General Comments Markets were softer overnight on extremely light volume. Fewer than 1,000 May soybean contracts traded in the first hour or so. Corn gradually became the market leader and turned higher after the open outcry session got rolling. Volume never did improve significantly today. It is likely that will be the case the remainder of this week. Markets are closed on 29 March in observance of Good Friday. Much of the world also will be closed Monday. USDA's very important quarterly stocks and planting intentions reports will be released at 11 a.m. CDT Thursday, 28 March, and that might limit market activity until people see the actual numbers.New crop prices were gaining on old crop probably because extended weather forecasts st...
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Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...