World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat Rallies on Dry Plains Weather; Cattle Futures Hit New Records

The CBOT saw wheat lead the way higher as traders are increasingly concerned about dry weather in the U.S. Southern Plains, as well as parts of the Black Sea. That strength spilled over into corn and soybeans a little bit, but neither of those markets could sustain any meaningful rallies. Fresh fundamental news was light for the day and much of it was focused on the weather – in the U.S. Plains, southern Brazil and Paraguay, and to a lesser extent the Black Sea. Funds were net buyers in wheat and covered shorts there but remained relatively flat in the corn market and soy complex. More interesting was the resumption of strong buying in the cattle markets with futures hitting new contract and all-time highs and dragging the hog market...

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feed-grains soy-oilseeds wheat

Market Commentary: CBOT Gains After USDA Reports; Soyoil Leads Soy Complex Higher

The CBOT was mostly higher following the all-important Prospective Plantings and Grain Stocks reports with traders looking to price in emerging factors now that USDA’s thoughts on the acreage situation are known. For corn, the emerging factors are dryness in Brazil that could start to thr...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.6175/bushel, up $0.045 from yesterday's close.  May 25 Wheat closed at $5.405/bushel, up $0.035 from yesterday's close.  May 25 Soybeans closed at $10.3425/bushel, up $0.195 from yesterday's close.  May 25 Soymeal closed at $292.3/short ton, down $0.4 fro...

Uncertainty Ends

Trump’s tariff threats are said to be causing uncertainty, though its intent is transparent. One thing tomorrow’s release of the tariff plan will not end is the duplicity of its opponents. Let’s look at some of the sturm und drang and its meaning. East Asia: A joint statement...

feed-grains soy-oilseeds wheat

Market Commentary: CBOT Gains After USDA Reports; Soyoil Leads Soy Complex Higher

The CBOT was mostly higher following the all-important Prospective Plantings and Grain Stocks reports with traders looking to price in emerging factors now that USDA’s thoughts on the acreage situation are known. For corn, the emerging factors are dryness in Brazil that could start to thr...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.6175/bushel, up $0.045 from yesterday's close.  May 25 Wheat closed at $5.405/bushel, up $0.035 from yesterday's close.  May 25 Soybeans closed at $10.3425/bushel, up $0.195 from yesterday's close.  May 25 Soymeal closed at $292.3/short ton, down $0.4 fro...

Uncertainty Ends

Trump’s tariff threats are said to be causing uncertainty, though its intent is transparent. One thing tomorrow’s release of the tariff plan will not end is the duplicity of its opponents. Let’s look at some of the sturm und drang and its meaning. East Asia: A joint statement...

Quick Hits: Agency Employment, Grains Reports, and Biofuels

USDA Retirement: USDA employees have until 8 Apil to decide whether to participate in the administration's so-called deferred resignation program. USDA employees were sent an email last night titled “Deferred Resignation Program 2.0,” which says they must make a decision by the dead...

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