No one was outright bullish about wheat. The consensus was cautionary heading into 2015 because of the potential production problems that "might" occur.I was a participant in the trading session of the International Association of Operative Millers (IAOM) Africa/Middle East conference in South Africa late last week. Wheat was of course the primary topic of conversation, and there was a wide range of speakers covering everything from Black Sea country reports to world ocean freight markets. Here are some notes from the various speakers:
Ocean freights have been very inexpensive and are forecast to remain that way through 2015 as well as perhaps far beyond that. The problem is simple. Too many new vessels are still being built, and the sal...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
