Today's grain, oilseed, cattle and hog prices...

House Agriculture Committee Chairman Michael Conaway’s (R-Texas) top-to-bottom review of the Supplemental Nutrition Assistance Program (SNAP), promised two...

Yesterday’s weakness carried over into the overnight session, and grain and soy markets found no comfort during the day session either. Technical traders c...

A major outbreak of avian influenza (AI) in Korea is restricting its domestic production to meet growing demand for broiler meat. Similar occurrences among...

Some American cities and counties have attempted to ban the cultivation of GM crops within their jurisdiction, but China’s giant corn-growing province, Hei...

The soy complex was soft in the Sunday session and stayed that way throughout today’s trading. Needed rainfall was received in parts of Argentina, which ha...

It’s not often that we are talking about weather markets in the days before the Christmas holiday, but there was one of sorts today in soybeans and wheat.I...

While the soybean market in Argentina remains quiet with no trades last week, there was demand for June at +$0.18N but no sellers. Today demand is at +$0.0...

Today's grain, oilseed, cattle and hog prices...

While it was formed to block Republican leadership from compromising with President Obama on most issues, the conservative House Freedom Caucus is now swit...

President-elect Donald Trump’s phone call with Taiwanese President Tsai Ing-wen has upset not just Beijing but China experts in Washington as well as some...

Thoughts are quickly starting to shift toward the potential for 2017 acres and how that might translate into U.S. production and ending supplies in MY 2017...

Markets were mixed in relatively quiet trade overnight, and it was a low volume day with little in the way of fresh news to end the week. KC and Chicago wh...

Today's grain, oilseed, cattle and hog prices...

Sugar prices in Maharashtra may be dropping as new stocks become available at the market, but they could rise over the next few months because of one antic...

The U.S. organic livestock products industry wants more organic certified feed, and U.S. grain growers would like to grow and sell organic grain for its pr...

Today's grain, oilseed, cattle and hog prices...

Overnight trade in grain and soy futures was seemingly frozen in place by the soaring U.S. dollar. However, trading was a bit more active during the day se...

Stats Canada reports that a record 1.77 MMT (65 million bushels) of soybeans were produced in Manitoba Province this year as farmers there continue to boos...

USDA’s GIPSA rules have been released, as promised, before President Obama leaves office. The rules have 60-day comment periods, which will expire in Febru...

With the U.S. Federal Reserve Bank signaling a hawkish approach to monetary policy over the next two-three years, the U.S. dollar is on a tear. However, it...

Sunflower seed bids started growing in Ukraine. They increased to $383-405/MT EXW and $407-422/MT CPT as FOB offers rose to $395-415/MT. Because of the rep...

While last week’s imported soybean price of $432/MT was a $1/MT improvement from the previous week,  the average crush margin on those imports f...

The grain and soy markets had little at stake in the Fed’s rate hike other than the potential impact it might have on the U.S. dollar. However, soyoil gain...

In what ought to be informative for agricultural trade policy specialists, President-elect Donald Trump is revealing his approach to negotiations. It is hi...

Today's grain, oilseed, cattle and hog prices...

Stine Seed, an Iowa-based company, plans to offer about 200 farmers the opportunity next year to save back biotech soybean seed for replanting. The program...

From a strictly fundamental perspective, the U.S. and world supply/demand balance appears to be quite bearish. To be sure, there is record or near-record d...

The action in overnight trade, such as it was, occurred in the soy complex in response to Asian markets. As seems to be something of a pattern these days,...

Turkey has announced a new $4 billion agricultural subsidy program that will cover 19 strategic crops. However, production of one in particular is neverthe...

Today's grain, oilseed, cattle and hog prices...

U.S. agriculture is hoping for less environmental regulation under Donald Trump’s presidency, but Barack Obama has not been totally unkind. Livestock Safe...

North Dakota Democratic Senator Heidi Heitkamp is reportedly being considered for USDA secretary. What are some of the possible calculations behind this, a...

Oil markets today reacted to the latest production cutback agreement among OPEC and other oil-producing nations. The question remains whether OPEC’s plan w...

Recent action by the European Food Safety Authority (EFSA) s a stunning rebuke to the critics of GM technology that despite their rants and tactics, scient...

Today’s weekly export inspections report again showed very strong soybean exports for last week, but corn and wheat exports were also quite good. It’s diff...

It is too early to determine whether Argentina will have sufficient 12 percent protein wheat to fulfill the contracts already made. The lack of demand for...

Today's grain, oilseed, cattle and hog prices...

Sunday markets started firm with early soybean futures trading as much as 10-11 cents higher, but that buying dissipated with all markets slightly lower to...

The milling wheat market in the Black Sea is firmer due to the stronger ruble and increasing demand from one particular country. Meanwhile, Algeria is in t...

As GOI has now decided to completely remove the import duty on wheat, prices have dropped slightly after moving up prior to the announcement.. With Ukraini...

Trading volume was lethargic early today, but it improved significantly in the last hour of the session when prices started to rally. Accelerated buying in...

This is the day the federal government runs out of money. Yesterday the House passed a stopgap spending bill, which includes expanded funding for farm loan...

Today's grain, oilseed, cattle and hog prices...

While today's USDA December WASDE did not contain any significant changes to the bottom line of U.S. ending supplies, there were some adjustments to the wo...

After bouncing along flat to declining since Labor Day, the Dow has since taken off post-election and added nearly 8 percentage points. While Richard Madig...

USDA recently released its annual long-term projections for major crops, and those for soybeans can be justifiably challenged for several reasons. USDA’s L...

While red meat production levels are staying at near-record to record levels going into the last month of the year, there has also been a notable change in...

Soybean and product prices pulled back in overnight trade. There were negative influences from declines for Dalian futures prices and Malaysian palm oil. M...

Periodically, USDA’s Economic Research Service (ERS) compiles a report that profiles the U.S. farming sector. The most recent one, released earlier this we...

Today's grain, oilseed, cattle and hog prices...

Japan has now joined the U.S. and likely the EU in refusing to accept Beijing’s interpretation of WTO requirements that China now be treated as a “market e...

Ukraine's grain production is projected to show an increase in 2016, but the problems that  traders have had transporting stocks to the seaports conti...

Today's grain, oilseed, cattle and hog prices...

Brussels is close to a free trade agreement with Tokyo, but the question is whether it will provide much of a boost to either economy. This is partly answe...

The average domestic corn price in China retreated even further in the first week of December, dropping RMB 11/MT ($1.60/MT) to RMB 1,689/MT ($245.50/...

Soybean and grain prices were little changed in overnight trading even though Dalian meal and soyoil futures continued their upward trek. Trading was also...

The  government  of Ukraine plans to boost its efforts to prevent local farmers from planting GM soybeans. While no such soybean varieties have b...

With low prices now burdening growers, researchers are calculating what tweaks can be made to extract something additional from the market. However, there...

Today's grain, oilseed, cattle and hog prices...

Chinese corn reserves were built up over many years as a result of government efforts to support domestic corn prices. It is now attempting various approac...

In overnight trading, soybeans continued to build on Monday’s gains with fuel provided by higher prices for Dalian’s soymeal and oil as well as another sto...

President-elect Trump has not yet picked a nominee to lead USDA, which is likely to be producer-friendly. However, the list of potential names remains leng...

In light of recent action taken by Egypt's government regarding a certain tax together with the need to purchase feed ingredients, medicines, etc. from out...

Today's grain, oilseed, cattle and hog prices...

Expanding concerns about hot, dry weather across parts of Argentina gave the soy complex new life Sunday evening after last week’s losses, and then a devel...

The soybean analysis of last Friday (see Ag Perspectives, 2 December) discussed the role of emotion as a driver of the soy complex, but another factor is r...

Ukrainian corn is offered at $165/MT FOB for December-February, which is roughly in line with U.S. stocks on a CNF basis to the main destinations in the Me...

With a renegotiation of NAFTA high on the incoming Trump administration’s agenda, a new Commerce Department investigation may tee up sugar as one of the fi...

Brazilian farmers’ soybean sales have been significantly delayed this year due to a stronger real and weak CBOT. In the past few weeks, though, CBOT has be...

The media initially accused Donald Trump of amateurism for talking to the Taiwanese president in violation of a 40-year-old protocol. It turns out, though,...

Markets were mixed to slightly lower early in last night’s session, but they were trading steady to higher at the opening this morning. Corn traded higher...

While India’s gross domestic product (GDP) was at a high of 7.3 percent in the second quarter, it is likely to be negatively impacted in the third and four...

If there has ever been a market that has begged  to be sold over the past year or two, it is soybeans. In fact, most participants did exactly that, an...

A common flaw is for new farm policy to be drafted based on immediate past market experience, and that is particularly true for dairy. A key agriculture ad...

Today's grain, oilseed, cattle and hog prices...

Perhaps today’s market dynamics can best be described by the fact that Chicago and KC wheat futures prices posted yet more contract lows while soyoil contr...

Today's grain, oilseed, cattle and hog prices...

Although President-elect Trump often railed against the Dodd-Frank legislation as a candidate and promised to do away with it, a full repeal is not likely...

Pedro Marcilio of the Brazilian firm Participacoes SA admits that U.S. government funds have been used as production loans for Brazilian cotton farmers. No...

According to NASS, the October Prices Received Index for agricultural production decreased 6.6 percent from September. Meanwhile, one senator wants USDA Se...

A Farm Foundation debate today on prospects for the next farm bill, post the election of Donald Trump, brought much enlightenment and a variety of opinions...

Given certain developments regarding soymeal and soyoil in November, some stockpiling in the near term makes sense. Nonetheless, the massive turnover and s...

Today's grain, oilseed, cattle and hog prices...

Grain and soy complex markets traded mostly higher during the overnight session, helped along by the macro impact of the OPEC agreement to cut production a...

Although Russian grain exports have been lagging behind last year's level, the November volume is expected to show notable growth versus the same month las...

Mexico’s Finance Minister José Antonio Meade correctly warns that an overplayed effort to rewrite NAFTA would hurt the U.S. economy and not just his countr...

The Egyptian government forecasts local aquaculture production, which currently meets 80 percent of the country’s consumption demand, will increase 35 perc...

Each year since 2000, USDA has produced baseline reports that project U.S. crop acreage and supply/demand balances for wheat, corn and soybeans for the 10...

The inability of farmers to use neonicotinoid insecticides along with poor weather in some areas resulted in EU rapeseed production falling 10.6 percent fr...

After trading higher for the last seven trading days, during which the January soybean contract jumped 70 cents higher, the market finally turned in overni...

Warmer winter weather last year and to date this year is driving higher-than-normal natural gas storage inventories despite demand from the power sector, a...

Today's grain, oilseed, cattle and hog prices...

It’s beginning to look like national elections around the world will be as important to the direction of the markets as weather forecasts. With several loo...

January soybean futures soared to gains of 18-19 cents last night before collapsing and trading lower at 9:30 A.M. this morning. However, that weakness was...

Surprise election outcomes in the U.S. and Europe as well as political chaos in South America have set the stage for potentially volatile foreign exchange...

Wheat quality has been an issue in Argentina for many years, spanning the entire supply chain. One problem is that many farmers don't know the quality of t...

The Black Sea milling wheat market was again firm last week on slow farmer selling and exporters’ short covering. The pace of exports from Russia remains t...

Today's grain, oilseed, cattle and hog prices...

Donald Trump complained about inequitable international tax systems during the campaign, and now congressional Republicans are entertaining a solution. How...

Soybean futures continued to set new highs for this postharvest on more evidence of no slowdown in export demand. However, it was a different story for cor...

The WTO has several problems, but an important one is its understaffed, overworked Appellate Board (AB). While two new judges have recently been appointed,...

Today's grain, oilseed, cattle and hog prices...

While the expanding dryness that is starting to affect the 2017 U.S. hard red winter wheat production region has been covered in analysis here this week, t...

Wholesale wheat prices in New Delhi, the country’s key market, surged to Rs.23,916/MT ($346/MT) on 18 November from Rs.18,858/MT ($281/MT) on 18 October. T...

After an extremely slow start to 2016 and a modest recovery in the spring, U.S. food and agricultural exports to China have recovered nicely as a result of...

Senate Agriculture Committee Chairman Pat Roberts (R-Kansas) told Agri-Pulse to “Show me a nation that cannot feed itself, and I'll show you a nation in ch...

Today's grain, oilseed, cattle and hog prices...

The U.S. Environmental Protection Agency (EPA) today finalized the 2017 Required Volume Obligations (RVOs) under the Renewable Fuel Standard (RFS) for over...

While oilseed prices in Russia showed growth on average in the past week, those in Ukraine exhibited a different pattern in both the domestic and export ma...

The Pre-Thanksgiving futures market rally did take place, but it ws not in the way traders had imagined. The EPA surprised by announcing its final Renewabl...

Donald Trump says he will withdraw the U.S. from the Trans-Pacific Partnership (TPP) on day one of his presidency and instead "negotiate fair, bilateral tr...

A draft proposal submitted to the EU Commission recommends a 50 percent reduction in the use of biofuels in the transportation sector after 2020. This is b...

The supply of money held by the public has grown almost 47 percent since 2010 when compared with the size of the economy, and some estimates indicate that...

Today's grain, oilseed, cattle and hog prices...

Researchers in Kenya have said that planting GM maize could save up to $90 million annually in crop losses as well as lead to an additional production of 4...

Yesterday’s soy complex market performance had many market watchers wondering what was going on. The clarity of hindsight suggests that the rally resulted...

It was once again a mostly green day of trading for grain and soy futures with soybeans and soymeal leading the way. The principal exceptions were soyoil a...

The U.S. Energy Information Administration (EIA) has issued its Winter Fuel Outlook. It includes data regarding propane, the cost of which is a a major inp...

Argentine soybeans started this week showing weaker basis. May shipment is offered at 20 SN with demand bidding at 15 SN, and June cargo is offered at +25...

Demand for Ukrainian wheat is still present in India. One vessel loaded in Bulgaria last week is also apparently destined there, and Russia has asked India...

Unusual strength in Sunday night trading gave way to a sharply higher trading session for the soy complex. U.S. exports are well above USDA projections, le...

Today's grain, oilseed, cattle and hog prices...

Crop conditions across the U.S. have been so good that there simply hasn’t been any worry about moisture levels. Meanwhile, 2016 brought record U.S. winter...

If many Americans barely understand why and what happened in the recent election, foreigners can be forgiven a similar challenge. International relations h...

Today's grain, oilseed, cattle and hog prices...

After seeming intent on bundling together certain regular appropriation bills as a series of “minibus” bills prior to the election, the Republican congress...

The Organic and Non-GMO Forum this week highlighted the conundrum hitting U.S. farmers as consumers change their preferences. However, a new farm bill init...

Analysts are already starting to consider the mix of U.S. planted acres for 2017. Those acreage projections will be used as the base for making next year''...

Markets were generally mixed overnight, but they turned positive today and finished the week with moderate gains in soybeans, corn and wheat. This was an i...

India's recent move against  the country's old currency notes is having a profound effect on farmers who bring their produce to market as well as truc...

Trading volume remained slow early in the day session with grain and soy prices muddling around on either side of Wednesday’s closes. The biggest feature d...

U.S. corn exports deviation from historic patterns has implications for what exports will be in the rest of the marketing year. Analysis of unshipped corn...

Brazil’s biodiesel production is forecast  to change notably in 2017, based partially on a revision to the required blending level for biodiesel with...

Today's grain, oilseed, cattle and hog prices...

Ahead of next week’s meeting of the U.S.-China Joint Commission on Commerce and Trade, 37 members of the U.S. Senate asked Obama administration negotiators...

With beef prices moderating from record highs in recent years, retailers are enjoying profitable margins and have returned to promoting beef with features,...

Conventionally-bred biofortified crops are improving the health of millions globally but will eventually be forced to rely on GM technology. Will activists...

A sudden increase in freight rates from the U.S. Gulf has made Chinese buyers nervous. U.S. FOB prices remain on par with Brazil’s, but certain issues rega...

WPI Bull/Bear Leanings for Agribusiness A summary and graphical depictions of WPI’s expectations for future agribusiness performance. The Grain Indus...

Grain and soy futures modestly extended Tuesday’s upturn in prices in slow overnight trading with several factors providing a considerable headwind that li...

Today's grain, oilseed, cattle and hog prices...

The election of Donald Trump is prompting a complete rethink of U.S. trade policy - some of it reasonable, and some of it not so much. New Trade Paradigm T...

Ukraine's milling wheat prices continued to rise (in UAH expression) due to high demand from domestic and foreign buyers. Meanwhile, Russia's grain export...

Grain and soy futures prices were choppy and mixed overnight with corn and soybeans lower and wheat slightly higher in quiet trade. However, the day sessio...

Today's grain, oilseed, cattle and hog prices...

Representative Kevin Cramer (R-North Dakota) is becoming an outspoken leader in proposing new agricultural policy ideas, but his biggest reforms come in th...

Typically, political party insiders negotiate a “platform” of policy platitudes intended to inform voters and guide the presidential nominees on the prefer...

While the currency situation in Egypt seems to be a bit calmer this week, the general consensus among private sector importers is that grain imports will h...

The November WASDE's surprising increase in the estimated U.S. national average corn yield warrants a fresh look at the nation's supply/demand dynamics.As...

 China’s Global Times, the state-run newspaper, published an editorial warning of bad consequences for the U.S. if the Trump administration imposes re...

Southeast Asia is the location of nearly all of the growth and market action and will continue to be so for a long time, which is certainly no surprise to...

After a strong summer, U.S. pork exports to China came in at 23,905 MT for September with a total value of $50.15 million. These figures were significantly...

Germany’s Prime Minister Angela Merkel, who set off a political eruption in Europe with her near unilateral decision on Syrian refugees, welcomed incoming...

Several notable factors were not sufficient on their own to bring enough buyers to the soybean market to offset the fund selling. Much of this weakness is...

The exportable surpluses of milling wheat in Ukraine and Russia are estimated at 16 MMT and 30 MMT, respectively. However, weather conditions during the ne...

With the election over and all eyes in the ag sector on the 2018 Farm Bill, it is worth looking ahead to the 2018 mid-term elections and what role they wil...

Today's grain, oilseed, cattle and hog prices...

The outlook for agriculture under a Trump Administration includes a move away from “foodie” issues pushed by the Obamas and farmers in prominent D.C. posit...

The Government of India’s surprise demonetization of the Rupee has financial impacts rippling through the Indian economy, though commodity prices remain re...

In the aftermath of Donald Trump’s victory the whole cadre of Washington analysts, journalists and special interests are playing the speculation game...

The surprising events of this week created substantial market volatility that will not soon be erased. Normally, the winter months are quiet for commodity...

A volatile week finished with a retreat in the soy complex, driven by rumors of China forcing a fund out of a long position on the Dalian exchange and farm...

Today's grain, oilseed, cattle and hog prices.Note: Due to the Veterans Day holiday, the CFTC Committment of Traders data will be published Monday, 14 Nove...

The election is over but the guesswork on what President-elect Trump will do upon entering the White House is just beginning. Possible issues at the forefr...

Following Trump’s election victory, cattlemen are pledging to work with the new administration on issues from trade to sage grouse, though advancing TPP wi...

EU leaders are warning that Brexit and Trump’s victory are “warning signs” to liberal democracies though efforts to suppress such events...

The soy complex took off in the overnight session, fueled by a rally in Palm Oil futures and Asian veg oil supply tightness. Corn and wheat followed soybea...

The big crop was made bigger by USDA’s latest report. The U.S. soybean yield is now the highest on record in the world. Argentina’s soybean crop forecast w...

Today's grain, oilseed, cattle and hog prices...

The record U.S. crop is stifling demand for Brazilian beans and negligible quality differences between Argentinian soybeans and those from the U.S. PNW are...

The most shocking vote in recent history is over and efforts will begin to stitch together the Trump Administration. Other election news includes Washingto...

The U.S. Presidential election and the November WASDE proved to be a vicious combination that sent markets – from corn to oil to equities – into a tailspin...

Today's grain, oilseed, cattle and hog prices...

Russia’s grain harvest will be the largest in 38 years which sent Russian grain prices were lower this week, adding competitive fuel to world markets. Ukra...

The new floating Egyptian pound is likely to slow markets in the near term as traders and end-users adjust... Regional Updates MIDDLE EAST/MEDITERRANEAN CO...

Food may be replacing fossil fuels as the flavor of the day for taxes while the WTO’s new system for reporting regulatory barriers to trade may need to be...

Falling crop prices and net cash farm income are juxtaposed against falling government farm program payments which will create lively debate when the new C...

Today's grain, oilseed, cattle and hog prices...

A ban on GM ingredients in animal feeds passed Poland’s lower house of parliament and, if passed in the Senate, could disrupt the nation’s animal industrie...

Following yesterday’s “relief rally” in equities, grain and oilseed markets exploded higher today. Malaysian palm oil and Chicago soyoil led grains higher...

Americans are growing weary of political discussions and are looking forward to non-election topics. Fortunately, U.S. grain exports, La Nina weather, and...

The November WASDE report may be overshadowed by the election results but important international production revisions are possible. Dry weather in South A...

Weekend election news sent outside markets sharply higher while fund buying boosted the soy complex. Corn and wheat markets were softer despite large volum...

China’s bifurcated corn market continues with northeastern prices falling and southern prices rising on supply tightness. Chinese soybean crushing margins...

Today's grain, oilseed, cattle and hog prices...

Black Sea wheat prices are firming and offers in Ukraine are difficult to find while Russian prices have increased $10 in one month. Black Sea corn markets...

Tomorrow’s elections, for both the U.S. President and various Congressional seats, has strong implications on what will be accomplished during the coming l...

Taxes on sugary soft drinks are on several municipal ballots tomorrow, but will they achieve their desired results? Meanwhile, TPP is practically dead and...

Record hard red winter wheat yields are not enough to keep 2016 winter wheat plantings from declining, and there are several reasons for the drop in acreag...

Today's grain, oilseed, cattle and hog prices...

Every market has been very tentative this week, and today was no exception. Trading volume was average ahead of the weekend and the U.S. presidential elect...

The market yard price of corn in Nizamabad has dropped 11.06 percent from the start of the season to $201/MT, and the NCDEX spot price there also decreased...

The 2014 Farm Bill doesn’t expire until 2018, but deliberations on the next one will start in earnest when the new Congress convenes in January 2017. In pr...

Grain and soy markets appear to be adopting a cautious approach to next Tuesday’s election and next Wednesday’s November WASDE. Fund managers are taking so...

Today's grain, oilseed, cattle and hog prices...

Distrust of trade agreements is a symptom of a growing, classic populist belief that the trade deck is stacked in favor of big multinational corporations a...

With hog slaughter up this year, there is an excess of pork on the market that will affect prices, especially going into the Thanksgiving holiday when reta...

The government of Malaysia today announced it would boost the mandatory biodiesel blend requirement on 1 December. While it will rise from 7 to 10 percent...

Global economic growth and trade have been slower in recent years, and Steven J. Davis of the University of Chicago can tell you why.   Policy Uncert...

As net agricultural exporting countries have worked to improve their access to foreign markets, the less competitive nations have increased their efforts t...

Argentina remains active in the new crop soybean market. Its last trade was performed yesterday at $0.96 SN CNF for June shipment, and offers keep going lo...

Perhaps the most interesting feature from the overnight trading sessions so far this week is that while trading volume for grains and the soy complex has b...

Today's grain, oilseed, cattle and hog prices...

Russian grain markets again followed the trends of previous weeks as milling grain prices continued to grow. Meanwhile, Russia exported 354,700 MT of grain...

With Chinese investors increasingly soured on stocks, they have shifted to other sectors such as calligraphy, antiques, art and commodities. One target of...

The latent bullish trends that the soybean and corn markets were working to establish got blown apart today, and the technical momentum is now pointed down...

Conventional agriculture is accustomed to seeing the distortions professed about biotechnology by anti-GMO activists, but reading such in the New York Time...

Today's grain, oilseed, cattle and hog prices...

Protein is trending again among diet fads and nutritional advice, but per capita consumption has been moving downward, largely due to retail prices. Howeve...

With the fall harvest so far along the downhill slope, it is a good time to step back and take a look at things that might become potential market movers i...

Egypt has set up a new wheat import inspection system that seems to be giving some confidence to traders and tender participants. It will be under the auth...

The last quarter's GDP growth was the highest since the third quarter of 2015 and more than twice the average rate for this year’s first two quarters. One...

Ironically, the most protected industry in U.S. agriculture is complaining that its farmers are disadvantaged, and it makes an emotional appeal with an eco...

By successfully pushing through the Comprehensive Economic and Trade Agreement (CETA) with Canada, EU officials showed more moxie than their American count...

With the landed price of imported soybeans rising to RMB 2,935.74/MT ($433/MT) last week, oil and meal prices were increased. Despite that, the average cru...

Today's grain, oilseed, cattle and hog prices...

Last week's U.S. export inspections were again very big last week, and that highlights the ability to move grain and oilseeds from the interior to export f...

The grain and oilseed markets were quietly mixed in overnight trading. Wheat was actually the upside leader last night and today. Corn and soybeans were sl...

Estimates of what U.S. farmers might plant in 2017 are already emerging, although it is very early to play this game as the 2016 corn and soybean harvests...

Markets were slightly lower overnight with no fresh news to push prices higher heading into one of the last harvest weekends of this year. Wheat still has...

Today's grain, oilseed, cattle and hog prices...

India's peanut-in-shell MSP for the 2016/17 season was fixed at $629/MT in June 2016. However, GOI’s first advanced estimates of September 2016 have projec...

Yesterday USDA released its Food Price Outlook Report for September, which is based on the Consumer Price Index (CPI) from the Bureau of Labor Statistics,...

Overnight trading built on the momentum provided by yesterday’s firmer closes. The day session saw prices mostly stay in the green, although some choppines...

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

Canada is a small country next to the EU, but at this time it shares its head of state with the Brexit redcoats. Perhaps this is behind the fact that nothi...

Today's grain, oilseed, cattle and hog prices...

The National Assembly of France today rejected a Green Party-proposed amendment to the 2017 budget bill, which the group had sought as a way to address its...

If U.S. grain and soybean exports are of key importance to futures market action, it follows that world trade in these commodities is as well.We have often...

Ukraine's mllling wheat prices increased, mainly due to international factors such as the higher purchase price on the GASC tender and lower-than-forecast...

Argentina again traded a full May shipment last week at +99 SN CNF China, a decrease from the last trade at +110 SN for an April shipment. Considering that...

Today's grain, oilseed, cattle and hog prices...

Futures prices found buyers early during the overnight trading session, and they began to edge higher with the soy complex in the lead. The green numbers c...

The New York State Congress of Parents and Teachers has apparently decided to jump the shark by literally opposing GMOs in school meals, citing overwhelmin...

Grain and soy futures prices were mixed, but little changed in rather quiet trade overnight. What excitement there was came from Malaysian palm oil, which...

The All India Poultry Exporters Association wants the government to either ban the importation of chicken meat produced with biotech feed ingredients or al...

Today's grain, oilseed, cattle and hog prices...

Voting in the U.S. Congress had been increasingly partisan with Republicans favorable and Democrats opposed to free trade deals. Now the 2016 presidential...

The U.S. election is two weeks from today, so this seems like as good a time as any for a preview. Voters will choose a president, all 435 House members an...

The Kenyan government has announced that it is raising the National Cereals and Produce Board (NCPB) purchase price for maize by about 22 percent. However,...

Having become confident that it has a good handle on total U.S. corn supplies for 2016/17, the market has already begun to switch its focus to the next two...

The market in Romania and Bulgaria is very quiet. While the domestic wheat price has increased about $10 over the last three weeks, farmers are still reluc...

Markets opened slightly lower Sunday evening, but it didn’t take long before soybean futures turned positive. November soybean futures traded as much as 16...

Today's grain, oilseed, cattle and hog prices...

China’s domestic corn prices showed some volatility last week between northern and southern provinces as deep corn processors in the latter lacked sufficie...

The relative power balance of minority opinion versus the majority is the tipping point between successful democracy and future Brexits. Extreme Minority R...

 Many farmers across the northern Plains, the new Corn Belt, are saying that they won’t see yields like this year's corn crop again in their lifetimes...

As the market recovered this year, there has been growth in certain short positions on the part of producers and merchants. This could well suggest that U...

Markets were steady in quiet overnight trade. Corn and soybean futures gained back some of yesterday’s losses to start today’s action. Corn was steady to h...

On Wednesday of this week, the U.S. EPA submitted its proposed RVOs rule for biofuel use under the RFS to the White House OMB. The question that remains is...

Washington’s famous think tanks have opined on the future of trade policy, and the analysis is far more thoughtful than the complete falsehoods asser...

Today's grain, oilseed, cattle and hog prices...

Keeping food prices down is key for Indian households. In order to do that and also maintain low inflation, the government has taken a step that would allo...

It is still tough to find anyone who is even leaning toward the bullish side of the ledger, but it is also becoming difficult to ignore the building demand...

Last month's feeder calf placements data points to a changing supply situation for the beef market next quarter. Similarly, feedlots' fed cattle marketings...

While USDA is forecasting a record U.S. soybean yield this year of 54 bushels/acre (3.63 MT/hectare), there is a great deal of evidence that it may be even...

Agriculture specifically is unlikely to be much affected by the U.S. election, but there are tangential issues with implications for the sector. Chutzpah T...

While USDA is forecasting a record U.S. soybean yield this year of 54 bushels/acre (3.63 MT/hectare), there is a great deal of evidence that it may be even...

Today's grain, oilseed, cattle and hog prices...

After one of the strongest El Ninos on record was officially declared over last June, the CPC issued a La Nina watch. That was then cancelled in early Sept...

The overnight session was a relatively quiet one with corn and soybean prices trading a little higher and following up on yesterday’s firm finish while whe...

While USDA is forecasting a record U.S. soybean yield this year of 54 bushels/acre (3.63 MT/hectare), there is a great deal of evidence that it may be even...

Today's grain, oilseed, cattle and hog prices...

Differences, nuances and agreement marked the outcome of a session today between former USDA Deputy Secretary Kathleen Merrigan representing the Clinton ca...

Feed wheat and feed barley FOB offer prices decreased in Ukraine but remained steady in other terms of trade. Meanwhile, milling wheat bid prices grew on t...

Grain and soy prices traded back and forth in overnight trading. Corn and wheat futures traded unchanged to a little lower, while soybeans were slightly hi...

Despite the continuous drop in basis in the U.S., Brazil and Argentina have decided to compete by lowering their levels against USG and PNW. The main compe...

USDA has sent the White House OMB a draft of new livestock marketing and contracting regulations under GIPSA. Some of the controversial provisions in the o...

Today's grain, oilseed, cattle and hog prices...

Tanzania reports that its first official GM maize field trials, which involve a white drought-resistant variety, began last week and are expected to take a...

Markets traded both sides during the overnight session as wheat, corn and soybean prices held near the high ends of their recent trading ranges. After grai...

One might ask why the big crop/big demand year of 2016/17 is much different from 2015/16 when there was an almost record U.S. soybean crop absorbed by then...

U.S. farmers are in the process of harvesting the largest soybean crop ever along with a record yield. In many states, they are seeing yields far above ave...

Soybeans rallied strongly today as global vegoil prices spiked early. NOPA’s report highlighting ending stocks and crushing rates added to the bullish fuel...

Black Sea wheat and corn prices are firmer this week, driven by the futures rallies in Paris, Chicago, and other global markets. Additionally, Ukrainian ra...

Today's grain, oilseed, cattle and hog prices...

From China’s non-WTO compliance to “gluten free” marketing and excess shuttle-train capacity, a recent wheat conference for North Asian wheat buyers reveal...

NOAA’s forecast that the coming winter will be colder than last year’s means energy costs will be on the rise. Livestock producers in the Midwest will cons...

Falling soymeal stocks and increasing soyoil prices, combined with inexpensive imported soybeans, have boosted Chinese crushing margins recently. U.S. soyb...

Development organizations are pushing for Africans to use indigenous chickens rather than improved, fast-growing flocks. Now, European animal rights campai...

U.S. wheat ending supplies and another record world wheat crop in 2016 are all being affected by one particular issue.The USDA quarterly stocks report rele...

Today's grain, oilseed, cattle and hog prices...

GOI has undertaken the task of integrating the Regulated Agriculture Market Yards, which provide pricing for farmers’ produce bought in the market yard. Th...

The Grain Industry Farmland values have been among the last to experience the impact of low commodity prices, but the downward pressure has now begun. Oils...

Over the past 15 years, U.S. dairy exports have expanded more than fivefold, reaching a record $7.1 billion in 2014, and the longer-term USDA 10-year forec...

Massachusetts may soon join California in dictating livestock production methods in a manner that greatly disrupts the farming industry. This is all certai...

Strong upward price action occurred in the grains and oilseed complex today as bullish export news outweighed the week's record-breaking supply news. Fund...

After yesterday’s highly anticipated October WASDE led to futures prices ultimately sliding lower, trading volume during the overnight trading session was...

While the October 2016 WASDE contained no fundamental surprises, it did not lack for items of interest.As noted yesterday, the October 2016 WASDE contained...

Brazilian Secretary of Agribusiness and International Relations Odilson Ribeiro Silva has approved the Chamber of Foreign Trade allowing the importation of...

China’s enormous influence on the pork market is now greater than ever as USDA is projecting that the country will account for more than 25 percent of glob...

Yesterday’s USDA report indicates that U.S soybean exporters and processors are going to have a large supply to work with in the year ahead, and one partic...

After yesterday’s highly anticipated October WASDE led to futures prices ultimately sliding lower, trading volume during the overnight trading session was...

After yesterday’s highly anticipated October WASDE led to futures prices ultimately sliding lower, trading volume during the overnight trading session was...

Today's grain, oilseed, cattle and hog prices...

The Canada-EU Trade agreement is on the docket for discussion this week in Brussels, and  the U.S. dairy industry is now reportedly preparing to chall...

USDA’s October production and supply/demand estimates were relatively close to expectations and certainly not bullish. In the immediate wake of today's rep...

Russia's domestic prices for 3rd and 4th grade soft mililng wheat increased for the most part during 3-9 October, and 5th grade feed wheat prices dropped a...

Today's grain, oilseed, cattle and hog prices...

The old crop corn market remains totally quiet with a few sellers ready to trade at $0.90 over December futures for October and November and with a few cen...

Today's grain, oilseed, cattle and hog prices...

Conventional wisdom holds that when both major presidential candidates oppose the Trans-Pacific Partnership (TPP), it makes congressional consideration and...

Markets did very little on this day before the release of the October WASDE. Prices traded on both sides of yesterday’s closes and mostly settled with only...

It is well known that people tend to eat higher quality diets containing more animal protein and vegoils when they migrate from farms to the cities. That h...

Markets are of course fixated on tomorrow’s WASDE from USDA and the updated yield and production estimates for the U.S. 2016 corn and soybean crops it will...

High maize prices in South Africa have in turn pushed up local poultry prices, leading to an expected notable increase in poultry imports this year and an...

Last month the U.S. Bureau of Labor Statistics released the August update of the Consumer Price Index (CPI), and it would appear that agriculture and energ...

Corn was mostly steady overnight, but it turned higher today and closed quite strong. The corn market still has a significant fund short position. Meanwhil...

The wheat market in Romania and Bulgaria remains very quiet as farmers are not selling at current market prices. They are still holding a large volume of s...

Despite flooding in several provinces over the summer, there was a drought in Heilongjiang, the bedrock of China’s domestic soybean industry, which has imp...

The trade talk has been about better soybean and smaller corn yields than expected since these harvests got underway. The latter yield, though, would have...

Today's grain, oilseed, cattle and hog prices...

Given the growing opinion in support of regulation, perhaps the most interesting poll result was when participants were asked to rank their level of trust...

Much the way Washington and Brussels help their respective main aircraft builders, Boeing and Airbus, the EU and the U.S. subsidize their respective agricu...

Today's grain, oilseed, cattle and hog prices...

Markets traded steady to fractionally higher overnight in very light volume. Today saw a consolidation type of trading ahead of the weekend and before next...

USDA announced this week that more than $7 billion will be paid out in farm support payments under the new ARC and PLC programs versus approximately $5 bil...

One U.S. agency's review of restrictions on a particular  herbicide and state action regarding chemical spraying ultimately signal that food security...

Record soybean yields and soybean markets that have held relatively strong have turned the Corn Belt (and northern Plains) farm economic outlook from grim...

India's domestic oil industry had asked GOI to raise both the duty on imported oil along with the differential between the crude and refined oils duties to...

Once again, overnight trade in grain and soy futures was characterized by low volume and limited price movement. The day session found more selling pressur...

Today's grain, oilseed, cattle and hog prices...

By awakening consumers to the mundanity of the food business, one food critic and his ilk have spawned new Big Ag profits with meaningless but profitable p...

The two commodity sectors impacted by highly pathogenic avian influenza (HPAI) have made a comeback. Meanwhile, USDA’s FSIS has released a guidance documen...

Reports of very high soybean yields across the Midwest continue. However, it also is clear that many farmers saw substantial losses this year because of a...

Much has happened in the 20 years that have passed since the first genetically modified (GM) soybean crop was harvested in commercial quantities by U.S. fa...

In the post-Cold War through pre-Great Recession timeframe, the Western “neoliberal consensus” for economic policy took over the world like a tsunami. Now...

Today's grain, oilseed, cattle and hog prices...

There were almost no soybean trades in Argentina this past week. Demand has been showing up mostly for November and December in search of cheap offers. How...

Ukraine's milling wheat market was rather stable last week. Domestic traders’ bids grew because of rather active demand, mainly in the bottom segment, to $...

Grain and soy markets were mixed overnight in slow trade. Prices traded both sides of yesterday’s closes but never moved very far from them. However, the d...

For the past several years, the U.S. wheat supply/demand outlook and U.S. wheat prices did not mean a great deal to the world market. Cheaper wheat was ava...

While the recent ergot issue in Egypt appears to be resolved, the government's announcement this past week regarding changes to the origin and destination...

A white paper with a detailed breakdown of Donald Trump’s economic plan was released last Thursday by two of his campaign’s senior economic policy advisors...

Corn futures prices were buoyed by the market’s ability to once again trade and close above the $3.43 technical support level for December corn. Meanwhile,...

The government of Argentina yesterday announced the soybean export tax will not be reduced by 5 percent as promised on 1 January due to financial difficult...

China seeks treatment as a market economy, and yet its top-down policies such as the Textile Industry Development Plan reveal the extent to which it will t...

Today's grain, oilseed, cattle and hog prices...

With the Mid-Autumn Harvest Festival in close proximity and the National Day scheduled to run through the first week of October, market data has been limit...

Today's grain, oilseed, cattle and hog prices...

At the moment, there is political inertia on a tax extender package. In part, this is because last year’s Protecting Americans from Tax Hikes (PATH) Act ad...

The 30 September USDA quarterly stocks reports didn’t contain any hidden bullish or bearish news for the corn and soybean markets. However, there a few iss...

While markets were steady overnight in light volume trade, corn and soybean markets started to firm at today’s opening. Wheat, on the other hand, couldn’t...

The wheat market in Romania and Bulgaria is extremely quiet. No trades have been reported in recent weeks except for one Moroccan tender as farmers are unw...

In hopes of spurring support for the Trans-Pacific Partnership (TPP), some U.S. agriculture groups highlight the fact that the EU is continuing to negotiat...

The RMA employs the FN rating to reduce the APH yields used for crop insurance policies. This year’s problem with the FN scores is in addition to the low y...

The September WASDE soybean ending supply estimate was 195 million bushels, and the trade was looking at today’s stocks number to see if carry-in soybean s...

Markets were mixed to lower overnight in light trading volume. Wheat and corn opened lower this morning ahead of the USDA reports, but the soy complex star...

African countries attending a conference this past week in Washington on the African Growth and Opportunity Act (AGOA) pushed back on a U.S. suggestion tha...

At the start of the wheat season, it was thought in India that international prices could rise if large volumes of wheat were to be imported. That has not...

Today's grain, oilseed, cattle and hog prices...

The eve of another important report from USDA, namely tomorrow’s 1 September quarterly stocks plus the final small grain production summaries, presents a g...

Trading ahead of tomorrow’s USDA reports produced mixed results. Those reports coincide with the end of the quarter for noncommercial-managed funds, a time...

In a critique of U.S. trade policy, Congressman Sander Levin (D-Michigan) correctly asserts that the public perception problem with trade will not go away...

USDA will release its quarterly Hogs and Pigs report tomorrow. If expectations bear out, slaughter capacity could become very tight in November and Decembe...

Today's grain, oilseed, cattle and hog prices...

Opponents key in on two or three generalized arguments against it, but there are dozens of specific outcomes of the TPP that are better than the status quo...

Although the Russian grain market continued to follow the trends of the previous week, there were two new influencing factors. Meanwhile, an analysis of 20...

Argentina's soybeans showed some movement this week in the new crop market with one cargo  traded at +43 SN for a 15 April position. Meanwhile, Brazil...

Today's grain, oilseed, cattle and hog prices...

Crude oil’s excitement of today did not spill over into grain or soy complex markets. Meanwhile, soybean export sales totaling 343,000 MT and the reports o...

In an effort to get more concrete poured on top of soil, the U.S. has had rural development subsidies for decades, and now there will be the opposite, urba...

The U.S. soybean harvest has been delayed by heavy rains, and the key states affected include North Dakota, Iowa, Illinois, Minnesota, and South Dakota. Wh...

Kenya reports that local maize and maize meal prices are dropping slightly as the local harvest has boosted supplies. However, maize imports are still need...

Historically small wheat acreage should result in sharply reduced production, which would seem likely to help lower burdensome wheat supplies for 2017/18...

Last night’s first presidential debate of the general election campaign did not include any mention of agriculture or agricultural policy – as was to be ex...

Corn futures prices traded lower early to near a multi-week low and then recovered to finish with a gain of a couple of cents. The day’s trading range was...

Today's grain, oilseed, cattle and hog prices...

Shuttle rail secondary market values have been rising for weeks and are now trading at a $1,000-2,000/car premium to tariff for October and November. They...

Japanese Prime Minister Shinzō Abe introduced today his envisioned economic policy. It is mostly a rehash of prior commitments but now with a $277 billion...

Today's grain, oilseed, cattle and hog prices...

Although the Fed did not increase interest rates at its last meeting, just as it hasn’t since December 2015, certain factors suggest a rate hike will very...

The estimated nationwide soymeal inventory totaled 512,000 MT as of 23 September, down 40,000 MT (-7.26 percent) from the week before and 467,200 MT lower...

Corn steadily lost ground today on fund selling and some expectations that farmers will have to sell some bushels as the corn harvest starts to gain some m...

The announcement that Beijing will impose a 33.8 percent antidumping duty on imports of DDGS from the U.S. was not a surprise, although there is also anoth...

It has been an interesting year in crop weather - to say the least - and somewhat ironic that instead of hot, dry weather being the problem around the worl...

The first advance estimates for India’s 2016/17 kharif production have been released, and they indicate a bumper crop this year. However, the trade believe...

Today's grain, oilseed, cattle and hog prices...

Markets were weak overnight with soybeans leading prices lower, and that weakness continued into today’s session. There was some talk about soybean/corn sp...

Canadian Prime Minister Justin Trudeau and Chinese Premier Li Keqiang jointly announced yesterday in Ottawa that the two countries have reached an agreemen...

Emergency funding for the water crisis in Flint, Michigan, has now bogged down the CR and is leading to the political brinksmanship in Congress. However, a...

Today's grain, oilseed, cattle and hog prices...

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

USDA Secretary Tom Vilsack reportedly recommended that his successor be a former governor. It is an understandable intuitive viewpoint, but not one held up...

Only when examining the actual numbers can the magnitude of the increase in soybean, corn and wheat export sales from last year be realized. However, there...

Markets firmed during the overnight session following yesterday’s mild sell-off. November soybeans finished the overnight session up 3¾ cents as tropical o...

The Argentine soybean market mostly continued in the pattern set the previous week with old crop offers at $1.25 over November futures. However, new crop o...

The Russian Grain Union president  has noted a specific currency change as a contributing factor to the country strengthening its position as one of t...

Today's grain, oilseed, cattle and hog prices...

Corn traded a narrow range today before settling a half-cent to a penny lower. New fundamental news is hard to come by at this point, and today’s weak acti...

The UN adopted a declaration calling for all nations to address the problem of rising antibiotic resistance, and agriculture got fingered heavily. However,...

The fallout from Egypt's new zero ergot standard for wheat continues with no offers for its recent tenders and confusion regarding shipments purchased unde...

The aquaculture sector has long relied heavily on fish meal as a prime source of protein in its feeds. The supply is decreasing, however, so it will need t...

The overall economy is ready for a federal funds rate hike, which will be an impact on farm income that is already down with crop prices and debt that is s...

U.S. producers can participate in a crop revenue insurance program, Crop Revenue Coverage (CRC), with premiums subsidized by the federal government. Now th...

Today's grain, oilseed, cattle and hog prices...

Strong buying occurred in soybeans today with the November contract closing up 17¼ cents today. Both soymeal and soyoil offered early support as did higher...

A provision in the 2014 Farm Bill requires the U.S. EPA to create an advisory committee of agricultural specialists to advise the agency’s scientists befor...

Canada is expected to harvest a record durum crop of nearly 7 MMT while the U.S. crop is the biggest in years at 2.5 MMT.  However, a certain issue wi...

Soybean futures led the charge higher overnight on follow-through buying after last Friday’s strong closes. Corn then faced a problem similar to soybeans’...

Federal government funding is approaching a crucial deadline with the current fiscal year ending on 30 September, and the Senate is expected to pass a CR t...

Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) hosts a hearing tomorrow on the proposed mergers occurring right now in the agribusiness sector...

Today's grain, oilseed, cattle and hog prices...

While the Ukrainian feed wheat price lost about $12 during the past three weeks, the market in Bulgaria and Romania showed a different price change as a re...

Although U.S. corn exports to China saw a modest uptick in July at a total 59,078 MT with FOB port departure value of $9.65 million after consecutive month...

Markets were mostly lower overnight on relatively light volume. When today’s session opened, however, funds then embarked on a buying program in corn and s...

The headline story of last spring and shortly thereafter was the record-strong El Nino and its potential impact on North American crop production this summ...

Today's grain, oilseed, cattle and hog prices...

Lower crop prices and farm income together with pressure for new products are leading to a wave of consolidation in the ag sector. One of the little-discus...

The U.S. Food & Drug Administration is like most government bureaucracies in that it is slow-moving and over-reaching. However, Donald Trump’s call thi...

High prices of pulses, the main vegetable protein for Indians, have led to higher wholesale and retail inflation. This has prompted GOI to enact certain me...

While U.S. pork production for 2016 is reduced on expectations of slightly lower carcass weights for the third quarter, there is a different scenario in th...

The General Court of the European Union today issued a ruling on the EU’s anti-dumping duties on biodiesel imports from Argentina and Indonesia, and this c...

Grain and soy prices firmed a bit overnight as trading volume improved from the low levels of the past two days. After trading resumed in the day session,...

The United Nations High Level Panel on Access to Medicines released its report this week advising that like poor countries, middle-income countries should...

Yesterday’s announcement that Bayer AG was acquiring Monsanto has set off a firestorm of mostly critical reaction. However, there is a key motivator behind...

Today's grain, oilseed, cattle and hog prices...

Finally, the market seems to have absorbed whatever implications it has drawn from Monday’s WASDE and USDA’s updated predictions of U.S. corn and soybean y...

Buyers returned to the Brazilian soybean market after a prolonged, especially quiet period. February shipments traded several times at $1.54-1.55 over Marc...

Nowhere is the lower farm income issue being more contentiously discussed than in Europe. Politicians are expressing outrage over the spread between farm g...

Today's grain, oilseed, cattle and hog prices...

Ukraine's domestic sunflower seed prices increased mainly due to devaluation of the national currency. Meanwhile, domestic rapeseed prices rose as buyers c...

Trump campaign representatives spoke today to a packed room of agricultural group representatives. While there was insistence that farming would be treated...

By the time the September WASDE was released yesterday, the trade’s pre-report consensus had coalesced. It had USDA’s corn estimates accurately pegged and...

Overnight trade saw prices ease lower, led by soybeans. With no changes in the U.S. wheat supply/demand, wheat futures prices looked to the other markets f...

With the government fiscal year ending on 30 September, the timing is clear as to when a CR must be passed, although the length of its duration is not. The...

The focus now shifts to harvesting the huge U.S. soybean crop.  Efforts are already underway in the Dakotas, but it will be two to three weeks before...

A recent GMO report notes that only three countries in Sub-Saharan Africa allow biotech crops, although eight other African countries are conducting fields...

Today's grain, oilseed, cattle and hog prices...

While the Russian 12.5 pro wheat is the cheapest origin (for similar quality) for the next few months, there are certain other origins that may displace it...

The trade expected the soybean yield to be raised, but USDA spooked the market by boosting it almost a full 2 bushels/acre, but there was a different surpr...