Changes in U.S. market share for global soyoil exports, along with those of soymeal, are analyzed. Results offer insight into the opportuniti...

The biggest crop-related issue today is not what might happen in the upcoming farm bill; rather, it is what occurred yesterday at the Department of Justice...

Regulated Commodity The Commodity Futures Trading Commission (CFTC) announced that it will hold hearings at the end of the month to examine issues related...

Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Elsewhere,...

Markets were mixed in the Thursday night session, and that’s pretty much how they ended the week. Corn didn’t do anything today, while soymeal...

WPI provides a summary of the week’s futures price activity and the gains/losses experienced by grain, oilseed, and livestock markets along with USDA...

The North Dakota State University (NDSU) extension service recently released its initial crop budget worksheets for 2018. It breaks the state of North Dako...

Higher Supplies Keeping Sugar Prices in Check India’s sugar production reached 10.3 MMT as of 31 December 2017, a 25.36 percent increase from the tot...

The New York Times identified a trend that would be the hoot of the New Year if it were not so deadly – raw water. It notes consumers drinking unfilt...

New Year’s Anti-Fat Message A panel of experts, pickd by U.S. News and World Report, rated the ketogenic diet as tied for worst option on its list of...

CME grain and soy complex futures traded both sides early during the overnight session, but they gradually drifted slightly lower as trading volume decline...

Changes in energy products’ recent price behavior point to potential trading opportunities. Similarly, the momentum indicators in grains show opportu...

USDA’s array of January reports will be released on 12 January. They will include: the last estimates of the average yields and production for the 20...

Growing Soybean Rust Problem in Parana Asian soybean rust can be a devastating pathogen if not adequately controlled, and agronomists in Brazil recommend t...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Good afternoon from a very chilly Washington, D.C. The ‘bomb cyclone’ is hitting the northeast U.S. with wind, snow, and plenty of cold. Fortun...

Russia: Grain Export Update According to data provided by the Federal Customs Service of Russia, 26.595 MMT of grain were exported as of 27 December and fr...

Wrong Court The EU-Japan Free Trade Agreement will now start hurting U.S. exporters, and the next ding will come when the Trans-Pacific Partnership (TPP) s...

Overnight futures trading started out rather slowly, but they then accelerated both in terms of volume and upward price movement during the early morning h...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Recent price activity for ag, energy, and soft commodities is examined in tabular and graphical format. The most important price analysis is distilled for...

Surprisingly, wheat led the commodity complex higher today with soybeans a reluctant follower and corn futures unwilling to touch $3.55/bushel. U.S. stocks...

Policy Xi’s Policies Promise New Future for Small Farmers With market data updates slow to materialize because of the New Year’s holiday, this...

The second session of the 115th Congress will convene tomorrow, the start of a very busy schedule for the year. President Trump, House Speaker Paul Ryan (R...

Research by USDA/Economic Research Service (ERS) economists Annemarie Kuhns and Michelle Saksena reveals the contradictions and challenges posed to the foo...

With the closure yesterday and overnight because of New Year’s Day, CME grain futures markets opened for the first post-holiday trading session at 9:...

In 2017, U.S. corn and soybean growers experienced unexpectedly large yields, but the benefits of that were largely offset by very low crop prices. Winter...

Drought Continues in Parts of Argentina Relatively little rainfall was received this past weekend over Argentina’s soybean and corn growing areas, es...

Ag, energy, and soft commodity futures’ technical patterns, including momentum and long-term indicators, are examined. Changes in the forward curve f...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Good afternoon and Happy New Year! It’s been a generally upbeat day on both Wall Street and West Jackson street in Chicago with U.S. equities and ag...

MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s government has announced that the official customs exchange rate will remain at the current level of 16 EG...

Changes in U.S. market share for global soyoil exports, along with those of soymeal, are analyzed. Results offer insight into the opportunities U.S. export...

The Congressional Budget Office (CBO) issued a report, “Options to Reduce Budgetary Costs of the Federal Crop Insurance Program,” on 22 Decembe...

The WPI team extends best wishes to you and your families for a healthy and Happy New Year. Please note that our next report will be issued 2 January...

Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Elsewhere,...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

Making prognostications about the year ahead has always been risky business, but predictions about the future have become a great deal more suspect followi...

Markets ended the year mixed on extremely light volume. Corn and wheat futures were 1-2 cents lower much of today’s session, and soybeans traded both...

This year ends with a peek at the latest numbers from the CFTC’s Commitment of Traders (COT) report. The chart below shows the net reported positions...

Soymeal Prices on the Rise  Demand for soymeal and soyoil is robust, but the soybean supply is limited and slow. The government of India’s (GOI&...

Hogs and Pigs Report USDA released this quarterly report last Friday, which was previewed here the previous day (see Ag Perspectives, 21 December). The tot...

Grain and soy futures prices were mixed as last evening’s trading began, but they soon drifted lower with soybeans and soymeal taking the lead in typ...

In the closing days of the year, it is standard procedure for commentators to put forth their lists of the best, worst or most important items of the past...

  Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Else...

Donald Trump upended conventional trade policy in 2017, but there are critical deadlines in 2018 that will reveal the wisdom or calamity of his ways. While...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

More information is now available regarding China’s new foreign material (FM) standard for soybean imports from the U.S. (see Ag Perspectives, 22 Dec...

In contrast to the combination of red and green hues traditional at Christmas time, the CBOT featured mostly red today. Corn, the entire soy complex, and C...

Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Elsewhere,...

Yesterday’s price trends carried over into the overnight session with soybeans and soy products firmer while the grains were near unchanged to slight...

Organic Enforcement An increase in products, particularly via importation, being falsely marketed in the U.S. as organic has prompted legislation to double...

Russian Grain Markets: 18-22 December 2017 Domestic prices moved in different directions. On the export market, milling wheat prices continued to drop, fal...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Grains are higher while the soy complex is under pressure. After yesterday’s fireworks in the soybean pit, the weather situation is failing to develo...

Oilseeds Soymeal Inventory Climbs Again, Reaching 10-Week High China’s nationwide soymeal inventory hit a 10-week high through mid-December as crushe...

Export demand is playing an increasingly larger role in the energy markets. Since 2010, those exports have more than doubled with very strong growth occurr...

Markets reopened this morning after the Christmas holiday with the same lack of enthusiasm that prevailed last week. There was little by way of fresh news...

For many months, the CME grain and soy markets have been stuck in a fundamentally, technically and emotionally bearish pattern. Typically, trading volumes...

Farming is a mess, given its contribution to soil erosion, desertification and other maladies. However, fishing is even worse. At least the effects of farm...

Ag, energy, and soft commodity futures’ technical patterns, including momentum and long-term indicators, are examined. Changes in the forward curve f...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

China’s Soybean Imports Data released today by China’s General Administration of Customs indicates the country’s U.S. soybean imports tot...

Merry day-after-Christmas! Corn and wheat futures were generally quiet in the market’s annual post-Christmas trading lull while soybean futures were...

The WPI team sends best wishes for the holiday season to you and your families. Plese note that our next report will be issued on 26 December   ...

Tax Tiff It brings the effective (total) tax rate on U.S. companies down to Europe’s average effective rate, but the Wall Street Journal notes that t...

China Tightens FM Standard for U.S. Soybeans China intends to tighten its foreign material (FM) standard for U.S. soybeans, effective 1 January 2018. Soybe...

  Changes in energy products’ recent price behavior point to potential trading opportunities. Similarly, the momentum indicators in grains show...

The House and Senate both passed a continuing resolution (CR) yesterday (before today’s funding deadline) that will keep the government open until 19...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

There was an interesting news story from Paris, carried by Reuters in these last days before Christmas, entitled “France to raise minimum food prices...

Sugar Prices Under Pressure as Production Rises India’s 2017/18 sugar production totaled 6.94 MMT as of 15 December 2017, up 5.346 MMT (29.81 percent...

Cattle on Feed inventory were up 8 percent, placements up 14 percent, and marketings of 1.84 million head were the highest for November since the series be...

Merry Christmas! Markets closed early today at 1 p.m. (EST) and will reopen on Tuesday at 9:30 a.m. (EST). The grain and oilseed markets were fractionally...

2017 was an eventful year for the U.S. economy and the agricultural markets. 2018 promises to be just as interesting, although perhaps not as bullish. ...

Tomorrow, the last business day before Christmas, will be a busy one for livestock news. USDA will be releasing its quarterly Hogs and Pigs inventory repor...

In an otherwise dull market, today’s USDA/FAS export sales report was a pleasant surprise. For the week ending 14 December, the totals for wheat, cor...

Fri 12/22/2017 12:00 pm Cattle on Feed NASS 12:00 pm Chickens and Eggs NASS 12:00 pm Cold Storage NASS 12:00 pm Cotton Ginnings NASS 12:00 pm Hogs and Pigs...

Selective Efficiency Hampton Creek, the artificial foods maker, has announced a new product. It had earlier purchased its own fake mayonnaise from grocery...

 Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Elsew...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

By its nature, grain farming is a risky business, and most farmers are generally tolerant of the chances they take every year. It is commonly said that som...

Trader’s pre-Christmas exit from the markets was notable today as grains and oilseed futures traded lazily in low volume. One analyst remarked on twi...

Commodity Analytics shows the most recent data for grain export sales and shipments along with historic patterns. Current deviations from historic norms po...

Thu 12/21/2017 8:30 am Weekly Export Sales FAS 9:00 am Food Price Outlook ERS 3:00 pm Cost of Pollination   NASS 3:00 pm Livestock Slaughter NASS...

Russian Grain Markets: 11-15 December 2017 Market Trends A 3.9 percent increase in the railroad transportation tariff for grains contributed to increases i...

German Torheit The European department at the German Bundestag is seeking to appease Social Democrats and Greens by reportedly arguing that a national ban...

Congress finally passed the Republican overhaul of the U.S. tax code today and sent it to President Trump for his promised signature. Republicans promised...

Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Elsewhere,...

Grain and oilseed futures traded quietly today ahead of the Christmas and New Year’s holidays. With the dry Argentine weather moderating there is lit...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Oilseeds Soymeal Inventory Reverses Course: With soybean crushers returning to normal activity and ramping up output in anticipation of higher feed demand,...

Recent price activity for ag, energy, and soft commodities is examined in tabular and graphical format. The most important price analysis is distilled for...

Today’s grain and soy markets could be described as in the holiday doldrums, but they have been in that state since long before the season’s ap...

The U.S. is not the only country debating the future of biofuel compliance credits, which are known as Renewable Identification Numbers (RINs) there. Biofu...

Beating up on U.S. wheat markets has virtually become a habit for those analysts still paying attention to them. The irony of U.S. 2017 planted wheat acrea...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Argentina Apparently Seeks U.S. Deal  Argentina’s decision to raise the export tax on biodiesel from zero to 8 percent (see Ag Perspectives, 14...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Black Sea wheat and corn FOB futures contracts, which are for 50 MT each, can now be traded on CME Glob...

Renegotiating Renewable The high cost of Renewable Identification Numbers (RINs), now at $0.98 after reaching $1.07 in October, is hurting smaller oil refi...

One of the numbers that will be released in the 12 January USDA reports will be the estimate of winter wheat plantings. Those and spring-planted wheat acre...

Markets started the Sunday evening session firm and finished that way. Wheat was the leader with small gains in all three markets. Meanwhile, corn and soyb...

It was the week before Christmas and all through the House (and Senate), lawmakers were meeting deadlines and advancing priorities with care. Indeed, Congr...

Soybeans Chinese crushers were avid buyers of spot beans last week, purchasing all cheap offers available for December and January. Their margins improved...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports include in this list span those covering feed grai...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Recent price activity for ag, energy, and soft commodities is examined in tabular and graphical format. The most important price analysis is distilled for...

Milling Wheat The Black Sea market continued to be about unchanged last week. Domestic prices in Russia increased $1-4 in the main production regions. A bo...

Changes in Commodity Analytics’ short-term technical indicators for grain futures should be carefully examined against long-term signals. Elsewhere,...

It’s an annual tradition at this time to look back and assess where certain matters stand prior to the New Year. In that spirit, below is a summary r...

Fracturing Food Major food processing companies (Unilever, Tysons, Campbell Soup Co., Nestlé, Dean Foods and Mars) have quit the Grocery Manufacture...

Soy complex prices eased a bit this week on better chances for precipitation across the driest parts of southern Brazil and Argentina over the next 10-14 d...

Higher Cotton Production Expected; Prices Slowly Moving Up: The Cotton Advisory Board (CAB)’s estimate of India’s 2017/18 cotton production is...

Markets were quietly steady overnight in light trading volume. They then started higher this morning on the heels of several export sales announcements, in...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

India coalesced the developing nations in 2001 and forced the rich countries to accept the “Development” part in the WTO’s Doha Developme...

WASDE and Hog Slaughter USDA’s December WASDE report was released this week, and it showed a drop of 180 million pounds in pork production compared w...

Critical Weekend for Argentine Corn and Soybean Crops Weather forecasters are predicting some rainfall this weekend over much of Argentina’s soybean...

Earlier this week, we were asked why grain and soy futures markets do not seem to be taking the lack of rainfall and resulting dryness in portions of Brazi...

Bitcoin mania with its wild price swings has taken over the attention of a good part of the financial world, and now it has become a commodity. Following a...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

Ag, energy, and soft commodity futures’ technical patterns, including momentum and long-term indicators, are examined. Changes in the forward curve f...

Commodity Analytics shows the most recent data for grain export sales and shipments along with historic patterns. Current deviations from historic norms po...

Trudeau Channels Trump The C-Series passenger jet produced by Canadian-based Bombardier and jointly owned by Airbus and the government of Quebec competes a...

Russian Grain Markets: 4-8 December 2017 Market Trends Domestic prices changed insignificantly overall, although there were some regional fluctuations. How...

Oilseeds Soymeal Inventory Down Slightly as Feed Demand Improves Improving downstream fundamentals in the livestock market, particularly in hog production...

Grain and soy prices tried to recover at least some of their losses following yesterday’s WASDE. Overnight trade saw prices inch higher in quite low...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

The Federal Reserve’s Federal Open Market Committee (FOMC) is meeting today and tomorrow. As noted after last month’s meeting (see Ag Perspecti...

MC-11 Update The U.S. is no doubt wearing the black hat at the WTO Ministerial Conference (MC-11) in Buenos Aires. Rather than accede to the agenda being d...

USDA’s December WASDE, released at midday, fits right into the history of previous issues for this month. They very seldom contain surprises but are...

EU Rapeseed Crushers Impacted by Argentine Biodiesel Imports EU rapeseed processors have done quite well in recent years because of EU tariffs blocking bio...

MIDDLE EAST/MEDITERRANEAN COMMENTS: Egypt intends to expand its wheat planting area this year by about 20 percent to 3.74 million acres. The government has...

There was not much incentive to buy/sell grains or the soy complex during the overnight session with the December WASDE looming a few hours later. As a res...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

The U.S. wheat export picture is changing again with the USDA’s latest figures. The agency’s updates to the U.S. and world wheat balance sheets...

USDA’s latest supply/demand estimates for the world’s most prevalent feed grain are analyzed and the most pertinent results shown in graphical...

China’s soybean demand, combined with the U.S. and South American supply situation, offer insights into the coming supply/demand dynamics. USDA&rsquo...

USDA’s updates to the U.S., Argentine, and Brazilian soyoil export situation, combined with changes to China’s and Southeast Asia’s impor...

Updates to the U.S., Argentine, and Brazilian soyoil export situation, combined with USDA’s changes to China’s and Southeast Asia’s impor...

During the 2014 Farm Bill negotiations, the Supplemental Nutrition Assistance Program (SNAP) was a divisive issue that delayed final passage of the legisla...

Transatlantic Devolution Responding to criticism that its management of the Common Agricultural Policy (CAP) results in farm programs that are too complex...

USDA will release its December WASDE report tomorrow at noon (EST), and it has been impossible to find anyone who thinks it will include any numbers that a...

Milling Wheat The Black Sea market again remained about unchanged last week with no major trades reported. The Russian 12.5 pro price has found a stable ba...

Soybeans Brazil Crop conditions in Brazil remain excellent in general. Soil moisture is good with decent rains received regularly. Perhaps the only dry reg...

Markets started the Sunday evening session steady to slightly easier. Selling did gain some momentum in the soy complex, and soybean futures eventually tra...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Bilateral Bungling The WTO Ministerial starts this weekend in Buenos Aires, but no major outcome is expected since the U.S. is supposedly focused on bilate...

Searching for a bullish wheat story over several months has been challenging. There was a six-week rally in wheat last June and July, but futures have drop...

Higher Import Duty Helps Boost Oilseed Prices The increase in the import duty on vegetable oils, which the government of India (GOI) imposed in mid-Novembe...

The overnight trade featured largely steady pricing activity with January soybeans, March corn and March wheat posting slight gains. The upward momentum di...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

Agriculture Lesson in DC U.S. Commerce Secretary Wilbur Ross is a leader on trade issues in the Trump administration, and he has been known to express his...

Egg Case Headed to SCOTUS In 2008, California voters approved a referendum known as Proposition 2, intended to regulate the cage sizes for egg-laying hens...

Brazilian Farmers Investing More in Soybeans, Less in Corn Because of low corn prices and the necessity to treat soybeans for Asian rust, farmers in Mato G...

One of the common threads of important information regularly available to grain and soy markets is the weekly export sales report from USDA/FAS. No matter...

Overnight trading once again saw corn and wheat futures prices reluctant to move very far away from the previous close. Soybeans traded higher briefly, but...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

Fake Agribusiness News CNBC’s headline reads: “Trump must avoid making US farmers the collateral damage of his protectionism, CEO says.”...

Russian Grain Markets: 27 November-1 December 2017 Market Trends Prices mostly remained stable. GEOGRAPHICALLY 3rd grade soft milling wheat prices grew in...

Oilseeds Soymeal Inventory Climbs Again as Crushing Activity Picks Up Through the last full week of November, crushing activity began to recover as environ...

Soybean and corn futures traded slightly higher again overnight, while winter wheat contracts stayed close to unchanged. Trading volume was barely average...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Without trying to add to the salaciousness of the topic, it is worth considering recent revelations of sexual harassment in the context of the possible imp...

Bootstrap Economic Policy Ghanaian President Nana Akufo-Addo surprisingly told French President Emmanuel Macron that his country does not want development...

Argentina Dryness Currently the Soybean Trade’s Key Focus  It is well known by observers of the global soybean market over the last decade that...

As we move deeper into December, the energies and anxieties of the approaching holiday season become more noticeable. Whether that is good or bad depends o...

MIDDLE EAST/MEDITERRANEAN COMMENTS The Iranian port of Chabahar is being officially inaugurated this week with a good deal of the funding for improvement a...

Overnight trading volume in grain and soy markets was substantially less than during the Sunday/Monday overnight session. There was very little effort to p...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

The U.S. Senate passed its tax reform proposal at about 2 a.m. (EST) on Saturday. Informal conference committee talks began as quickly as later that same d...

Soybean futures gapped upward in the Sunday evening session, trading 10-12 cents higher most of the night. The March contract traded right to $10.20, which...

Milling Wheat The Black Sea market remained about unchanged last week. The domestic market in Russia is $1.00-$2.00 higher, while the FOB market is stable...

Soybeans Brazil The Brazilian market was quiet last week. Demand was focused on spot (December/January) positions, but U.S. Gulf (USG) offers are currently...

Soybeans led corn and wheat markets higher in the Sunday evening session, driven by a continuation of the dry weather forecasts for southern Brazil and Arg...

Protectionism and Causes The WTO reports that protectionism has not increased as expected. The number of antidumping investigations by the U.S. fell during...

Soybean futures gapped upward in the Sunday evening session, trading 10-12 cents higher most of the night. The March contract traded right to $10.20, which...

Milling Wheat The Black Sea market remained about unchanged last week. The domestic market in Russia is $1.00-$2.00 higher, while the FOB market is stable...

Soybeans Brazil The Brazilian market was quiet last week. Demand was focused on spot (December/January) positions, but U.S. Gulf (USG) offers are currently...

Cotton Terrorism  Domestic agricultural subsidies distort markets and thus cause a multitude of harms. However, none seems worse than the overproducti...

Markets started this week with a thud. Corn and wheat futures contracts reached new lows on Monday. Meanwhile, soybean futures have continued to trade in a...

Wheat Sowing Slow; Higher Prices Remain Stable The rabi wheat sowing has reached 11.066 million hectares thus far, down 12.41 percent from 12.635 million h...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

Grain and oilseed markets started the month of December higher. Soybeans were the leader on slightly drier forecasts for southern Brazil and Argentina. Whe...

The U.S. EPA today finalized the 2018 Required Volume Obligations (RVOs) for biofuels under the Renewable Fuel Standard (RFS). This is the fifth consecutiv...

USDA Preliminary 10-Year Baseline USDA issues a 10-year baseline report each year in February. This week, however, it released its early projections for th...

Mediocre Soy Export Sales Again Last Week Today’s USDA export sales report indicated last week was mediocre for U.S. soybeans, soymeal and soyoil. Ho...

For many years, USDA analysts have been cobbling together 10-year projections of planted area, yields, production, demand, carryout levels and farm gate pr...

Grain and soy prices crept lower overnight after Wednesday’s trading featured more large-scale liquidation of positions in December contracts. Open i...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

BsAs’ BS The upcoming WTO Ministerial Conference (MC-11) in Buenos Aires (BsAs) is much drama wrapped around deadlocked agendas. Indonesia, whose sta...

Russian Grain Markets: 20-24 November 2017 Prices grew slightly in RUB expression, but they increased more significantly in USD expression due to strengthe...

Soymeal Inventory Rises for First Time in Five Weeks: Clearance delays involving new shipments of imported soybeans due to a backlog in the issuance of GMO...

Overnight trade produced mixed results for grain and soy prices. Soybeans were down, winter wheat was up slightly, and corn was about unchanged after Decem...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

President Trump returned from his Thanksgiving holiday break with a tweet underscoring this week’s make-or-break tax reform. As previously reported m...

Glyphosaticus Subterfugium  Although its roots are Latin, German Chancellor Angela Merkel’s reported anger with Christian Schmidt, her agricultu...

Disappointing Export Sales for Soybeans The 24 November USDA export sales report was very disappointing for soybeans. It showed net soybean export sales fo...

Yesterday Mike Krueger commented on how U.S. barley and oats production has suffered (see Ag Perspectives, 27 November) as those so-called minor feed grain...

MIDDLE EAST/MEDITERRANEAN COMMENTS Saudi Arabia’s proposed sale of state-owned flour mills is reported to be slightly more difficult than expected, c...

USDA’s Office of the Chief Economist provided a look at its initial 10-year baseline projections for 2018-2027 today, which will be updated and expan...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

This month's look at the markets around the world. We have seen a lot of activity this month and things are looking up internationally. Check out this mont...

Yesterday Bob Kohlmeyer shared his typically keen and instructive insight on the upcoming farm bill (see Ag Perspectives, 16 November). His fluency in all...

WTO Views  U.S. Department of Commerce Deputy Assistant Secretary Skip Jones said that the Trump administration could decide to leave the WTO. He argu...

Informa released its initial U.S. planting ideas for the 2018 season, which indicate it is expecting more corn acres and fewer soybean acres. It’s to...

Slumping Corn Prices, but No Export Feasibility Huge corn arrivals in the market yard have led to a seasonal slump in prices, which is a seasonal trend. Ma...

Markets opened steady to higher Thursday evening and then strengthened at today’s opening. They found some short covering to end the week, but there...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

The dynamics between fed cattle marketings and placements are analyzed with their implications for next quarters’ beef demand and pricing. Feedlot tu...

Aussie Livestock in China In the past few years, China has transitioned from being a non-market to an open market and then a closed market for U.S. ethanol...

NOPA Crush Report Suggests Lower Oil Content in 2017 U.S. Soybeans The National Oilseed Processors Association’s (NOPA’s) monthly crush report...

Much like a colonoscopy, every few years it is time for another farm bill, and the process of creating one is about as much fun. Passed in 2014, the curren...

Lower volume and minimal price changes were featured during the overnight session, which is using the word feature very loosely. Winter wheat futures were...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

Zimbabwe’s Ag Policy It is premature to conclude that the military’s takeover of government functions from Robert Mugabe’s regime in Zimb...

Russian Grain Markets: 6-10 November 2017  Market Trends Milling wheat prices rose gradually in RUB expression, but they decreased in USD expression d...

Oilseeds Soymeal Inventory Continues to Shrink, But Pace Slows Increased plant idling through the first week of November led to further contraction in Chin...

Lower volume and minimal price changes were featured during the overnight session, which is using the word feature very loosely. Winter wheat futures were...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

The global biodiesel market is a like a big balloon – if pressure is put on one part (policy changes), there’s a bulge in another. In 2013, the...

Asian Catch-Up? The Trump administration is supposed to make a big announcement tomorrow. Although some believe it relates to a Section 201 opinion regardi...

U.S. Canola Area Up, Production Down in 2017 Last week’s USDA crop production report noted 2.028 million acres of canola were harvested in 2017, up 1...

The Commodity Futures Trading Commission’s (CFTC’s) latest Commitment of Traders (COT) report of 10 November covered futures and options positi...

MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt and Turkey are the two largest importers of Russian wheat. However, if Russia is to double grain exports within th...

Overnight trading in grain and soy futures saw average volume and limited price movement. Markets traded on both sides of Monday’s closes. At the rec...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Last Thursday was a big day for tax reform proposals in Congress. The House Ways and Means Committee passed its Tax Cuts and Jobs Act by a vote of 24-16 th...

Clean Label, Dirty Food Ruth MacDonald and Ruth Litchfield at Iowa State University analyzed the impacts of the clean label movement and conclude there wil...

“She’s back!” is the title of the National Oceanic and Atmospheric Administration’s (NOAA’s) November 2017 La Nina update, wh...

Milling Wheat The Black Sea market again remained about unchanged last week. Demand for Black Sea wheat is slightly weaker than in the peak months of Augus...

Soybeans Brazil The FOB and CNF markets were very quiet last week with little movement. Chinese demand was quite slow and only on the spot. Basis rose ever...

Markets started the new week steady to slightly easier Sunday night. However, they were trading lower by Monday’s close after opening this morning wi...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

The U.S. and Brazil are edging toward a trade war over ethanol. Brazil has imposed a tariff-rate quota (TRQ) on imported ethanol with the full backing of t...

Anti-Glyphenation Weed experts have called glyphosate a one-in-100-years discovery for its combination of efficacy in weed eradication and otherwise benign...

Yesterday’s record corn yield estimate really sealed the fate of the corn market for at least several months. Some significant crop problems in Brazi...

Duty on Wheat Imports After raising the 2017/18 Minimum Support Price (MSP) for wheat by 6.8 percent to Rs.17,350 ($266.19)/MT in a signal to farmers, the...

Markets were steady to fractionally higher overnight, and they traded slightly higher much of today. That was a small surprise considering the magnitude of...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

Chinese Frenemy Donald Trump once again has caused consternation, which this time is over his characterization of China’s trade policy. Until now, he...

WASDE and Exports USDA’s November WASDE report of today projects slightly lower beef and pork production but slightly higher broiler production versu...

No Huge Changes in USDA Soy Forecasts Anyone expecting major changes for the U.S. and global soybean supply/demand situation in today’s USDA crop pro...

Following are the key estimates from the November 2017 WASDE:     2017’s yield magic continues. USDA/NASS raised its estimated U.S. averag...

USDA issued another bearish blow to the corn and soybean markets with its November WASDE. Bob Kohlmeyer delves deeper into the WASDE number and implication...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

Oilseeds Soymeal Inventory in Downward Spiral on Strong Demand Stepped-up idling of plants due to ongoing environmental regulations and strong downstream d...

There is not much to say about today’s grain and soy futures markets. Traders are cautious ahead of tomorrow’s November WASDE, much as they sho...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Thu 11/09/2017 8:30 am Weekly Export Sales FAS 12:00 pm WASDE ERS 12:00 pm Cotton Ginnings NASS 12:00 pm Crop Production NASS 12:00 pm Peanut Prices NASS 1...

Stuff and Fluff of en dehors Donald Trump has adopted the “Asian pivot” of his predecessor but not in the same fashion. While Barack Obama appr...

[Note: The Russian grain and oilseed market information that regularly appears here was unavailable today. We hope to have an update in next week’s r...

U.S. RFS Volumes The Office of Management and Budget (OMB) is reviewing the EPA’s proposed rule under the Renewable Fuel Standard (RFS) program for e...

Geographical Disadvantage Political correctness has turned English political economist David Ricardo’s comparative advantage theory on its head. Inst...

U.S. Soybean Exports and Sales Impacted by Larger Brazilian Sales The first two months (September-October) of MY 2017/18 for soybeans have not been very po...

The story of the 2017/18 crop cycle in the U.S. and the world is being written. However, only the first few chapters have emerged so far, and there will no...

MIDDLE EAST/MEDITERRANEAN COMMENTS As a point of information, November 2017 marks the 70th anniversary of the establishment of the General Agreement on Tar...

It is WASDE week with the November edition due out Thursday noon (EST). Barring emergence of something surprising, grain and soy markets are expected to be...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Last Friday President Trump started an 11-day tour of Asia, the longest visit to the region since President George H.W. Bush was there in 1992. The five co...

Japan Almost in Spades Donald Trump abhors trade deficits, but he found his more accurate language during a state visit to Japan this week in citing a lega...

U.S. farmers planted the smallest number of winter wheat acres in 2016 since USDA started keeping records in 1919, and they will be even further reduced in...

The South American soybean market is picking up with several trades completed this week. Certain conditions are affecting margins for trading houses, thoug...

General Comment  Markets were all steady to slightly higher in overnight trade, and volume was considered average. This is report week again, and USDA...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Yesterday was a red-letter day for fiscal and monetary proposals with the Republican majority on the House Ways and Means Committee unveiling a new tax ref...

Corn producers across the country are scratching their heads and second-guessing why they didn’t sell or price more new crop corn when the December f...

Indian Market Should Open to U.S. Imports The U.S. Commerce Dept. and U.S. Trade Representative first raised market access issues with India at the 26 Octo...

General Comments Markets were mixed overnight with corn steady, wheat slightly higher and soybeans slightly lower. Volume was quiet ahead of the last day o...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Europe Farm Policy A study by Chatham House, a subsidiary of the Royal Institute of International Affairs in London, calls for a post-Brexit, market-orient...

  The next round of Brexit negotiations occurs 9-10 of November. As the saying goes, “the devil is in the details.” That is a point very m...

India May Raise Vegoil Import Tariffs and Subsidize Soymeal Exports The government of India (GOI) is under a great deal of pressure from farmers to do some...

We old-timers who have been involved in the grain business for many years (yes, there are a few of us left) have witnessed the benefits of trade first hand...

General Comments The CME Group announced that its average daily volume of all types of futures contracts reached 14.9 million contracts in October 2017, up...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

TPP Angle Briefers on President Trump’s upcoming Asia trip are not saying that he will press for bilateral free trade agreements with Japan, Vietnam...

Russian Grain Markets: 23-27 October 2017 Market Trends Grain prices showed little change as they mostly either remained stable or slightly decreased. GEOG...

Oilseeds Soymeal Inventory Drops to Six-Month Low Delayed shipments of imported soybeans combined with strong feed demand have pushed China’s estimat...

General Comments Overnight trading of grain and soy futures experienced better volume than has been seen recently, but this did not translate into signific...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

WPI's monthly publication featuring the following analysis in this issue:  Biofuel’s Long Road Ahead U.S. Farm Profitability Outlook Changing D...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Former Nebraska Director of Agriculture Greg Ibach has been confirmed as undersecretary of USDA’s Marketing and Regulatory Programs. He will join Dep...

Novel on Notification Hats off to the U.S. Trade Representative (USTR) for developing a novel approach to remedying what is otherwise a problem of unaccoun...

U.S. Soybeans’ Lower Protein Content Not Unusual A Reuters article yesterday correctly indicated the average protein content of the 2017 U.S. soybean...

The U.S. soybean harvest is in its final stretch. Meanwhile, the corn harvest is more than half done, although progress is behind the average rate for the...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Egypt’s supply minister said that the government’s grain storage capacity totals 4.1 MMT an...

General Comments Today’s Halloween market action cannot be described as being very scary, although Chicago and KC winter wheat contracts did fall to...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Late last week, the House of Representatives voted to accept the budget resolution passed by the U.S. Senate, which provides for tax reform and would allow...

Production Standards Astray EU Trade Commissioner Cecilia Malmström reportedly agreed at an animal welfare conference last week that imported meat pro...

It’s difficult to write about wheat when we are still reading the world is “awash” in it, and weekly U.S. export sales continue to be rat...

Milling Wheat The Black Sea market continued to stay about unchanged last week. Russian exports will reach close to 15 MMT for the first four months of the...

Soybeans Brazil The Brazilian market resumed activity last week as Chinese demand returned. There were some trades on the spot for November at $1.58-1.60X...

General Comments The Sunday night markets were mixed with soybeans strong early, corn steady and wheat slightly weaker. Trading volume last night was prett...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

There are too many people, groups and companies, etc. trying to create analytical grain and oilseed market news. The years of the U.S. biofuels revolution...

General Comments Markets were slightly easier in quiet trade again last night. Soybeans were trading 3-4 cents higher today, but corn and wheat mostly trad...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Newton’s Third Law of Physics states that for every action, there is a reaction. That law also seemingly applies to renewable energy politics. As pre...

No is Not a Policy The U.S. announced in Geneva that there will not be a ministerial declaration in Buenos Aires later this year. This would be the first t...

Disappointing U.S. Soymeal Export Sales Last Week Yesterday’s USDA weekly export sales report indicated good sales for U.S. soybeans and soyoil last...

MSPs for Key Crops Increased Before Sowing Season Begins The government of India (GOI) has raised the 2017/18 Minimum Support Prices (MSPs) for rabi crops...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Too Much Malarkey Negotiations continue on a WTO agreement for the December ministerial in Buenos Aires, and some of the positions being asserted are absur...

  Cattle and Beef Outlook According to USDA, the average dressed weights of slaughtered cattle for both steers and heifers increased in September vers...

If there is one thing that was proven during the 2008/09 financial meltdown, it is that such crises do not recognize national borders in this era of global...

General Comments For grain and soy futures markets, it was another day of more of the same low trading volume, narrow price ranges and not much interest in...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Secondary Benefits There are secondary benefits to legislation recently introduced in the U.S. Congress and backed by major farm organizations. The bill wo...

Preliminary Duties Set on Argentine and Indonesian Biodiesel On Monday the Commerce Department announced preliminary antidumping duties on biodiesel import...

Russian Grain Markets: 16-20 October 2017 Market Trends Wheat prices fluctuated insignificantly.  GEOGRAPHICALLY 3rd grade soft milling wheat prices f...

Oilseeds Soymeal Inventory Drops Nearly 9 Percent on Strong Demand As demand for soymeal continued to surge following the holiday week, China’s estim...

General Comments In the current environment, there does not seem to be much reason to trade the grain markets. Speculative money put into markets for stock...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Many food and ag regulations/policies start off as state and/or local initiatives before spreading elsewhere. Animal welfare began with a referendum on swi...

Bye-Bye Science The European Parliament routinely votes against GMOs, and it did so again this week against three pending soybean events. Members complaine...

The U.S. soybean harvest has progressed rapidly and the corn harvest more slowly. Meanwhile, winter wheat planting is plugging away at near the average pac...

Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Switzerland-based, Russian-owned Grainbow AG has launched a lawsuit against Egypt’s GASC, which i...

General Comments The overnight trade in grain and soy futures showed signs of a “Turnaround Tuesday” as prices slipped slightly below Monday&rs...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Milling Wheat The Black Sea market was again about unchanged last week. Russian 12.5 pro wheat remains the cheapest origin for that quality for the main de...

Logistics are driving Argentina’s old crop corn market, and exporters are selling at negative margins. Meanwhile, new crop offers are increasing on a...

Oilseeds Dispute Redux EU officials agreed to technical changes to the Common Agricultural Policy that, at least on the surface, appear to create more prob...

USDA released its monthly Cattle on Feed (COF) report this past Friday, and many of the pre-report industry estimates were accurate (see Ag Perspectives, 1...

WPI previously commented on the Dicamba chemical controversy (see Ag Perspectives, 7 August 2017). Dicamba-resistant soybeans, intended to replace the Roun...

Markets started the week sharply steady in the Sunday evening session, and they then opened this morning basically steady with no evidence of any pent-up w...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

The notice of data availability (NODA) recently released by the EPA (see Ag Perspectives, 26 September) was triggered by several issues, primarily the Comm...

Back in 1998, WPI’s Carole Brookins first proposed what she called the “Golden Rule” before a WTO ministerial meeting in Geneva. She argu...

There was an article making the rounds this week from Bloomberg, “There’s So Much Pain in Agriculture That Traders Are Leaving” (click he...

Vegetable Oil Imports Up and Expected to Increase Further India’s oil year 2016/17 (November-October) ends soon with all vegetable oil imports in the...

General Comments Markets were higher overnight with soybeans up 3 cents, corn one half-cent higher and wheat up 2-3 cents. Volume was much better than othe...

WPI provides a summary of the week’s futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally,...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Trump Bends on Biofuel President Trump can be self-contradictory at times. However, when reminded of his pledge all across Iowa last year that he would &ld...

GIPSA Rule Repealed Nine years of USDA rulemaking just went down the drain this week. On Tuesday, the Trump administration repealed the Grain Inspection, P...

Good U.S. Soy Export Sales Last Week Today’s USDA export sales report noted good success last week in the selling of U.S. soybeans, soymeal and soyoi...

One of the constants in terms of market inputs is the weekly export sales report compiled and released by USDA’s Foreign Agricultural Service (FAS)...

General Comments Today’s grain and soy futures markets can be described as very similar to what has been seen all week with narrow price ranges, mini...

Today’s closing futures prices for corn, wheat, soybeans, cattle, and hog futures are shown along with USDA’s Export Sales results. Export Sale...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

Missing Trade Policy Component WTO Director General Roberto Azevēdo is suggesting a plurilateral approach for at least some of the issues failing to reach...

Russian Grain Markets: 9-13 October 2017 Market Trends Wheat prices increased slightly as prices for other crops fluctuated insignificantly.   GEOGRAP...

Oilseeds Soymeal Inventories Fall Again Over Holiday Week There was a sharp slowdown in crushing activity during the lengthy holiday week that combined the...

General Comments: If there is one word that describes the grain and soy futures market this week, our pick would be lethargic. Volume is very low with pric...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

A dead economist’s ideas are alive and well in ag policy debate.   Many policy ideas, especially related to taxation, are attributed to “d...

Larger China Soybean Crop Results in Lower Prices Last year China decided to boost its support to farmers growing soybeans while simultaneously reducing th...

We have just returned from our annual autumn fishing trip. This year’s destination was the eastern part of Idaho, a state filled with beautiful scene...

MIDDLE EAST/MEDITERRANEAN COMMENTS: Morocco’s import duty on soft wheat will be reduced from the current 135 percent to 30 percent on 1 December 2017...

General Comments: Lower and slower describes today’s grain and soy markets for the most part. Overnight trading saw barely more than 13,000 contracts...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

WPI provides a list of coming USDA reports that will have market-moving interest to our readers. Reports included in this list span those covering feed gra...

There’s been much attention this year on the slow pace of Secretary Sonny Perdue’s confirmation and the filling of subcabinet positions at USDA...

Judged Broken EU Trade Commissioner Cecilia Malmström expressed understandable frustration with the continued blocking by Washington of new dispute se...

It is becoming clearer every year that U.S. farmers might be headed towards planting just two major crops: corn and soybeans. Consider the following: Wint...

Milling Wheat The Black Sea market remained about unchanged last week. Domestic prices in Russia continue to rise in the south (close to the ports) while d...

Soybeans Brazil Supply/Demand Update Brazil’s Conab just released its first estimates for the 2017/18 campaign, which reflect the general trend of su...

General Comments: Corn, soybean and wheat markets were steady to just fractionally higher overnight in light volume. They then opened slightly higher today...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

 ...

Mon 10/16/2017 12:00 pm Cotton & Wool Outlook: October 2017 ERS 12:00 pm Oil Crops Outlook: October 2017 ERS 3:00 pm Feed Outlook: October 2017 ERS 3:0...

The CME isn’t interested in proposing any more solutions that would be in search of a problem; that was the message from the organization’s man...

Rene Ebersole writes in The Nation about Monsanto and how the glyphosate controversy could be the company’s “Big Tobacco” moment. However...

The free-market think tank American Enterprise Institute has issued a paper calling for an end to U.S. farm bill crop subsidies and a shifting of those fun...

The 12 October USDA reports might have created a state of equilibrium in wheat, corn and soybean markets for the following reasons: Any significant change...

Higher Cotton Production Could Bring Prices Down The land planted to cotton in India has increased 18.62 percent to 12.1 million hectares in 2017/18 versus...

General Comments  Markets were quietly steady to higher overnight following yesterday’s strong closes in soybeans that pulled corn higher as wel...

The October WASDE sparked a strong rally in soybean futures which pulled corn along higher. Wheat futures initially traded higher but ended the day lower...

Fri 10/13/2017 8:30 am Weekly Export Sales FAS 9:00 am Feed Grains Database ERS 12:00 pm Meat Price Spreads ERS 3:00 pm Dairy Data (Dairy Monthly Tables) E...

Copa-Cogeca’s Wine Working Party has warned that climate change and extreme weather have caused a “historically low” wine harvest. French...

Activists in Europe delivered more than the 1 million signatures required under the European Citizens’ Initiative to compel action on their demand to...

The WASDE was bearish for the meat and livestock market, but it could have been much worse without one factor. WASDE USDA released its WASDE report today...

Dow to Team with ADM to Sell Soybean Seed Not Approved in Europe and China  Dow AgroSciences will partner with ADM to sell its Enlist E3 soybeans in t...

Today’s crop production and supply/demand estimates were considered slightly bullish for soybeans but neutral corn and wheat. Soybean futures traded...

The October WASDE was surprisingly bullish soybeans, which jumped 26.75 cents higher, and neutral/bearish corn. Wheat of course received another bearish re...

Silver Bullet Misses In mythology, bullets cast from silver can stop werewolves and witches. In actual ballistic studies comparing bullets made of silver v...

Poor weather is creating corn harvest delays in Ukraine and is pushing prices higher. Russian wheat prices were stable this week while corn prices continue...

Poor weather is creating corn harvest delays in Ukraine and is pushing prices higher. Russian wheat prices were stable this week while corn prices continue...

General Comments: The overnight session featured prices drifting lower on lack of any buying interest. December corn finished down 1 ½ cents while N...

China’s corn prices remain on the defensive and it is likely any governmental support policies will shift towards processor incentives in the long ru...

General Comments:  As wildfires engulfed parts southern California today, it seems fitting to use a firefighting adage to describe the grain markets...

Activity in the Chicago SRW wheat market spilled over into those for HRW and HRS wheat futures. Changes in the soybean, soyoil, and soymeal futures point t...

Low asking prices for PNW soybeans are crowding out U.S. Gulf, Brazilian, and Argentinian exporters, with the latter needing to lower prices 20 cents to be...

The U.S. soybean sector has placed a high priority on promoting the use of soymeal and soy protein in aquaculture feeds in the U.S. and around the world. M...

General Comments: There are two major factors that will affect grain and oilseed prices this week: WASDE: It is USDA report week (again). Revised corn and...

Today’s closing prices for the first six listed futures contracts for major grain, oilseed, and livestock contracts are shown along with their price...

Ag, energy, and soft commodity futures' technical patterns, including momentum and long-term indicators, are examined. Changes in the forward curve for gra...

WPI provides a summary of the week's futures price activity and the gains/losses experiences by grain, oilseed, and livestock markets. Additionally, today'...

HRS wheat led the wheat complex higher today and reports of poorer-than-expected soybean yields ushered in some buying in that contract. No spillover buyin...

Corporate profits are (incorrectly) attributed solely to greed – but not if it’s a technology company. Elsewhere, few people believe the U.S. and North Kor...

There’s a lot of uncertainty surrounding biofuel regulatory policy currently, much of which has whipsawed RINs prices.There’s a lot of uncertainty surround...

The world is changing fast and World Perspectives is changing with it. Later this month, we will launch a completely updated website that will... The worl...

The Indian government is likely to implement an import tax of 20 percent on wheat, making it more cost effective to transport wheat across India than impor...

Traders should be sleeping well with the general lack of things to keep you up at night. However, danger is lurking below the surface of several markets.Th...