Mar 25 Corn closed at $4.3725/bushel, down $0.0625 from yesterday's close. Mar 25 Wheat closed at $5.4125/bushel, down $0.0375 from yesterday's close...
Articles
Sino-Ag Developments
EconomyLeaders gather this month for the annual Central Economic Work Conference with the view of another sub-par year ahead and the need for bold action t...
Transatlantic Dynamic; Doubling Down
Transatlantic DynamicThose in U.S. agricultural trade policy agree with Donald Trump that the EU treats America badly. The large U.S. agricultural tr...
Black Sea Regional Analysis
Russian Grain Markets: 9 – 13 December 2024Russian grain markets remained relatively stable but, in some areas, especially export platform, prices were bea...
Market Commentary: New Contract Lows for Soybeans; Soyoil Makes Bear Move; Feeder Cattle Post Turnaround Tuesday
Bears were in full control of the CBOT on Tuesday with soybeans hitting new contract lows, soyoil posting a bearish breakout from technical formations, and...
Dissecting the Retail Sales Report
Retail sales rose 0.7 percent in November; this was slightly higher than the consensus expectations. There are a few nuances to consider, however. First, t...
Summary of Futures
Mar 25 Corn closed at $4.435/bushel, down $0.015 from yesterday's close. Mar 25 Wheat closed at $5.45/bushel, down $0.05 from yesterday's close. ...
Tear it Up II; Splitting GM Wheat; DOFE
Tear it Up IICanada’s finance minister, Chrystia Freeland, resigned and President-elect Donald Trump is being blamed. That is an over-simplification and sh...
Middle East, Mediterranean and Africa Regional Analysis
MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGIONEgypt is rumored to be considering further devaluation of its currency against the U.S. dollar. T...
Livestock Industry Margins
Pork packers were the only sector of the livestock industry to see significant improvement in profit margins last week. In contrast, beef packers saw margi...
Market Commentary: Corn Bounces while Soybeans Fall; Cattle and Hogs Post Bearish Reversals
The CBOT was mixed on the start of the last full trading week of 2024 with exports and South American weather being the primary variables to affect market...
Lame Duck Docket: Appropriations, Farm Bill and Ag Related National Defense Authorization Provisions
As of today, Congress has four days until government funding expires, and 15 days to pass a farm bill extension before (31 December) permanent law goes int...
Mercosur Regional Analysis
Wheat Argentina’s wheat harvest recorded a week-on-week progress of 15.8 percentage points and reached 63.9 percent of the total area. Yields remain g...
Summary of Futures
Mar 25 Corn closed at $4.45/bushel, up $0.03 from yesterday's close. Mar 25 Wheat closed at $5.5/bushel, down $0.0225 from yesterday's close. Jan...
European Market Analysis
Regional News Last week, a vessel rammed a lock on the Moselle River in Germany, which led Euronext to suspend delivery at French delivery ports on th...
Trump’s War on American Agriculture
American agriculture is already facing a less affluent future. Commodity prices have softened, and South America now dominates the global export market. Th...
CFTC COT Report Analysis
The major theme of the latest CFTC report is that funds continued to build length in the corn market on strong export demand and added length to seasonal r...
Market Commentary: Dithering Through the Holidays
There is no way to make this sexy. This is a market mostly perceived to be at equilibrium. Perceptions can be wrong but with nothing else to go on, volume...
Argentina’s Economy One Year after Milei
A look at Argentina’s fiscal and economic policy is instructive on two levels. First, understanding its impact for Argentina’s position in ag commodity tra...
Summary of Futures
Mar 25 Corn closed at $4.42/bushel, down $0.015 from yesterday's close. Mar 25 Wheat closed at $5.5225/bushel, down $0.0625 from yesterday's close.&nb...
Near-Term Beef and Cattle Market Outlook
The recent unexpected surge in physical fed cattle prices has created significant discussion about what the beef and cattle price environment will be headi...
Market Commentary: Grains, Oilseeds, Cattle All Fall on Exports and Technical Pressure
A disappointing Export Sales report for most of the major commodities sent CBOT futures broadly lower on Thursday. Export sales and shipments for corn, soy...
Livestock Roundup: Bullish WASDE 2025 Outlook
This week’s WASDE held steady the price outlook for 2024 fed steers and broilers and increased hog prices slightly. The fed cattle price has generally been...
Food Fight Ahead; UPF Boogeyman
Food Fight AheadThere are two committee confirmation hearings that aggies will be watching intently early next year: the Senate Committee on Health, Educat...