It was another day lower for the grain and oilseeds sectors, and another day of weak volume for corn and the soy sector. The causes have not changed:
A strengthening dollar Very good harvest weather in the U.S. Potentially better weather in South America late next week
If good rains materialize next week in South America, there will be more blood in the water. This ignores what happens if central Brazil and southwestern Argentina remaining gasping for moisture. The dollar rose 2.19 percent on the week, but WTI and Brent crude oil had outsized gains, climbing 9.53 percent and 8.75 percent, respectively. Soybeans and soymeal ended the week lower, but there were modest gains elsewhere across the board.
Large food...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
