Key Market Insights Macro: Dollar Up, Stocks Down The U.S. dollar moved higher today, creating another headwind for American exports. A stronger dollar makes U.S. commodities more expensive on the global market and can make it harder for exporters to compete against South American and Black Sea supplies. At the same time, equity markets moved lower as investors weighed renewed geopolitical tensions, trade uncertainty, and shifting economic expectations. Neither development changes grain balance sheets today, but both can influence fund flows and risk appetite across commodities.
Energy: Tight Supplies, Bigger Headlines The latest EIA report showed U.S. crude oil inventories falling 8 million barrels, double trade expectations. Another 8 mi...
What You Need to Know Today: Grain futures fell hard overnight after the USDA’s Crop Conditions report showed better-than-expected ratings for corn and soybeans, despite difficult weather last week. The Conditions report was even more bearish in light of meaningfully beneficial rains acr...
Key Takeaways: New Mexico’s Clean Transportation Fuel Program expands demand for low-carbon fuels and creates another market for renewable feedstocks, adding incremental pressure to already limited supplies of lower-carbon inputs. Growing competition for waste-based feedstocks such as an...
As WPI reported on 17 July, the recently passed budget reconciliation bill in the House Budget Committee includes $12 billion in emergency farm assistance. This would be the seventh of the past nine years with ad hoc farm payments (FY2018, FY2019, FY2020, FY2022, FY2023, FY2024, and potentially...
