FOB prices were steady this week, while corn became the commodity with movement as several trades were reported. Asian consumers and trading houses are very active in the market, mainly buying March-May shipment. Movement in more deferred shipments seems to be directed by a particular strategy.
Weather Rains fell this weekend north of Buenos Aires and in Entre Rios. Although some local players are analyzing their effect on the corn crop, anything of significance is unlikely. At most, there might be some harvest delays in those specific areas. The map below shows the precipitation of the past 24 hours:The weather situation will be carefully monitored in coming weeks because the harvest in the nucleus crop area will begin at any moment. D...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
