World Perspectives
feed-grains soy-oilseeds wheat

Middle East, Mediterranean and Africa Regional Analysis

Egypt reports that current wheat supplies are sufficient until July 2016 and that it is planning to purchase 4-4.5 MMT of local stocks during the April-July harvest. Meanwhile, the ergot situation remains unresolved as the government and the FAO  analyze/review standards. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The ergot situation in Egypt is no clearer this week than last. The agriculture ministry continues to maintain that levels of up to 0.05 percent in wheat will be accepted at the present time while the Egyptian government and the Food and Agriculture Organization (FAO) of the United Nations analyze/review ergot standards. As usual, however, the ag quarantine authorities are still insisting that the standard is mand...

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feed-grains soy-oilseeds wheat

Market Commentary: Trade Optimism Sparks Soy, Corn Rally

News that President Trump may be taking a more conciliatory stand towards China and that key leaders from Beijing and Washington are meeting to discuss the trade war emboldened funds on Monday. The soy complex was the upside leader with soybeans posting a bullish technical day as funds position...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2325/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0475/bushel, up $0.01 from yesterday's close.  Nov 25 Soybeans closed at $10.3175/bushel, up $0.1225 from yesterday's close.  Dec 25 Soymeal closed at $285/short ton, up $4 from ye...

livestock

Will Argentina Beef Imports Rescue High U.S. Beef Prices?

Last week, due to the coincidental timing of the deal with Argentina and elections coming there on 26 October and with Javier Milei being a close ally of President Trump, we speculated that Trump’s plan for lowering beef prices relied, at least in part, on Argentine imports. On Sunday, Tr...

feed-grains soy-oilseeds wheat

Market Commentary: Trade Optimism Sparks Soy, Corn Rally

News that President Trump may be taking a more conciliatory stand towards China and that key leaders from Beijing and Washington are meeting to discuss the trade war emboldened funds on Monday. The soy complex was the upside leader with soybeans posting a bullish technical day as funds position...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.2325/bushel, up $0.0075 from yesterday's close.  Dec 25 Wheat closed at $5.0475/bushel, up $0.01 from yesterday's close.  Nov 25 Soybeans closed at $10.3175/bushel, up $0.1225 from yesterday's close.  Dec 25 Soymeal closed at $285/short ton, up $4 from ye...

livestock

Will Argentina Beef Imports Rescue High U.S. Beef Prices?

Last week, due to the coincidental timing of the deal with Argentina and elections coming there on 26 October and with Javier Milei being a close ally of President Trump, we speculated that Trump’s plan for lowering beef prices relied, at least in part, on Argentine imports. On Sunday, Tr...

Ag Complexity; Some Get Disciplined; Vice Pays to Virtue

Ag Complexity President Trump hasn’t met a problem he doesn’t think he can solve, and that is a good thing, but it does run into the reality of systems complexity. His effort to help Argentina, a country with what he sees as sympatico political leanings and near collapse from debt i...

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