, sorghum) increased their crops as prices grew much higher than the MSP...

USDA Secretary Tom Vilsack this week complained that he could not change the Country of Origin Labeling (COOL) regulation so that it concurrently reflects...

U.S. financial markets traded to new highs today, but did back off those peaks by mid-morning. This has been the biggest five-day rally since 2009. Like co...

Today's grain, oilseed, cattle and hog prices...

There are apparently some significant quality issues surfacing in the Montana spring wheat and winter wheat crops that will in effect reduce the milling qu...

Note that while next year's forecast regarding increases in protein pricing returns to normal 20-year trends for consumer inflation, it will be from a much...

U.S. exports of soybeans and soymeal in containers to Asian markets via West Coast ports stand to be negatively impacted by surcharges imposed by container...

One of the most interesting aspects of 2014/15, aside from the new U.S. production records for corn and soybeans, is the divergent export prospects among t...

Today was apparently the 25th anniversary of Africa Industrialization Day, but the Brookings Institute's John Page notes that while Asia advanced its own i...

Today's grain, oilseed, cattle and hog prices...

The overnight session provided mixed results with corn and soybeans slightly higher, while wheat dragged a little lower. However, the day session proved mo...

Russia harvested 109.9 MMT of grain in bunker weight as of 18 November. Included were 62.2 MMT of wheat (2.61 MT/hectare), 21.2 MMT of barley (2.35 MT/hect...

Today's grain, oilseed, cattle and hog prices...

Today the Argentine government finally assigned the wheat export quota among the main trading houses as its conflict continues with farmers regarding polic...

The day session saw a more decisive downdraft for grain and soy prices. Support from the cash meal market seems to be in rapid decline. Without that suppor...

At least two top Washington political analysts in the past two days have acknowledged that Trade Promotion Authority (TPA) is as likely as any legislation...

The new Republican-controlled Senate in the upcoming 114th Congress was expected to pass the legislation approving the permit. However, the current lame-du...

Intervention by President Obama seems highly unlikely, but 61 agricultural groups have nonetheless written to him asking that he intercede in the protracte...

The overnight session saw grain and soy prices mixed and the trading volume notably less than Sunday's overnight session. However, there was no doubt about...

According to the FAO, Egypt's 2014/15 grain imports will drop by about 1 MMT against last year, but the total is still approximately 1 MMT greater than the...

U.S. soybean processors crushed an estimated 150 million bushels during October, a record for the month. However, the limited availability of railroad equi...

Today's grain, oilseed, cattle and hog prices...

One of the countries often overlooked as a market for soybeans is Turkey. However, it is one of the world's fastest-growing markets for soy as it expands i...

China is seeking to increase corn imports from Europe with 36,700 MT arriving last week from Bulgaria, the first bulk shipment of non-GM corn  since t...

Today's grain, oilseed, cattle and hog prices...

The adverse weather in Bulgaria, Romania and Serbia is delaying the corn harvest with about 30 percent left to be completed. Additionally, the domestic log...

The announcement by Japanese Prime Minister Shinzö Abe that he intends to postpone the next 20 percent installment in the consumption tax and call for snap...

Shuttle rail freight costs in the aftermarket have totally collapsed in the last few weeks. Shuttle trains were trading at a $4,000-5,000 per car premium j...

Last Friday's collapse in soybeans and soymeal wasn't enough to discourage the bulls who bought early Sunday evening and again the last half of today's ses...

There have been a number of economic developments in countries across the globe that along with other factors are impacting the value of the U.S. dollar.Th...

Corn arrivals have started in Andhra Pradesh, Karnataka, Telangana and Maharashtra, but the prices farmers are receiving are not in accordance with the gov...

Environmentalists are hailing policy moves to rid Europe of the scourge of biotechnology, but now some member states have upset them by seeking expedited a...

It has been another tumultuous week in the soy complex with new highs for this recent rally established on significant fund buying. However, when all was s...

Cash corn prices to the farmer today are generally between $3.00-3.50/bushel. There are a few reasons why farmers will be reluctant to part with more corn...

Yesterday the Republican and Democratic caucuses held their leadership votes for the upcoming 114th Congress, and the next step is to select chairmen and r...

Today's grain, oilseed, cattle and hog prices...

Commercials and non-commercials trading any commodity futures market are united by an interest in the direction of price movements in both the short and lo...

Europe and Japan are in a funk and lamenting that orthodox macroeconomic measures have failed to provide the stimulus needed to spur growth. Now it is bein...

Today's grain, oilseed, cattle and hog prices...

The Russian Federal Veterinary and Phyto-Sanitary Oversight Service (Rosselkhoznadzor) is planning to ban the importation of Canadian pork effective tomorr...

Dow AgroSciences has decided to not release its Enlist soybeans for commercial production in order to prevent the soybeans from getting mixed in cargoes de...

Today was another active trading day, and there seems to be a growing consensus among market participants that current price levels could last in the soy c...

Today's grain, oilseed, cattle and hog prices...

The Ukrainian sea ports shipped 25.946 MMT of grain cargos during January-October 2013, 43.7 percent more than during the same period in 2013. 666,500 MT o...

Monday's neutral WASDE report generally surprised South American traders. Most trading houses held short positions at the CBOT, but the unexpected strength...

Artificially suppressing a country's currency exchange rate in order to boost exports and local employment has been the game of mercantilists for many year...

That prices across the board swung in such wide ranges today is a clear sign of excitement and emotion as is today's huge volume that may have come close t...

Turkey's poultry industry is benefiting greatly from the Russian ban on EU imports with a jump in its poultry meat exports from approximately 50 MT per mon...

Today's grain, oilseed, cattle and hog prices...

With the fall harvest in its closing stages and production and total volumes of available corn and soybean supplies closely established, the market's atten...

Grain and soy futures trade was subdued overnight with limited price action. After trading on both sides, corn and soybeans finished the overnight session...

This new checkoff would be authorized by the Commodity Promotion, Research, and Consumer Information Act of 1996, also known as the Generic Act, and the co...

One factor that has not received a great deal of attention is how much Southern states have contributed to the increase in U.S. soybean production in recen...

India is not a member of the Asia-Pacific Economic Cooperation (APEC) group of 21 economies, and consequently its version of events surrounding the Bali Ag...

Perhaps the marquee issue for the new Republican majority will be the repeal or majorly reform of the Affordable Care Act, aka Obamacare. There will also b...

Today's grain, oilseed, cattle and hog prices...

Today's November USDA crop production estimates and supply and demand revisions were not as bearish as many analysts were expecting. USDA made no adjustmen...

China's domestic soybean crush rate is estimated to have fallen below 45 percent during the week of 3 November due to the limited volume of soybean shipmen...

Markets were quiet in the Sunday night session with small losses in corn and wheat and small gains in soybeans. That trend continued when today's session o...

Farmers in the U.S. live in fear that a threatened or endangered species will be found on their property and adversely affect their operations. Now a feder...

U.S. soybean sales are up more than 1 MMT from last year at this time. More importantly, while the market continues to expect China to slow total purchases...

The obvious "must-do" action item is the continuing resolution (CR) to fund the government as the appropriations bill that Congress cobbled together last y...

Soybean futures traded both sides of unchanged until the last hour or so of the session when they turned decidedly higher. Meanwhile, corn was weak overnig...

Today's grain, oilseed, cattle and hog prices...

Russia has expanded its economic footprints in India, an old ally, after the imposition of sanctions by the U.S. and its Western allies. The importation of...

Soybean futures bounced around on both sides of yesterday's closes in nearly a 30-cent trading range before settling about 7-9 cents higher. Corn futures p...

Today's grain, oilseed, cattle and hog prices...

Just hours after a major U.S. election outcome, sparks are flying over future U.S. policy direction with House Republicans warning President Obama not to t...

As expected, today's USDA export sales report showed a net reduction in U.S. soymeal export sales as a result of cancellations and switches to other origin...

With the November WASDE ahead and the midterm election behind us, we have had a few oddball and mostly unconnected thoughts that we will pass on for whatev...

Bleak Harvest Ahead The world grain market may be headed into a bear trend due to burgeoning supplies, but a review of the policy seeds that have been sown...

While cattle supplies remain tight, broilers are continuing to expand in both numbers and in heavier weights. Pork production is also expected to increase...

Due to rising concern among buyers, limited offer from sellers and rumors about the poor condition of winter crops, prices on the Russian domestic market i...

Today's grain, oilseed, cattle and hog prices...

The lack of U.S. dollars is a serious issue for the Argentine government. As a result, it has released 500,000 MT of old crop corn and 400,000 MT of old cr...

The Bank of Japan (BoJ) has unleashed its latest effort to spark inflation and thus economic growth, while negotiating partners in the Trans-Pacific Partne...

After being weaker overnight and in the first half of the day session, corn and soy futures bounced off session lows to close higher despite the U.S. dolla...

Yesterday's midterm congressional election that resulted in Republican control of both the House and Senate also has implications for both chambers' agricu...

DuPont Pioneer India last week opened a crop research center in Hyderabad, India to develop new crop varieties for that country's agricultural sector. The...

Today's grain, oilseed, cattle and hog prices...

When there have been month-over-month increases in yield and production estimates through October, history suggests that the odds strongly favor a further...

The U.S. Commodity Futures Trading Commission (CFTC) gave approval to a new prediction market, but revealed its bias toward politics, non-profits and unive...

Egypt's plans to become a central grain hub for North Africa and the Middle East have apparently been accelerated with the government indicating that all p...

Grain and soy prices opened the overnight session weaker, which carried over into the day session. Traders are concerned about what might happen if the H7N...

Brent prices are now the lowest they have been since late 2010, before violence in Libya and other areas in the Middle East and North Africa disrupted sign...

Recognizing that the jump from conventional agriculture to "pure" organic is a large one, the EU has allowed numerous derogations from the original concept...

The Black Sea corn market was firmer last week, although not precisely following the CBOT futures rally. Ukrainian corn is offered at $177/MT FOB for Novem...

The domestic soymeal demand has been blamed for the recent strong rally in soybeans and soymeal futures. That has certainly been part of the driving force,...

Today's grain, oilseed, cattle and hog prices...

Tuesday is Election Day, and a number of down ballot issues of interest to agriculture will be voted on tomorrow including four related to GMOs. Tomorrow...

China's domestic crushers and traders seem to be welcoming the potential soybean shortage for the next month in order to reverse the profitability issues e...

Wheat withstood the weakness in soybeans and corn today and actually traded steady to slightly higher much of the session. The relative strength was likely...

In a bid to incentivize farmers, the government of India (GOI) has announced an increase in the Minimum Support Price (MSP) for several of the 2014/15 wint...

The U.S. rail shuttle freight market, at least the BNSF, seems to be softening. If the weakness in shuttle rates stays, it should mean that interior basis...

The volatility in the soybean and soymeal markets continued last night and today. Corn did manage to rally to slight gains when the soy complex was surging...

The U.S. dollar has been on a bull ride of late, especially against the currency of some of our most important trading partners.The U.S. dollar has been on...

MSP Raised for Key CropsIn a bid to incentivize farmers, the government of India (GOI) has announced an increase in the Minimum Support Price (MSP) for sev...

Producer groups want the Obama administration to simply appeal the WTO Dispute Settlement Panel's (DSP) decision that the U.S. country-of-origin labeling (...

Today's grain, oilseed, cattle and hog prices...

The dynamics between fed cattle marketings and placements are analyzed with their implications for next quarters' beef demand and pricing. Feedlot turnover...

Today's grain, oilseed, cattle and hog prices...

The overnight session saw grain and soy prices trade modestly higher in relatively slow action. However, after three days of higher closes, the markets pau...

The EU has not approved a new biotech trait all year, and it was hoped that the outgoing Commission membership would at least move forward on two cottonsee...

In a strange way, the approach of Halloween turns our attention to the current state of grain and soy markets here in the U.S. Twisting the spirit of "Tric...

Today's USDA Export Sales Report indicated U.S. exporters once again had a big week selling soybeans with a total 1.326 MMT. That was down by 39 percent fr...

Corn and wheat were pulled along by the soy complex, although corn could build its own demand story from last week's ethanol production that averaged 937,0...

Ukraine has exported 11.237 MMT of grain as of 27 October 2014 and from the beginning of MY 2014/15. Included were 6.27 MMT of wheat, 1.624 MMT of corn, 3...

Today's grain, oilseed, cattle and hog prices...

A meeting was held Monday between Argentine exporters and government officials. Exporters were expecting the release of 4 MMT of corn and 2 MMT of wheat fo...

The state-by-state biotech labeling campaigns by technology opponents undermine the federal preemption on food marketing, and now the same is happening to...

Yesterday's USDA reports showed much progress was made last week in harvesting the U.S. soybean crop. Illinois, Missouri, Indiana, Ohio, Kentucky and Kansa...

Iran's government announced that it will be working with the FAO to improve domestic wheat and barley production. While some say that the country is approa...

Today's grain, oilseed, cattle and hog prices...

U.S. corn exports deviation from historic patterns has implications for what exports will be in the rest of the marketing year. Analysis of unshipped corn...

The U.S. Department of Commerce yesterday announced that it had reached preliminary terms with Mexico and its sugar exporters. If these are finalized, it w...

Overnight strength carried over into the day session amid active volume. December corn continued to march ahead, while it was another volatile session for...

Today's grain, oilseed, cattle and hog prices...

China's feed price remains low as a result of the declining domestic corn price and flat soymeal price, which boosts the livestock industry's profitability...

Ukrainian corn remains the least expensive origin for Asian buyers. However, the competitive advantage versus South American and U.S. PNW corn is only $2-5...

USDA Secretary Tom Vilsack will help host December's U.S.-China Joint Commission on Commerce and Trade in Chicago. This will be an excellent opportunity fo...

There is some question regarding whether as many total acres of all crops in Argentina will be planted as expected with the low prices, high input costs an...

Markets were soft overnight with corn and wheat 2-4 cents lower and soybeans down as much as 8-9 cents when the night session closed. That weakness evapora...

Brazil saw President Dilma Rousseff win a narrow victory over challenger Senator Aecio Neves, while Uruguay is headed to a runoff on 30 November in an elec...

The EPA's approval  this summer of two new pathways for generating cellulosic ethanol led directly to the August explosion in cellulosic production an...

Yesterday's weekly soybean export sales number of nearly 2 MMT was the last straw that took futures briefly back above $10.00. Wheat futures seemed to sit...

It is still too early to estimate India's sugar production because many mills have yet to begin crushing operations in Uttar Pradesh as there is a stalemat...

Today's grain, oilseed, cattle and hog prices...

The soybean outlook continues to have a negative picture unless there is a significant production problem in South America this season or a big soybean yie...

Agriculture contributes 10 percent of Europe's carbon emissions, and a Commission study indicates that the farming sector could meet a 28 percent reduction...

Over 170 people signed up for a presentation yesterday in Washington on the Trans-Pacific Partnership (TPP) negotiations. As presenter Gary Horlick observe...

The current small herd  means pressures on producers for herd expansion, which means less culling and a lower cow slaughter. This has the potential to...

Grain and soy markets were mixed overnight amid lighter volume than has been seen the past several overnight sessions. However, the day session was anythin...

Today's grain, oilseed, cattle and hog prices...

Reports out of Brazil indicate a deal still has not been reached between exporting companies and Monsanto regarding the collection of royalties on its inse...

The last two or three years have been tough on commodity index funds. Most have lost money. However, rightly or wrongly, index funds are promoted as long-t...

Today's grain, oilseed, cattle and hog prices...

During the last campaign, Brazil exported 4.4 MMT of soybeans in February 2014 (3.8 MMT to China) versus 960,000 MT in February 2013. The upcoming campaign...

The U.S. and Japan have reportedly resumed negotiations on agriculture at this week's Trans-Pacific Partnership (TPP) meeting in Canberra. However, Tokyo w...

Most grain and soy contracts held onto gains until the latter stages of the day session when buying interest slackened and hedge selling began to take over...

The forecast for Russia's 2014 grain production has been lowered as a result of unfavorable weather conditions in areas of the country that have impacted t...

Today's grain, oilseed, cattle and hog prices...

It was another "Turnaround Tuesday" for grain and soy futures markets. Prices gained modestly overnight in relatively light volume. The gains were limited...

Grain traders in Iran have been quietly buying corn supplies in Black Sea markets with trade estimates that about 120,000 MT have been purchased. Prices ar...

The 2014 crop year was an exceptional one for rapeseed in the EU-28. Total production this year is estimated at 23.93 MMT by Oil World and 23.5 MMT by USDA...

U.S. EPA will likely announce its final Renewable Fuel Standard (RFS) blend requirement after next month's election. Had the Obama administration wished to...

Global economic uncertainties are likely to continue, and they will influence commodity markets including grain and soy periodically. However, many of the...

Yesterday's WTO ruling regarding the updated implementing rule for the U.S. country-of-origin labeling (COOL) law could have implications for U.S. den...

Indications are that soybean shipments to China in October have been steadily declining. Part of the reason is a short-term drop in demand due to the seaso...

Today's grain, oilseed, cattle and hog prices...

Wheat exports from Germany, Poland and the Baltic states are higher than a year ago. However, they are significantly slower from France (the biggest EU pro...

Today's decree essentially found that the implementing rule does provide less favorable treatment for Canadian and Mexican livestock, but stopped short of...

We are seeing a number of analysts telling producers they ought to be selling not just 2015 production, but also some 2016 production. This does seem very...

It seemed like we were back to trading big yields and excellent corn and soybean harvest weather today, not fund short covering or rebalancing. U.S. financ...

The weekly export sales report released today wasn't enough to hold the market together as selling pressure started to mount in the soy complex, and there...

Ethanol proponents' rebuttal to the California Air Resource Board's (CARB's) proposed indirect land use calculation (ILUC) offers both a sharp tongue about...

Today's grain, oilseed, cattle and hog prices...

While India's poultry industry is against any trade of U.S. poultry meat, the general view is that such imports will be of low volume and not harmful to th...

This week saw aggressive fund buying in the absence of any significant hedge selling, and prices went up instead of down. The strength during harvest likel...

Although farmers are currently unable to fly over crop fields or pastureland to capture pictures or video of anything that would be sold commercially, ther...

NOPA's monthly soybean crush report, which was released yesterday, indicated soyoil stocks at the end of September totaled 936.88 million pounds (424,965 M...

Whenever it becomes time for Congress to create a new farm bill (technically, to amend the 1938 and 1949 legislation), we are amazed by the number of diver...

Outside markets displayed a relatively calmer tone today. Grain and soy futures traded rather quietly, and prices were mixed during the overnight session w...

A few days ago, Indian officials dropped the hint that they were in negotiations in Geneva for a permanent "due restraint" agreement, allowing them to oper...

Today's grain, oilseed, cattle and hog prices...

USDA Secretary Tom Vilsack has declared that he will initiate a new beef checkoff that will operate side-by-side with the current version. Checkoff revenue...

Today's grain, oilseed, cattle and hog prices...

Mexican Economy Secretary Ildefonso Guajardo is threatening to challenge the U.S. sugar program in the WTO, but the American sugar industry is likely...

In Paraguay almost 70 percent of the wheat crop is already harvested with very good quality. This is a little surprising because there were some excessive...

Market experts indicate that 26 percent of the total 2014 Ukrainian wheat harvest is of milling quality. In addition, approximately 36 percent of the milli...

The November soybean price swung between 14 cents higher and 14 cents lower before closing down 12.25 cents at $9.525. Non-commercials have been shrinking...

In its letter to President Obama, the U.S. Biotech Crop Alliance cited serious challenges to trade because of an unpredictable framework for approvals of n...

Wheat futures prices closed 4-6 cents higher due almost entirely to the influence of the other markets. Last week's mediocre inspections show that wheat ex...

It is widely assumed that the November WASDE estimates for corn yield and production will likely be larger than October's. This assumption will grow strong...

Now that we have entered MY 2014/15, it is worthwhile to once again realize just how dominant China is as the main driver of global demand for soybeans and...

Today's grain, oilseed, cattle and hog prices...

Egypt is considering a free trade zone with Russia, Kazakhstan and Belarus, also known as the Eurasian Economic Union. This would allow for increased expor...

China may in some ways favor Russia, but it has been ambivalent about the situation in Crimea. More importantly, it will buy Russian energy and opportunist...

The EU wheat (French, German and Baltic, etc.) remains more competitive for most destinations versus Russian and Ukrainian origins. Russia's remaining surp...

Corn started to move reluctantly higher with the rally in soybeans, but advanced up sharply at mid-morning. There was little news around to excite the whea...

Today's grain, oilseed, cattle and hog prices...

China's Ministry of Commerce (MOFCOM) recently released the revised Measures for Overseas Investment Management, intended to encourage more Chinese compani...

This most recent estimate is founded on expanding pig production, higher farrowing intentions for the last quarter of 2014 into 2015 and a more rapid forec...

The brand new, only partially-deployed 2014 Farm Bill may have to be rewritten as the outlook for commodity prices is substantially lower than the one used...

Prices appear set to make a move higher, following a smaller-than-expected crop production coupled with some significant quality problems.Malting barley pr...

Corn prices in India have been moving lower over the past few weeks with no sign that the downslide is likely to stop. An end to this bearish trend will re...

The markets have been anxiously waiting for today's USDA yield and production estimates for corn and soybeans since the September report was released. Near...

Assuming the Republicans maintain their majority in the House, there will be a number of committee gavels to pass. This includes the House Agriculture Comm...

Today's grain, oilseed, cattle and hog prices...

Mexico is reportedly demanding completion of a suspension agreement with the U.S. on antidumping and countervailing duty cases involving sugar by the end o...

It was a topsy-turvy day in the markets both before and after the release of USDA's October reports. Volume in corn and soybeans was very large. Wheat volu...

With Europe's ban on antibiotic usage for growth promotion in livestock and new voluntary standards in the U.S., the antibiotic share of the feed additive...

A sizeable portion of increased global supplies will be in the hands of exporting countries. The U.S., Canada, Brazil, Argentina, the EU, Russia, Australia...

Corn futures swung back and forth before winding up with modest gains of less than 2 cents. Wheat prices at all three markets clocked double-digit losses t...

Today's grain, oilseed, cattle and hog prices...

The Argentine government claims that farmers and exporters are holding as much as 21-22 MMT of stocks as a hedge against inflation, which it considers fina...

Bloomberg reports that China plans to globalize its currency by allowing its citizens to invest abroad and permitting Chinese companies to sell yuan-denomi...

Coming on the heels of an announcement that American taxpayers are subsidizing rich Brazilian cotton growers with over $800 million, it has been revealed t...

A question in the Brazilian soybean market has become, "Which will have more pressure to drop – the port premiums or the paper in Paranagua?" Most likely,...

Ukraine is reported to have produced a record volume of vegetable oil in MY 2013/14. Its share of the global market has been rising for seven years and rea...

Today's grain, oilseed, cattle and hog prices...

The stealthy wheat market has staged a technical "adjustment." Chicago wheat futures have mirrored the corn market by closing higher for the last six tradi...

The Argentine government is reportedly  considering the establishment of a national grain company to compete with multinational exporting firms. Argen...

Why have grain and soy markets broken out of their dull mode and rallied so sharply with the October WASDE now only three days away?Grain and soy futures o...

Today it was wheat's turn to lead the rally, and it did so in style. All three wheat markets spent most of the day session preening with double-digit gains...

There have been developments in a few major legal issues relating to agriculture that have unfolded in the past several days, and the final resolutions of...

Policy for the Rest of 2014 The upcoming U.S. election is occurring amidst geopolitical upheaval and macroeconomic malaise, but there is a pan-Pacific poli...

Officials in Egypt are stating that wheat imports in 2015 will drop by 50 percent to 4-4.5 MMT. However, most experts there don't expect any serious declin...

Today's grain, oilseed, cattle and hog prices...

Today's grain, oilseed, cattle and hog prices...

Although the Chinese government has launched a new media campaign to educate and promote the safety of GM agricultural commodities, a quick review of China...

Senator Aecio Neves trailed far behind Marina Silva and President Dilma Rousseff early in the campaign, but placed second in Brazil's presidential election...

There was no unexpected export business around or any adverse weather forecast that could have been the cause. This would seem to be a good old-fashioned s...

The market in Romania and Bulgaria is very quiet. Farmers are still holding a large volume of wheat, but they prefer to wait for higher prices later in the...

Markets opened much firmer than expected Sunday evening and then continued to strengthen during the night and into today's session. Soybeans were clearly t...

The U.S. reportedly settled a trade remedies case with Indonesia, although the solution is off point from the original challenge. Trade Policy Deflections...

There were representatives from the malting barley and sunflower industry at the meeting. This supports the idea that the "minor" crops are engaged in watc...

Today's grain, oilseed, cattle and hog prices...

India's 2013/14 basmati rice crop saw different varieties purchased by millers at prices ranging between $485-625/MT. For several reasons, however, the pri...

On Sunday, there will be a presidential election in Brazil where the Rousseff government has developed and implemented a tax credit for ethanol imports. In...

Markets were quiet in light overnight trading activity. It was a low volume back-and-forth trading session with little in terms of fresh market inputs. Cor...

To say that the U.S. and EU economies are structured differently is an understatement. While public sector employment in the U.S. is smaller and has been d...

Today's grain, oilseed, cattle and hog prices...