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...

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...

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

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...

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...

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...

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...

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...

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...

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

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...

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...

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...

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

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...

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

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...

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...

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...

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...

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...

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

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

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...

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

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...

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...

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...

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...

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...

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

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...

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...

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

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

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...

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...

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...

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...

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...

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...

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...

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...

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

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

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...

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...

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...

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...

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...

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

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...

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...

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...

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...

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

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...

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...

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

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...

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...

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...

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 $...

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...

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...

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

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...

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,...

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...

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...

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...

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...

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

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 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...

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...

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...

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 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...

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

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

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...

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...

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...

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...

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...

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

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...

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...

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...

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...

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

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...

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...

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...

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

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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

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...

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...

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 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...

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

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...

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...

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

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

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

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

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 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...

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 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...

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...

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

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...

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...

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...

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...

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...

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’...

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...

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

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...

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...

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...

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

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...

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,...

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...

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...

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...

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...

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

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...

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

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

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

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...

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...

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

The Center for Strategic and International Studies (CSIS) pooled together four former U.S. Trade Representatives (USTRs) to discuss American interest in th...

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...

China’s estimated soymeal inventory totaled 606,900 MT as of 9 September, down 104,400 MT from the week before and significantly lower than a year ago. Mea...

USDA did not make a single change to the U.S. wheat supply and demand numbers. It did, however, adjust  production estimates for India, Kazakhstan, Au...

The Dodd-Frank Act was signed in 2010 after the 2008-2009 financial crisis. Its purpose was to protect consumers and the stability of the financial system,...

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...

The market-oriented think tank Heritage Foundation yesterday issued a special report, which provides a number of policy recommendations geared toward ...

A survey of Ag Perspectives readers suggests likely corn yield reductions and more upside potential for soybean yields in the September WASDE report.Record...

Public opinion polling sponsored by the Center for Food Integrity shows the number of consumer believing the food system to be headed in the right directio...

USDA will release its monthly WASDE (supply/demand) estimates and another round of corn and soybean crop production estimates on 12 September. However, the...

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

Markets were quietly mixed overnight with little fresh news ahead of the weekend and the 12 September USDA reports. U.S. equity markets were sharply lower...

In response to an appeal for approval, a subcommittee of  India's Genetic Engineering Appraisal Committee has issued  its findings regarding the...

Markets moved higher by baby steps overnight, helped by the weaker U.S. dollar as well as Chinese soybean imports from all origins that totaled 7.7 MMT dur...

The U.S. Meat Export Federation (USMEF) today released the July beef and pork export volumes and values, which are totaled from USDA statistics. Beef expor...

The average forecast of analysts queried by Reuters is for Brazil to produce a record 103.1 MMT of soybeans in 2017. This is clearly a possibility if the c...

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

Governments continue to be attracted to one-off tax schemes in an effort to fight the obesity epidemic and concurrently increase the budget coffer for poli...

As interesting and important as export sales and export inspection data from USDA/FAS and FGIS may be, they are not the last word on the volume of corn, wh...

While Ukraine's milling wheat prices stopped rising because of the global market direction and milling rye prices remained stable, the general trend can be...

G20 leaders meeting in China had several interesting conclusions about the global situation, but what really needs addressing are the unfair aspects of tra...

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

Argentina’s soybean exports remain very quiet with old crop cargoes still offered by just one or two players at $1.35 over November for spot position. Mean...

Overnight trade saw generally higher prices for grains and the soy complex. The gains were modest in corn and wheat but more robust for soybeans and soymea...

Despite the bulk of all feed grains being grown in the Midwest, California has managed to dominate the nation’s dairy production. However, the state legisl...

Four years of big crops in the U.S. and the world have brought some economic pain for farmers in the form of prices that, in many cases, are below the cost...

The recent Institute for Supply Management (ISM) reports indicate growth, although slow, for the economy overall. There is still considerable pressure on t...

After the long holiday weekend, the overnight session saw a moderate volume of trading. The day session saw wheat and corn prices holding on either side of...

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

Researchers at Saudi Arabia’s KAUST University announced that they have identified a gene in barley that may increase yields in crops subjected to certain...

The government of China wants to reduce the country's corn production and stocks as well as the volume of soybean imports. Its goal is to raise soybean pla...

Markets were firm overnight with soybean futures trading as much as 10-11 cents higher. There was then more follow-through buying in the corn market today...

The giant corn and soybean harvests looming coupled with unprofitable low prices are creating a marketing dilemma for Corn Belt farmers. They are searching...

It is the end of the corn season, and India does not have any surplus of stocks despite farmers increasing the planted area in response to market developme...

Yesterday was the beginning of the new corn marketing year, and a recent analysis indicates the direction of corn prices after 1 September seems to have a...

France is hosting a meeting of EU members to discuss the Common Agricultural Policy (CAP) and how it can better respond to the current supply/demand imbala...

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

It is a new month today, and fund selling of the grains slackened, which allowed some price recovery overnight. This recovery carried over into the day ses...

A cattle and sheep herding robot is being tested by the Australian Centre for Field Robotics. While the current model is more likely to replace herding dog...

Thus far, activist groups such as Plate of the Union have been unable to achieve any kind of presidential candidate focus on U.S. food policy. Meanwhile, t...

Support for free trade has ebbed and flowed in cycles that frequently track the ups and downs of national economies. Nearly every political leader is in fa...

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

Canadian Prime Minister Justin Trudeau has achieved a small measure of success regarding the issue of China changing its foreign material limit for canola...

31 August is effectively New Year’s Eve for U.S. corn and soybeans as their 2016/17 crop year officially begins tomorrow. While it is doubtful that many in...

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

Anti-GMOers want social or ethical concerns to be a consideration in biotech regulatory decision-making. However, this constitutes a slippery slope given t...

The next few weeks will likely be marked with Brazilian corn buyers turning to Argentina for December and March shipments, and Argentine premiums will sure...

Russia has revised its grain harvest forecast and is also considering a change regarding grain exports after a discussion during proceedings of the Russian...

Overnight trading saw soybean prices open higher on a rebound, then slip lower under more selling pressure while the grains hung on to trade marginally on...

Anti-free trade campaigners attacked the pending EU-Canada Comprehensive Economic Trade Agreement (CETA) by arguing it would lower food safety standards. P...

Argentina’s major farm organizations fear new legislation that the government plans to introduce next month regarding royalties on biotech soybean seed. Fa...

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

Egypt's ergot problem continues with its ever-changing tolerance level. The latest edict conflicts with the FAO determiniation of an acceptable limit for t...

The California minimum wage issue will, predictably, have broader economic impacts. The alarming development, however, is that this is becoming a national...

Grain and soy complex futures prices tried to stabilize overnight after Monday’s beatdown, and there were expectations for some sort of “Turnaround Tuesday...

Farmers are trapped in an uncomfortable dilemma. Selling the remaining old crop bushels or more unsold new crop production at current prices will generate...

Recent reports have documented a decline in China's corn plantings, and  new soybean plantings there are also decreasing as is farmers’ willingness to...

Markets started quietly Sunday evening. While analysts thought corn would find some support after the Pro Farmer crop tour released a corn yield estimate b...

Governments should not crush the populist appeals of dissenters, but they must find a better way of responding to them. At minimum, this means achieving gr...

As farm and commodity groups seek additional financial assistance for the remainder of this year and start to focus on the upcoming farm bill next year, bu...

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

Recent analysis by WPI suggests the U.S. wheat market is poised for volatility in the coming months. A study of proprietary prices shows the increasing spr...

While it’s easy to sit back now and wonder how markets could collapse so far so quickly, the fact is (was) that a full-blown summer drought wasn’t needed t...

Beef cattle catch a lot of grief for their land and water requirements, but a recent USDA analysis shows them to be a relative energy bargain. TPP Official...

Quiet and slightly firmer overnight trade turned into a rout mid-morning today when wheat and soybean futures broke some key technical support and plunged...

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

Prime Minister Modi recently assessed the Ethanol Blending Program (EBP) for India and wants 10 percent of the output made available across the country. Ho...

The biodiesel tax credit will expire in December if not renewed. Senator Charles Grassley (R-IA) has proposed legislation, co-sponsored by 13 other senator...

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

The term “natural” is not defined by the U.S. FDA for its use in labeling food products, and companies are increasingly being challenged in court by litiga...

Dairy policy has always been highly politicized from Lyndon Johnson’s time in the Senate in the 1950s right up through this week as USDA announced a major...

Monsanto's withdrawal of its application to sell Bollgard II Roundup Ready Flex cottonseed in India is said to be due to a new government-proposed requirem...

With the Pro Farmer crop tour finding higher pod counts than last year and Chinese soybean buyers hiding, traders started to unwind soybean/grain spreads i...

It seems that there is a greater-than-usual fascination with the question of what the 2016 U.S. corn and soybean yields will ultimately turn out to be, whi...

Given Argentina's soybean export duty situation, trading houses are taking different strategies for the coming campaign. Several recent sales would be inte...

Milling wheat bids at the UBS ports increased in UAH expression to $164-172/MT CPT-port (3rd and 4th grade), and  export offers grew to $164-174/MT.&n...

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

Overnight trade featured low volume and lower prices, including new contract lows for Chicago wheat. That theme carried over into the day session with soyb...

Some are calling it scaremongering by Angela Merkel’s government, but her latest civil defense policy is likely welcome news for agriculture. Automation Pu...

Grain and soy markets started out weaker in overnight trade and continued to trade red numbers throughout the day session in a relatively subdued manner. M...

Weather problems have taken the edge off yield potential for some of Canada's spring-sown crops, particularly one. There is also another element that canno...

Aging farmers and the myth that we’ll run out of them continues to be a media favorite story. The latest involves worry over attracting young people to the...

The ”smart-card” system in Egypt for subsidized food, including bread, is being moved to the control of the military production agency from the ministry of...

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

Yesterday CIFUS reportedly sanctioned the proposed purchase of Syngenta by ChemChina. The acquisition is controversial and has sparked opposition from a wi...

Brazilian fertilizer companies are being challenged this year by a shortage of trucks amidst rising demand. This has driven up the cost of transporting the...

At today’s prices, the Russian 12.5 pro wheat is about $15 cheaper than the German wheat and approximately $20 less than U.S. HRW on FOB basis. For Decembe...

USDA forecast a record U.S. 2016 corn yield of 175.1 bushels/acre on 12 August and a record crop that will exceed 15 billion bushels (385 MMT) for the firs...

Activists opposed to conventional food and agriculture often step over the line, but one has finally been caught. Trade Policy to Address Industrial Policy...

The U.S. lifted its decades-long ban on crude oil exports in December 2015. Prior to the ban, they had essentially only been allowed to Canada with two exc...

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

Funds were selling wheat again today and had reportedly sold more than 7,000 contracts of Chicago wheat by noon. Meanwhile, soybean and soymeal futures tur...

China’s estimated domestic soymeal inventory unexpectedly declined by 50,000 MT (-5.88 percent) last week to 800,000 MT, driven mainly by two factors. Now...

Soybean futures were weaker again overnight with the November contract dipping below $10. Meanwhile, corn and wheat were mostly steady overnight but turned...

2016 will be another big wheat production year. The question will be how quality wheat separates itself from the voluminous amount of feed wheat, but there...

The populist National Farmers Union (NFU) has now provided some ideas on how to address the economic fallout of a long-run bear market.   Russia Slam...

Considering how difficult it currently is to cull/sell cows in India as there is likely to be a clash of ideologies with the Hindu lobbies, farmers in some...

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

Yesterday the U.S. EPA’s Office of the Inspector General  released its report on a review to determine if the agency complied with the statutory repor...

Bear markets always spur more mergers and acquisitions as firms scramble to find savings and survive. Several are currently underway, and members of Congre...

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

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

India has sharply boosted its soyoil imports this year as its vegetable oil refiners have a reason to prefer those stocks over palm oil. Reaching USDA Fore...

Grain and soy complex prices mostly traded lower in overnight action as the technically overbought Malaysian palm oil market corrected from yesterday’s big...

It is not at all unusual to find a period of time in a single crop cycle when the supply side appears dominant and another when demand seems to take over...

Last year, Brazilian soybeans were able to compete against  U.S. origin through December, and even January showed some exports. That will not be the c...

After a rather tentative overnight session, CME grain and soy complex futures put together a rally during the day session in which consistency was more imp...

A downward trend still dominated most of the Russian grain market, although the prices for feed barley and corn were unchanged. Meanwhile, there is a dispu...

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

Collateral damage to non-target species by pesticides should come as no surprise. What is surprising is that the superiority of genetic modification as a p...

Kenya will begin a two-season GM maize testing program in October. The hope is that the biotech variety will be found to be superior to the current maize s...

According to the U.S. Energy Information Administration (EIA), domestic fuel ethanol production capacity has increased for the third consecutive year in 20...

The National Oilseed Processors Association (NOPA) yesterday released its July monthly soybean crush report, which indicated a drop in volume versus the pr...

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

Despite the very high weekly corn crop condition ratings that persist even though they should begin a seasonal drop, there appears to be widespread skeptic...

Big banks are racing furiously under the assumption that blockchain technology is going to undermine the need for their role in ensuring the integrity of f...

The overnight session saw two-sided trade in reduced volume. While volume improved somewhat during the day session, price action remained indecisive. Fund...

As China's per capita income has boomed, the dining habits of young professionals have changed dramatically. Consequently, demand for high quality flour ha...

A three-judge panel from the Ninth Circuit Court of Appeals chastised the U.S. EPA once again last Friday for a string of delays in taking action on a requ...

There is great frustration on the part of some that the adverse impacts of the food system fail to garner more political attention in a major election year...

Most people won’t remember the “Is it real or is it Memorex?” slogan. With soybean futures finishing today up to 27 cents higher, though, some are wonderin...

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

Saudi Arabia bought 640,000 MT of hard wheat for October/November at prices equivalent to about $196-198 FOB. The cheapest origins were Germany, Poland and...

Agricultural markets opened steady to a fraction lower Sunday night, but soybean futures were trading good gains within the first hour. The buying across t...

Today’s USDA reports were bearish at first glance. However, the picture for soybeans looks much more bullish when factoring record demand against reduced o...

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

Markets were calm overnight in anticipation of today’s USDA WASDE, which is how today’s session started. Corn had new contract lows before the reports were...

Today’s WASDE report from USDA may have been bearish for the commodity markets, but it was bullish for the farm spending component of the next farm bill. W...

GOI may not be able to procure the volume of ethanol required to meet its Ethanol Blending Program (EBP) mandate of a 10 percent blend in all gasoline used...

Commodity checkoff programs, also known as research and promotion programs, have been the center of controversy in the last few years. As to be expected, w...

Euronext’s Paris wheat futures could be considered a far better and more logical proxy for the world wheat market than Chicago wheat futures. The CME Group...

Among market watchers, there is now a great deal of prognostication about the pace of the cattle herd rebuilding amidst positive beef demand signs that can...

The Aquaculture Juggernaut Despite efforts by antagonists to end fish farming, its efficiency will keep it the dominant animal protein production methodolo...

Neither the political left nor right possesses a monopoly on hypocrisy, but today’s example involves Iowa agribusiness owner Bruce Ratstetter, who is...

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

Argentina's oilseed processors want the country to grow more soybeans so that they can increase their capacity utilization. The country currently has about...

Grain and soy markets traded rather quietly on both sides of Wednesday’s closes overnight, but action picked up during the day session, at least in terms o...

The overnight session featured stronger soybean and soy product prices with subdued trading of corn and wheat on both sides of Tuesday’s closes. However, t...

Traders' domestic milling wheat bids in Ukraine kept growing, possibly due to rising export prices. Prices at the UBS ports prices continued to increase as...

Argentina’s new crop soybean market was active again this week. Two CNF cargoes were traded at $110 and $106 over the July CBOT contract, and one FOB cargo...

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

NGOs in the United Kingdom are complaining to officials because food companies are predominantly marketing snack foods and drinks (“junk food”) during the...

Recent analysis of maize cereals and flour in Tanzania have shown very high levels of aflatoxin, but the government claims a different cause of the reporte...

Grain and soy prices were mildly lower in overnight trading with volume no better than average. During the day session, trading in corn and wheat was a two...

Total farm production expenditures were estimated at $362.8 billion for the year, an 8.8 percent decrease from $397.6 billion in 2014 that was driven by se...

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

The June data shows that the trend toward larger U.S. exports is already underway, but current export sales volumes for 2016/17 provide a way to add some q...

Today was the International Day of the World’s Indigenous Peoples, which basically praised these subgroups for their disengagement from the world. The whol...

Indonesia’s palm oil stocks fell 8.2 percent to 1.8 MMT in June from 1.96 MMT at the end of May. That was the sixth straight month that they have declined,...

Soybeans, corn and wheat opened better than expected Sunday evening, and volume overnight was fairly strong in all three markets .USDA's announced sale of...

Canada will extend and make permanent a program that enables dairy processors to obtain domestic milk at world market prices, which are well below the guar...

The sizable spread between China’s domestic wholesale pork price and foreign-produced pork, which went as high as RMB 26.74/kg ($4.02/kg) in Shanghai this...

Virtually everyone involved to any extent in corn and soybean markets is anticipating that USDA will boost those yield estimates, chiefly for two reasons...

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

The prospects for limited exports out of France are increasing demand for Black Sea wheat as well as other origins. There was one unusual trade involving t...

USDA’s National Agricultural Statistics Service (NASS) has released its annual survey results on farmland values and cash rents, which indicate some change...

Today’s announcement included news that the CME will add a seasonal discount on live cattle tendered to one delivery location for the October contract (onl...

The surge in corn and soybean export demand is elevating shuttle freight values as well. However, this is not a positive development for some. Meanwhile, t...

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

As India’s inability to import non-GM corn from international markets continues, high input and low output prices as well as other issues over the past few...

With the increasing attention in Washington on income inequality, any focus in the future on what parts of agriculture have money and assets while concurre...

USDA announced additional soybean export sales this morning, which pushed soybean futures as much as 20-22 cents higher early in today’s session. Corn stru...

Grain and soy contracts once again tried to stage a rally overnight and then early in the day session. Meanwhile, the corn market is continually weighed do...

Domestic meat consumption in the U.S. is back on the rise with several  factors all contributing  to lower prices. Last year and 2013 were the on...

It could be assumed that sustainability would not be much of an issue in the developing countries of Southeast Asia. However, there are European firms with...

Like the proverbial bad penny, the issues raised by the CFTC’s proposals to establish limits on the size of speculative positions held in derivative market...

Now that a WTO dispute settlement panel is forcing India to allow imports of American poultry products, the nation’s chicken farmers are nervous. Their rep...

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

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

Grain prices on the Russian market continued to decrease overall, more significantly when expressed in USD since the ruble has weakened so much over the pa...

Like corn, soybean futures contracts spent most of today’s trade posting green numbers. November soybeans were up as much as 13 cents at the day’s high bef...

Despite Argentina's high premiums, Brazilian buyers procured corn at $130 over the December contract for delivery in October and November. A large concern...

While grain and soy markets seem to slow down in August during some years, 2016 may not be such a time as there is so much going on of potential importance...

Although income inequality was heightened by the Great Recession and has statistically tempered, it remains a major policy concern. The outcome of research...

The overnight trade saw wheat prices edge higher while corn and soybeans drifted lower on yesterday’s fancy crop condition ratings. Trading volume was a bi...

A carbon tax was the concept behind President Obama’s cap and trade proposal that was ultimately abandoned early in his first term. In Canada, meanwhile, E...

A survey of Ag Perspectives readers suggests the 2016 U.S. corn yield will exceed both 2014’s record and current USDA projections.What will the 2016 U.S. c...

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

China's Agriculture Minister Han Changfu has announced government plans regarding future corn plantings that could have an impact on the country's soybean...

Egypt’s wheat inspection committee announced that its initial investigation shows a small portion of the government’s local wheat purchases cannot be locat...

The soy complex opened weaker than expected Sunday evening and really never looked back last night or today. November futures were down as much as 44-45 ce...

Low prices and weak or no profits are spurring a resurgence in marketing interest among farmers, and there are several steps that each can take.There have...

Now that the major parties’ nominating-conventions are over, the presidential campaign enters its home stretch, a 100-day sprint to the finish. One o...

In an effort to reduce China's swelling inventory of imported soybeans, crushing facilities steadily boosted their utilization rates throughout July. Howev...

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

Like Europe, U.S. use of inputs like fertilizer slowed as genetics and technology increased in their role in production. The difference is that U.S. agricu...

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

The American Soybean Association (ASA) just completed its July board meeting, and it is urging USDA to provide an administrative fix to the 2014 Farm Bill...

The price collapse during July has again started to highlight some concerns about the state of the U.S. farm economy, but there is one bright spot.The pric...

While corn is sitting at or near contract lows and wheat was lifeless again today, the soybean market received a lift from another round of export sales an...

The recently enacted GMO labeling law may cause a bitter rift in one U.S. industry if USDA uses its discretion and determines that products containing suga...

India's sugar prices are expected to remain volatile as its area under sugarcane is down approximately 4 percent for 2016/17. Sugar is priced at $540/MT on...

Republican presidential nominee Donald Trump has proposed renegotiating NAFTA and other existing trade deals. His motivation is based on a belief that a co...

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

2016/17 is shaping up to be a far different and better year for producers, handlers, transporters, processors and exporters of the major U.S. row crops tha...

After trading slightly higher overnight, soybean futures prices gave way to a milder weather outlook and less than overwhelming weekly export sales data. T...

Compared with 2014/15, this year’s volume of U.S. soymeal exports has not been very good. However, it would be even worse if not for the big increase to tw...

China’s imports of DDGS were up nearly 20 percent in June but still down 75 percent compared to the first of last year. They should be higher based on the...

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

The two major U.S. presidential candidates, Clinton and Trump, could not kill the prospects for a lame-duck vote on the Trans-Pacific Partnership (TPP) by...

The Brazilian soybean market has been reactivated for new crop. Fueled by the drop in CBOT soybean prices, buyers have been showing significant interest, a...

Domestic milling wheat bids quoted by traders in Ukraine grew due to the slowdown in harvesting caused by rain as well as the low share of milling wheat in...

Grain and soy markets traded in better volume overnight with mixed results. Soybeans were firmer, but the grains held unchanged to slightly lower. Soon aft...

Silo owners in Egypt are reportedly protesting that the committee tasked with investigating the government's local wheat purchases is totally incompetent...

It has been Vietnam’s rapidly increasing demand for pork, poultry meat and farm-raised fish that has driven the quick growth in demand for soymeal, corn an...

USDA and the EPA have targeted a 50 percent reduction in food waste by 2030, which is about 4.75 billion pounds (2.375 MMT) annually for the next 14 years...

One feature during July has been the consistency of USDA’s weekly crop condition ratings for corn and soybeans. There is already considerable discussion ab...

A post-Brexit revolt by member states has forced Brussels into conceding a ratification process to national parliaments on the Canada-EU Trade Agreement (C...

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

The U.S. wheat futures market was reacting to a 4.50 euro decline in the spot Paris wheat futures contract after several days of price appreciation. The so...

The French market will be very volatile in the coming days/weeks under the influence of the reported yields and quality as the harvest progresses to the no...

The two major party presidential candidates have now named their running mates, and both have distinct records as well as positions regarding agriculture.B...

Now that weather has faded from the market screens, there are other items to discuss. Among a few to start the week are shuttle train values, U.S. winter w...

An analysis of the Dalian monthly data for June compared with that from May shows that the markets for soybeans, corn and related products are experiencing...

Washington is known for lobbying, but the quadrennial U.S. political conventions are equally ripe targets for those trying to influence future policy direc...

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

The soy complex was again under fairly heavy selling pressure to start this week. Meanwhile, corn had a narrow trading range today. Funds have liquidated t...

The spring rally in the soy complex, which dragged corn and wheat along, fit nicely into the La Nina weather scenario. Funds were very early to jump on tha...

Funds were still holding fairly large long positions in soybean and soymeal futures, but they were heavy sellers in both today. Corn withstood that onslaug...

Ethanol output jumped last week by 25,000 barrels per day (bpd) to a weekly average of 1.03 million bpd, setting a record for the second  consecutive...

Early this month, the United States sought trade sanctions against India after winning a dispute at the WTO regarding restrictions on imports of its poultr...

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

Canadian journalist and author Malcolm Gladwell has written some awesome books about life’s dynamics, but his latest correlation may be half-baked...

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

This week's Export Sales report from USDA offers insight into the grain market's likely price pattern going forward. Based on historic export patterns, U.S...

The U.S. is hoping to negotiate with China on supply controls regarding steel and other products when the G-20 meets in September. Meanwhile, the EU says t...

It was a two-sided and rather quiet market, both during overnight trading and again during the day session. However, that is not to say there was no price...

Today’s USDA export sales report indicated last week was good for U.S. soy. The sales suggest the U.S. will have excellent exports through the remainder of...

While pork exports are down 6 percent from last year based on slower slaughter, those to China and Hong Kong increased notably during January-May with addi...

All ports in Argentina are facing logistic challenges that stem from Monday’s strike by two popular trucker unions. Meanwhile, traders there are debating w...

The U.S. and India began talks to resolve a dispute over poultry trade before Washington imposes $450 million in retaliation. However, prospects are not go...

The overnight session started with a halfhearted effort by grain and soy futures markets to recover from yesterday’s beatdown. Trade was on both sides of T...

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

Russia's domestic grain prices dropped as they traditionally do at this time of year, supported by a higher average yield at this time, although corn price...

The Republicans struggled with writing the trade-related provisions of this year’s convention platform. That is because their presidential candidate is les...

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

13 African nations met in Tanzania to discuss ways of controlling aflatoxin, mainly with maize and groundnuts (peanuts). Much time was focused on the succe...

There is no question of a potential decrease in China’s soybean imports next year due to several factors, including a change in its price support program f...

The wheat market has been immersed in such a bearish mentality for so long that it almost seems to have become a permanent condition. However, there are so...

Yesterday was the opening day of the Republican convention in Cleveland. Delegates there adopted the party’s latest platform, which included some highlight...

After soy and corn prices recovered yesterday from deep early losses to close solidly higher, markets were unprepared for the unexpected rains and milder p...

Markets opened lower Sunday evening with soybeans again leading the markets down. November soybeans traded as much as 24 cents lower overnight on continued...

In less than one year’s time, eggs have moved from record-high prices due to the outbreak of highly pathogenic avian influenza (HPAI) to the lowest prices...

The Algerian OAIC bought 400,000 MT of EU wheat, paying around $198/MT CNF. Algeria is traditionally a captive market for French origin, but the French exp...

The latest Transatlantic Trade and Investment Partnership (TTIP) negotiations reportedly made progress in several areas, except on Brussels’ demand for Geo...

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

There hasn’t been any positive or bullish news around the wheat markets for a very long time. Despite what appears to be overwhelmingly bearish U.S. and wo...

China’s estimated soymeal inventories continued to climb nationwide last week, rising another 80,000 MT to a total 800,000 MT. Several factors caused this...