THE OPEN March beans: 1/4 lower March meal: 2.00 higher March soyoil; 64 lower March corn: 1/4 higher March wheat: 2 1/2 higher The markets opened as called with early morning profit-taking in the energy sector weighing on soyoil futures and oilshare. End-of-year adjustments were noted for corn and beans as well, with ideas that prices are now approaching the higher end of trading ranges. Trump tweeted that he would sign the initial trade deal with China at the White House on January 15, as well as planning to travel to Beijing at a later date to discuss phase two agreements. SOY
March soyoil led to the downside of trade, with prices following a sharply lower palm oil, energy,...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
