The full story of the 2012/13 year for U.S. soybeans and soy products is yet to be written. When it can be written, the 2012/13 year for the soy complex probably will not stand out in the statistical record book. U.S. soybean production in 2012/13 did not set any records. After the final numbers are counted, the volume of soybeans crushed and the volume of soybeans exported will be unremarkable among the historical records for the soy complex. Even so, we believe we can safely say that those involved in soy markets and the soy complex will remember 2012/13 and its unique complexities for quite a long time.Just consider the factors that are making 2012/13 so different:
The drought in 2011/12 that cut Brazilian and Argentine soybean pro...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
