In what has been an intense week of market activity, Friday’s action was at once modest but demonstrative of the volatile path ahead.
Volume was constrained, except in soyoil and SRW, two contracts that closed higher today and for the week.
The cattle market continued its march higher with new highs for both live and feeder contracts.
Wheat has now bottomed out and corn cannot seem to break a bottom that fundamentals imply s due.
It is a dry finish to dry North American growing season, and many believe that this week’s WASDE report was not the final word on its impacts.
For the week, soyoil is back in the winner’s circle for the largest gains, while its sibling, soymeal, took the larg...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
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...