There was nothing bullish in USDA’s numbers today. However, USDA did tinker with corn more than anticipated in mid-winter and revised the world wheat endin...

India’s soybean processors have greatly reduced their crush volume due to certain factors and had asked the government to take specific action to boost imp...

The day started with another round of gloom and doom as well as a risk-off mentality. Grain and oilseed futures markets were little changed overnight and t...

Crop insurance baseline spending cuts are to occur over several years and come from a 10 percent reduction in all policies containing a “harvest price opti...

A bipartisan bill entitled the “Energy Policy Modernization Act” is stranded as U.S. Senate negotiators hold proxy fights over things like aid to Flint, Mi...

The latest USDA FAS GAIN report for Turkey shows 2015/16 production of wheat, barley and corn will be higher. Although imports of these three grains are ex...

From Cold War to Farms Big data got a slow start in agriculture and many fear some of the outcomes it offers, but opportunity is certainly one of them. Lin...

Typically, the submission of the president’s budget sparks a number of congressional hearings and starts the process of Congress formulating its own FY 201...

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

The trade will likely focus on crop production estimates for Brazil and Argentina in tomorrow’s USDA reports. Even though no one expects significant change...

China has record stocks of unpalatable rice, rancid vegetable oil, tainted wheat and moldy corn, and Beijing is trying to square how to make the surpluses...

The grain and oilseed markets were mostly steady overnight, but that changed when U.S. financial markets opened with big losses. Those losses accelerated q...

Newly released data indicates U.S. agricultural exports to China declined in December 2015 for some products, but there were notable increases for others...

Ever wonder how dirt cheap energy could be so bearish today when that used to be a bullish economic factor, or how some people know who’s buying and sellin...

The TPP agreement was signed this week in New Zealand, and some ministers proclaimed that they would not wait for the Americans before pushing it through t...

While USDA has determined that it does not have the authority to designate cottonseed as a minor oilseed under the 2014 Farm Bill, it did announce the elig...

Wheat was steady overnight but turned lower at today’s opening. The selling pushed the March Chicago contract below $4.70, and that triggered more technica...

The collapse of India's agriculture sector is apparent throughout the country and  results from several factors. Due to the needs of a growing populat...

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

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

The weaker USD helped support grain and soy futures prices overnight amid decent trading volume. However, its influence waned during day session futures tr...

Unlike the U.S., Australia inked a direct bilateral deal with Japan in 2014, the Japan-Australia Economic Partnership Agreement (JAEPA), which took effect...

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

China National Chemical’s (ChemChina’s) purchase of Syngenta will not only lead to improved crop yields in China, but it should also create a path for comp...

It is not easy to change long-entrenched, negative public perceptions about futures markets and speculators, much less explain why they are important in ev...

After notifying Congress yesterday that he lacks the legal authority to provide subsidies to cottonseed under the PLC and ARC programs, USDA  Secretar...

Corn lineups are astonishing everyone in Argentina. More than 1.5 MMT were loaded in January, and close to 2 MMT are slated for February. March/April/May l...

Food system managers express frustration over the seemingly simplistic and yet complicated demands coming from consumers. In many ways, their demands are o...

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

While some grain market experts are expecting a 35 percent boost in Ukrainian wheat exports in MY 2015/16 compared with the past two years, there are also...

Futures price action during the day session more or less continued the overnight pattern with wheat closing a few pennies higher, corn down less than 2 cen...

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

Grain and oilseeds markets firmed up at today’s opening. The most positive market action today was across the soy complex with corn trying to follow the ra...

According to an Indonesian government official, the French Senate passed biodiversity legislation on 21 January that would impose a very high progressive t...

Cruz stated that the RFS itself, specifically the EPA-issued Required Volume Obligations (RVOs), limited the use of corn ethanol compared with the statutor...

The ink is barely dry on the 2014 Farm Bill and its implementation is incomplete. However, lobbyists in Washington are already advising that it is time to...

Zambia reports that it has received many maize export requests from neighboring countries that it is unable to meet. Zimbabwe is said to have asked for 500...

Weather was in the market news last week as it always is, but there was also another round of discussion regarding El Nino/La Nina and the weather patterns...

In his speech at the NCBA's Cattle Marketing and International Trade Committee on Friday, CME President Terrence Duffy laid out a number of reforms to be i...

The EU Commission has determined that there is no need for continent-wide legislation to deal with perceived unfair trading power by wholesalers/grocers ov...

Overnight selling accelerated at today’s opening, notably in wheat. Corn and soy markets did recover most of their losses this morning, but those minor gai...

The Black Sea market remained about unchanged last week. Demand is difficult to find, and there are several other competitive origins. Meanwhile, Ukrainian...

China's soymeal inventories continued the pattern established after the first week of 2016 and dropped by 80,600 MT (-5.6 percent)  last week to 1.35...

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

Soybeans are much cheaper to grow than corn, and input costs per acre will be a factor in many farmers’ planting decisions this spring when weather can als...

Wheat tried to mount a small rally today in sympathy with higher corn and soybean markets, but it never found enough buying to spark much of a move. There...

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

The Fed added some language to its statement following yesterday’s Federal Open Market Committee (FOMC) meeting that was not included in December’s, which...

Writing in the Wall Street Journal, Steve Nissen and Nina Teicholz show that effectively attacking the U.S. government’s dietary guidelines is like shootin...

There is immense pressure on GOI to allow the trade of GM crops in India as such trade will continue to rise with full implementation of the Trans-Pacific...

The resignation of top Japanese Trans-Pacific Partnership (TPP) negotiator Akira Amari due to an aide’s bribery charges (he took money too but declared it)...

Before USDA’s morning announcement of canceled soybean sales, grain and soy prices were slightly lower during the overnight session with trading volume no...

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

The U.S. biodiesel industry has renewed its efforts to convince Congress to change the recipients of the current $1/gallon biodiesel tax credit from blende...

Market analysts try to identify trends and frequently explain a market’s short-term price action as part or confirmation of one. They also occasionally vie...

The discussion is focused on whether there are structural problems in the cattle futures market. At the core is the general issue of high frequency trading...

U.S. stocks were slightly lower early in the day, but they recovered to show small gains as the Fed meeting finished. Neither anticipation of the Fed’s lat...

Russian grain prices continued on an upward trend in RUB expression on the domestic market. They kept dropping in USD expression, however, and demand incre...

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

In Argentina, there is a rapid heat up in soybean basis. 20 days ago, cargoes traded at a negative level of 9 SN below CBOT. This week trades are being mad...

U.S. cattle producers, upset that prices for their animals have slid precipitously from previous highs, will be happy to learn that Europe is having better...

 One of the purported goals of the White House-sponsored “Rural Council” awarding assistance to “Local Foods, Local Places” (LFLP) partner communities...

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

China’s economic slowdown may have a direct negative impact on the volume of copper or crude oil it imports, but does this have a similar effect on its imp...

More details have been released regarding the Egyptian government’s program to become self-sufficient in wheat. The plan is to reclaim 1.5 million feddan (...

Grain and soy futures trade was rather dull and low volume in nature overnight as well as again during the day session. Prices traded on both sides of Mond...

Russia’s Federal Service for Veterinary and Phytosanitary Surveillance (Rosselkhoznador) today indicated it may soon prohibit U.S. soybean imports because...

 EIA reported this week that marketed natural gas in 2015 was priced 6 percent higher on average than 2014 levels, while it also has projected that co...

There are already a number of private analysts issuing guesses on what farmers will plant in 2016. Most are looking for more corn and soybean acres as well...

China's average domestic corn price dropped for the second consecutive week, hitting its lowest level since 19 November. As of last Friday, it stood at RMB...

When the U.S. Congress gave extra incentives for the production of a fuel (cellulosic ethanol) that did not exist, too many naive policymakers thought it w...

Corn managed to eke out miniscule gains when the soy and wheat markets moved to new daily highs in the last hour of trading, but it couldn’t hold even thos...

While the House of Representatives will not return to session now until 1 February, the Senate has enough members in DC to convene tomorrow morning. That b...

Egypt’s GASC bought 235,000 MT of Romanian, French and Russian wheat last week at an average price of $189.17/MT, approximately $1.50 cheaper than what the...

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

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

The bearish psychology that has blanketed agricultural markets for many months has masked a significant developing story. That story is the severe drought...

Commodity markets started strong this morning, pushed up against technical resistance and broke down when that resistance couldn’t be penetrated. Weekly U...

This week CBO released a preview of its annual Budget and Economic Outlook for the 2016-2026 period. If the 2016 deficit projection is accurate, this will...

India is importing corn for the first time in 16 years, limited for use by only actual end users. Non-GM is specified and is being sourced from Ukraine. Ho...

A small group of U.S. senators has expressed concern that the food industry’s SmartLabel initiative is inaccessible to the poor. However, there are at leas...

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

Grain and soy markets were active overnight with prices edging higher in line with outside markets. Trading quieted some during the day session with soybea...

Argentina's farmers have been seeking the recently enacted changes in the country's export policies to boost their incomes as well as improve their crop ro...

Today production in South America or the Black Sea region and demand from China, North Africa or Southeast Asia are as important and influential to markets...

U.S. Senator Sherrod Brown (D-Ohio) knows he isn’t going to like the outcome of the U.S. International Trade Commission’s (ITC’s) review of the Trans-Pacif...

USDA’s Agricultural Marketing Service (AMS) has withdrawn two voluntary marketing claim certifications for beef under the Process Verified Program (PVP) as...

The Obama administration is suggesting that complaints from industry over the Trans-Pacific Partnership (TPP) can be resolved through implementation plans...

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

There was a great deal of movement this week in the Argentine soybean market with five to seven trades completed at levels of -2 FOB for 15 April and 58 SN...

Grain and soy futures markets were buoyed yesterday by the macro influences from the financial sector, and they were pulled back today by those same influe...

The Ukrainian Ministry of Economic Development and Trade reports that domestic companies have now received licenses to export 400,000 MT of corn to the EU,...

South Korea has once again completely banned all imports of U.S. broiler meat due to a geographically limited outbreak of highly pathogenic avian influenza...

Soyoil has clearly gained the most demand in China during this decade. Its consumption is forecast to be one-third greater in 2015/16 than in 2010/11 despi...

Grain and soy markets as well as other commodities were caught up in surging world equity markets, which were heaving a macro sigh of relief that China’s g...

While USDA's lowering of the final 2015/16 U.S. corn production estimate in the January WASDE was a mild surprise, its forecast for ending stocks was adjus...

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

Low levels of precipitation are affecting South Africa's intended maize plantings for 2016 as well as those of Zambia. With farmers in both countries expec...

This new model will more than double the government’s fiscal cost for premium subsidies, but it is also expected to more than double the amount of crop cov...

While the controversy over the 2014, 2015, and 2016 RFS and RVOs continues, the EIA and USDA released their monthly forecasts for this year's ethanol deman...

There were two interesting presentations at farm meetings this week. The first was a weather recap by the climatologist from the University of North Dakota...

GOI has issued a new seed price control order, effective March 2016, which aims to fix the sale price of cotton seed (with GM technology) as well as contro...

Corn, wheat and soybean futures markets had another mixed session. Everything was lower early, but corn and wheat rallied to trade 3-4 higher by midmorning...

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

Political analysts credit the rise of unconventional candidates like Donald Trump and Bernie Sanders to public frustration with the duplicity of convention...

There have been conflicting reports regarding whether Brazil’s soybean sector has asked the government there to file a WTO complaint against U.S. soybean s...

U.S. agriculture is a major beneficiary of the TPP, but the sector is only really important in a minority of congressional districts. The rest of the busin...

R-CALF USA sent a letter to the Senate Judiciary Committee on 5 January that requested an investigation into “potential antitrust and anticompetitive condu...

It has taken a few days, but the effect of Tuesday’s USDA reports, which were seen as surprisingly bullish, seems to have largely worn off. Meanwhile, USDA...

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

The small declines in estimated 2015 U.S. corn and soybean production in this week’s WASDE along with the smaller winter wheat plantings for 2016/17 will n...

According to Rosselkhoznadzor data, Russia exported 23.6 MMT of grain as of 12 January and since the beginning of MY 2015/16. 35.57 MMT were exported in 20...

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

Overnight trade in grain and soy futures found both sides of yesterday’s closes, but prices did not stray far in either direction. Trading seemed subdued c...

Old crop corn continues to be traded in the Argentine market. At the FOB market, exporters are still offering their purchases from the FAS (before the elim...

Just as Russia reaches the point of becoming the world’s largest wheat exporter, the government is proposing a move that could undermine that positioning...

With the 2016 election looming, tonight's State of the Union address is expected to have a sustained emphasis on the president's accomplishments. One Obama...

While the reports were slightly positive for U.S. soybeans, that does not offset the overall negative outlook for the sector in the year ahead due to sever...

When USDA lowered its production estimates for 2015 corn and soybeans today, it caught managed money funds leaning the wrong way. Wheat markets were domina...

USDA released its reports  today, which cover final production estimates for fall-harvested U.S. crops, 1 December quarterly stocks, winter wheat plan...

Israel and Turkey are reported by Ukraine to be in discussions regarding FTAs that would cover its grains, oilseeds and agricultural equipment along with f...

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

Corn, wheat and soybean futures were steady overnight, although they turned decidedly lower once today’s session opened. Wheat and corn were down the harde...

Senator Ted Cruz (R-TX) has capitalized on the national trend toward skepticism over the RFS among Republican voters, drawing the attention of the ethanol...

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

Even though the average trade estimate for corn production shows very little change from the November USDA report, there are a number of analysts who belie...

After Australian Green Party leader Richard Di Natale declared that GMOs were not unsafe for humans, the Australian National Farmers’ Federation asked that...

The projected drop in soybean imports during January and February should give the major crushers some added breathing room as they work through the massive...

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

The UK’s organic food promotion entity, the Soil Association, has gone beyond its warnings against chemicals and GMOs and now castigates one of the most pr...

GOI is permitting PEC Limited, a State Trading Enterprise (STE),  to import 500,000 MT of corn for poultry feed and starch manufacturers under the tar...

The markets were slightly higher overnight, and those gains turned into a mini short covering rally this morning. Outside markets were also mostly higher t...

While much attention has been focused on the value of the U.S. dollar since the U.S. Federal Reserve Board modified monetary policy and started to raise in...

The crop budget worksheets are of course only estimates, and virtually every producer will have a different set of numbers. Yields are always the key facto...

Today the U.S. Departments of Agriculture and Health and Human Services jointly released the 2015-2020 Dietary Guidelines for Americans. At the time of the...

All WASDEs are important, but some are considered more so than others. Each January issue will contain USDA/NASS’s final production estimates for fall harv...

A larger problem for the TPP is that even the pact’s supporters in the U.S. (the business community) have mostly endorsed it with the caveat that it needs...

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

Lower export sales were anticipated last week because of the New Year holiday. However, today’s USDA export sales report indicated net soybean export sales...

After early weakness, most corn futures contracts closed unchanged or near thereto. Meanwhile, in the face of all the macro turmoil, soy complex futures pe...

Grain and soy futures prices were lower as the overnight session ended and again as the day session opened. However, when March corn failed to break below...

While Argentine farmers continue to claim that they are not receiving the maximum prices exporters can pay for the goods, largely because of the large stoc...

According to sunflower oil traders, decreasing export prices may lead Ukrainian producers to consider a significant response. Those prices had dropped to $...

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

Some in the biofuel community are lamenting that U.S. EPA slightly reduced the blend requirements for their prized fuel, but the U.S. Navy has announced pl...

As a result of recent policy changes by the Argentine government, farmers are now expected to double wheat plantings in the next growing season and corn pl...

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

It is reported that fewer than half of the maize plantings in South Africa have been completed due to the severe drought. With yellow maize prices up about...

Soybean futures contracts closed up about 1 cent except for January, which gained 3.25 cents and is now at a 10.5 cent premium to March. The inverse has be...

There is no denying that grain and soy markets have been, and continue to be, driven by a barrage of bearish supply/demand fundamentals. However, when mark...

While grains were 19 percent lower on the S&P Goldman Sachs Commodity Index (GSCI), energy was down 41 percent. However, there may be a silver lining t...

An armed gang masquerading as honest hard-working cattle ranchers retains control of a federal wildlife refuge in Oregon. One accomplishment of this privat...

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

While Argentine feed wheat is trading at $155 FOB, which makes it the world’s cheapest feed wheat/grain, most EU importers are not willing to purchase it b...

While 2015 ended with passage of a major budget and appropriations bill, the WOTUS rule and legislation regarding the mandatory labeling of GM  foods...

Early last week at the 2015 Provincial Economic Working Conference, provincial authorities announced resolutions to continue subsidizing local corn process...

As they begin planning for 2016, many producers are now thinking the big bull market might have been the worst thing to happen to production agriculture.20...

Rains across the dry areas in central and northeastern Brazil did materialize over the weekend with more in the forecasts. This precipitation coupled with...

The U.S. is asking the EU to join in opposing China’s elevation next year to “Market Economy Status,” which may make antidumping cases more difficult to up...

The new year will likely bring the publication of a proposed rule by USDA instituting a checkoff program for organic crop producers. The proposal is contro...

Markets on this last trading day of 2015 acted very much as they have for quite a while. Noncommercial traders are carrying large short positions in wheat...

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

Big crops along with growing grain and soybean stocks will continue to be the most important underlying fundamental factor for futures markets and cash mar...

More than a half-dozen companies have announced just this month their plans for procuring only cage-free eggs in the future. Overall, more than two dozen h...

While foodies are recounting their victories from 2015, including compelling an increasing number of major food vendors to pledge their future allegiance t...

Soybeans futures closed mostly about 4-5 cents higher in surprisingly active trade. Long grain/short soybean spreads were being unwound, which contributed...

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

Russian Agriculture Minister Aleksandr Tkachov indicated that the 104.3 MMT of grain harvested (in clean weight) covers the total 69.9 MMT required for dom...

While it has become common practice for exporters to fill all of their storage capacity with corn during December and January in preparation for March ship...

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

Egypt’s GASC has made a few important changes to its wheat purchase terms that impact the acceptable levels of ergot as the country also implemented tighte...

There are innumerable variations among commodity funds and how they are managed/ traded, but they share one very consistent characteristic.Trading by pools...

Corn prices were helped out of the red by a strong rally in wheat and the ability of soybeans to recover from a mid-session sinking spell. Besides being a...

Some studies suggest that Hershey's decision to no longer use sugar produced from sugar beets may end up causing more harm to the environment as a result...

Reports indicate some farmers are already abandoning soybeans in the drought-inflicted Brazilian states and have begun planting the fields to corn in hope...

The Chinese Ministry of Agriculture is projecting growth in meat output during 2016-20 and targeting “above scale” farms for this expansion. This signals a...

China proved to be a welcome addition to Washington State’s export portfolio this past fall. With carryover of the 2014 apple crop running into early Novem...

While Hershey’s has always used both cane sugar and beet sugar, it will shift to using 100 percent of the former because it is non-GM. The issue is that 10...

The feed wheat market in the Black Sea is under pressure in the absence of buying interest with the low pro Argentine wheat significantly more competitive...

Markets of nearly every type were lower in quiet holiday trading. Wheat tried to resist the downside pressure in corn and soybeans and was mostly successfu...

Economics, as a discipline, has been based on several assumptions over the years, and the evolution of Big Data and the “Internet of Things” (IoT) is rapid...

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

Companies have been arguing that trade negotiators must catch up to the fact that global supply chains have become critically important. Lightening Metapho...

While we still have a Christmas wish list, it no longer includes things like ice skates, a Lincoln Log set and a cowboy suit. Is our current wish list a be...

Although U.S. exports and unshipped sales of soybeans and soymeal continue to run behind the pace of a year ago, today’s USDA export sales report indicated...

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...

In a market environment like this, the price direction of least resistance is usually lower. Overnight trade seemed almost at a standstill with grain and s...

Major agricultural commodity prices will be mostly flat in 2016, according to USDA, but the agency predicts that food bought for consumption at home will i...

Soybean demand returned to Argentina last week. Six cargoes were traded FOB and CNF at levels of -9 SN FOB and 57 SN CNF, both for May/June shipment. Consi...

Corn futures contracts closed down three-quarters of a cent in very slow, quiet trade that moved corn prices within a narrow 3 cent range. The U.S. Energy...

Ukraine's domestic milling wheat prices grew slightly. Thus, traders’ raised their bids to $142-172/MT EXW in order to accumulate necessary stocks before t...

People should be judged on the quality of their character and not the color of their skin (ethnic/geographic origin), but apparently it is the opposite whe...

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

One of the thorniest issues involved in setting speculative position limits concerns the exemptions that commercial market users are able to receive for po...

Daily price action has become a technical affair with corn futures prices seemingly headed for a test of support near $3.63. Chicago March wheat has now fa...

While Congress was busying piecing together a fiscal policy deal on the budget and taxes, the Federal Reserve moved to raise interest rates for the first t...

The Blumberg Grain Command and Control Center has opened in Egypt and will be used to manage the government’s Shouna Development Project. It is said...

India’s Solvent Extractors Association (SEA) has once again urged the government of India (GOI) to raise the tariff on refined vegoil imports. It wants an...

USDA Secretary Tom Vilsack has reportedly invited both the food industry and anti-GMO advocates to a meeting on resolving the labeling issue. Given their i...

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

The super strong El Nino continues to be in the news on almost a daily basis. It is also starting to receive some press in agricultural markets as its impa...

The EU allocated 1.1 MMT of wheat export licenses last week, bringing the cumulated total to 11.4 MMT versus 13.6 MMT at the same time last year. The weekl...

Technically,  it is cotton lint that is no longer eligible for certain crop support programs, and cottonseed could qualify as an oilseed. Thus, the Na...

The ministerial declaration emanating from the WTO’s meeting in Nairobi this past weekend is hailed by some as “historic” and by others as a disappointment...

Wheat couldn’t find any friends today and was the weakest link in the agricultural markets. Like corn, Chicago wheat futures are mired in a technical tradi...

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

China’s domestic soymeal inventories decreased last week to 1.32 MMT, down 150,000 MT or 10.2 percent from the previous week, largely because of two factor...

India imported 1.337 MMT of vegetable oil in November 2015 versus 1.189 MMT during the same month a year ago, which has pulled prices down. While this may...

Yesterday’s trade was a key technical reversal in the soybean market, and that brought more follow-through buying today. Wheat chased the soybean rally, wh...

While it is difficult to assess the impact of weather on Brazil's overall crop production at this point in time, it is safe to say that it will be difficul...

The major farmers and food makers in America lose when any biotechnology product approved through the regulatory process is disparaged. Meaningless Food W...

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

The simple fact is that annual production and thus the annual renewability of grain and oilseed supplies allows for a quick production response to high pri...

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

USDA’s December WASDE report (released last week) indicates a slight reduction in broiler and beef production for 2015 and 2016, while it shows pork produc...

As a result of equivalency agreements, Edward Jaenicke of Penn State University found that U.S. organic food exports have increased 58 percent over the pas...

In its decision to ban the development of biotech eggplants, the Supreme Court of the Philippines also struck down a 2002 government regulation that allowe...

The soybean market staged a late session rally that caught the market by surprise. Its sudden reversal was strong enough to pull corn along with it and eve...

Lawmakers reached a deal early this morning on the omnibus spending bill and the tax extender package. There are a number of provisions in both that signif...

The Russian Ministry of Agriculture’s first forecast for the 2016 grain harvest estimated it at 104 MMT. However, market experts are not as optimistic with...

People in the conventional food business are smiling as Chipotle Mexican Grill Inc. walks back from its pledge to use “local” ingredients at it...

As FOB basis continued dropping last week, a cargo of Argentine soybeans was traded by the end of the week at levels of -2 SN for full May shipment. Today...

Grain and soy prices traded slightly firmer overnight, but they faded to red early in the day session and stayed that way through the close. Some of the we...

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

The omnibus budget bill has still not been released, although it was expected to be this afternoon. Received reports indicate that a large number of the am...

The World Health Organization (WHO) produced its first ever estimate of food-borne illnesses. While there are worse places in the world, the U.S. is a prim...

With the stronger U.S. dollar, weaker soybeans and corn plus the absence of any supportive news or inputs, today’s stronger wheat market seems hard to rati...

Because of low cotton lint prices, the U.S. cotton industry is asking USDA to make cottonseed eligible for the Agricultural Risk Coverage (ARC) and Price L...

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

Pakistan reportedly has a large surplus of wheat that will rise considerably after the next harvest. If the government does adjust the export price, which...

It is mid-December, a time when grain, soy and other commodity markets are anticipated to slow down with the Christmas holiday looming in 10 days. However,...

The markets started the week mixed in the Sunday evening session, but corn, wheat and soybean futures traded higher through most of today. There was none o...

The Paris agreement on greenhouse gas reductions is at once a marvel and a façade. It reveals the extraordinary difficulty of getting a Conference of Parti...

Indications from Capitol Hill suggest that the package could be released tomorrow, 15 December. House Speaker Paul Ryan says he remains committed to allowi...

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

Last week’s domestic corn prices averaged RMB 2,050/MT ($318.50/MT), a slight decline from the previous week. Local traders indicated a similar drop in the...

USDA released its preliminary 10-year baseline projections last Friday without much narrative. Like the weekly crop condition reports during the growing se...

The Black Sea market for milling wheat remained about unchanged last week without any major trades reported. While the price in rubles is attractive to Rus...

Word is that USDA is considering allowing cotton farmers access to not just the subsidy program the industry demanded as their key support in the 2014 Farm...

Lower corn production in India led to higher prices for end users in early October 2015, forcing starch plants to reduce capacity with poultry operators pl...

Not one of the 12 regular appropriations bills for FY 2016 needed to be passed by 1 October 2015 under regular order was finalized. In fact, this has been...

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

Markets were choppy overnight with corn and wheat slightly lower as soybean futures traded 3-4  higher on light volume. That pattern changed at this m...

El Nino has become a popular topic of conversation these days, although it probably never made the news during the 1997-98 event.Paul Douglas, a nationally...

While the WTO approved $1 billion in retaliatory tariffs over the U.S. country-of-origin labeling (COOL) law, which will be imposed by Canada and Mexico as...

Amidst a great deal of cynicism and doubt, the U.S. Congress is on a path toward several accomplishments before departing late next week for the holidays.A...

CARIBO, the organization representing Argentina’s biodiesel producers, indicated it is seeking to prevent the U.S. Congress from converting the current bio...

After a listless overnight session, grain and soy futures prices began to work higher as the day session developed. The only things new were the weekly exp...

The definition of abundance forms the most significant common thread in USDA’s December WASDE as it projects large amounts of everything in its supply/dema...

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

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

There were few developments in either the FOB or FAS grain markets early this week in Argentina due to national holidays there. Local premiums did not even...

The December WASDE is market neutral, and the corn and soy markets apparently came to the same conclusion. Wheat futures have been more impressed by today’...

322,200 MT of grains were exported from Ukrainian seaports during 30 November-6 December. This included 109,300 MT of wheat and 212,900 MT of corn. The lar...

The Center for Science in the Public Interest looked at data from the Centers for Disease Control and concluded that fresh produce is the cause of most foo...

Today’s market was a low volume affair during which it seemed corn and wheat prices hardly moved. The soy complex is where the action, or what passes for a...

All Congress had to do was pass the omnibus spending bill before 11 December, the date when the current short-term continuing resolution expires. Each cham...

Argentina’s incoming finance minister told the newspaper La Nation that the government wants to unify the nation’s exchange rate beginning 14 December. The...

Jordan’s grain import rules are said to be having a very serious effect on business there as can be seen by the lack of bidders in recent tenders and...

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

The years-long effort to achieve a final outcome in the country-of-origin labeling (COOL) case by Canada and Mexico against the U.S. is one more example of...

Some of the news headlines during the next week or two just might provide some of inputs for agricultural markets that  have been missing during the l...

Technology, Finance, Geopolitics and Demographics The big four dynamics of technology, finance, geopolitics and demographics will collide to make 2016 very...

After weeks of steady increases, China’s nationwide estimated soymeal inventory declined slightly last week to 1.35 MMT from 1.39 MMT the week before as fa...

Markets started the week mixed in the overnight session. That tone changed significantly when markets opened at 8:30 a.m. today, and it didn’t take long fo...

The WTO today ruled that Canada and Mexico are authorized to impose more than $1 billion in retaliatory tariffs on products shipped from the United States...

The climate change conference in Paris is generating some of the ridiculous along with the rational, evidenced by a Global Justice Now statement claiming t...

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

While USDA will make some changes to world production numbers, It is interesting to note where the ending supplies of the three major crops are located.USD...

Bulgarian feed wheat was competitive against Ukrainian last week when the EUR/USD was below 1.06. With that rate close to 1.085 today, however, the Bulgari...

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

Wheat, corn and soybean futures all started higher this morning. Funds are holding significant short positions in all three, while yesterday’s rally in the...

India's pulses crisis is expected to escalate as the new crop will only arrive at the market in April/May 2016, and the government will need to import addi...

The U.S. is refusing to concede any significant reforms to its agricultural export credit and food aid programs as part of the revisions to export measures...

Statistics Canada released its final 2015 crop production estimates today, although these numbers are still subject to revisions for the next two years. Th...

New Canadian Prime Minister Justin Trudeau has issued ministerial mandate letters to his cabinet as one of the first issues confronting the new agriculture...

Commodity markets jolted higher today, not because of any tightening of supply and demand but due to the technical reaction to Europe failing to meet finan...

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

One of the main reasons the ruling power in Venezuela is likely to lose this Sunday's election is the nation’s acute lack of foreign exchange to purchase i...

Many of the new regulations stemming from the Dodd-Frank bill apply to derivative markets and their participants. Unintended consequences abound, but there...

The FDA has concluded that meat from clones and clone progeny is as safe as that from conventionally-bred animals. Now there is news from China indicating...

The corn and soy markets were buoyed by the sharply falling U.S. dollar and fund buying, but much less so than wheat. Soymeal and oil were also slightly fi...

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

The overnight session saw shrinking volume, lower prices for the grains and a stronger soy complex amid less-than-satisfactory weather forecasts for west/c...

While Brazilian beans are offered at +144 SH for February, U.S. beans are traded in the low 130s SF for January and could be around 135-140 SH for February...

Most grain exporters in Russia  have stopped signing new contracts with Turkey, fearing introduction of a ban because of the current conflict between...

USDA Secretary Tom Vilsack called a spade a spade in Brussels this week when he said that there will be no Transatlantic Trade and Investment Partnership (...

With the elimination of the export taxes and quantitative restrictions on corn, wheat and sunseed, the incentive to farmers will change substantially. Beca...

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

To keep track of developing trends in the world trade of futures and options contracts, which now also include cleared swaps, the Futures Industry Associat...

Soybeans and soymeal held their higher prices together during the day session, but the corn market struggled to maintain green numbers. The wheat market ga...

Jordan continued to issue, cancel and reissue its wheat and barley tenders due to a lack of participation by international sellers. It is seeing some tende...

The Coordinated Framework for the Regulation of Biotechnology has not been updated in 23 years, and the Obama administration is collecting public input on...

The City of Lights is glowing green this week, but environmentalists are charging that corporate sponsors of the UN conference on global climate change in...

Probably the most significant news from today's announcement is that the EPA has recalculated its assessment of carryover Renewable Identification Numbers...

China's average domestic corn price continued to see gains last week. Looking ahead, prices for corn byproducts should  trend upward as demand for bot...

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

Overnight markets were sharply steady to start this week. A rally developed with today’s openings, however, led by the soy complex with corn and wheat foll...

There was an announcement over the weekend regarding Argentina's agricultural product export taxes as well as new information out of India about the status...

The Black Sea milling wheat market is lower due to the strength of the U.S. dollar and slow demand. Russian origin is facing more competition from France,...

There are a number of crops from Brazil to India that are being negatively impacted by weather events, which could have implications for planting decisions...

U.S. domestic catfish producers hope that USDA's final rule implementing a more robust inspection program for fish will find the imported variety to be as...

USDA is now predicting beef prices will increase 6.5-7.5 percent in 2015 and another 1.5-2.5 percent in 2016, while poultry and egg prices are also forecas...

The corn arrivals at  India's major production centers have been slow as this kharif season’s crop is expected to be much smaller than last year. Ther...

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

This week's corn export sales, which were well above expectations for the second week in a row, had no impact on today’s trade. Prices were lower in light...

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

According to Rusagrotrans, 1.52 MMT of grain will be shipped from Russian seaports during November, a drop from the 1.7 MMT previously forecast and less th...

Before the day session opened this morning, USDA announced a sale of 190,000 MT of soybeans to unknown for 2015/16. Although it is not necessarily due to c...

With Argentina's presidential election now concluded, farmers may increase their corn planting intentions even further. Argentine corn seems to be the chea...

The U.S. Food and Drug Administration (FDA) announced a new effort to reduce foodborne illnesses by collecting a larger number of food samples in an effort...

Grain contracts basically transitioned into horizontal trading patterns prior to the release of the November WASDE on expectation of a larger harvest. Such...

Egypt is the world’s second-largest producer of tilapia, producing 1.3 MMT today with expectations that the total will reach 2 MMT by 2020. This grow...

There have been several rumors floating around in Argentina that President-elect Mauricio Macri would suspend the collection of export taxes on soybeans fo...

Turkey’s downing of a Russian fighter jet has added another element to the complex Syrian-Middle Eastern conflict with possible ramifications for commodity...

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

USDA raised its national average soybean yield for 2015/16 to 48.3 bushels/acre and estimated U.S. soybean production to 3.981 billion bushels, both new re...

The end goal of the conference is to forge a new international agreement on climate change that would keep global warming below 2 degrees centigrade by the...

China made several broad commitments to the U.S. at the recent bilateral meeting of the Joint Commission on Commerce and Trade. However, USDA Secretary Vil...

With farmers in Bulgaria and Romania selling part of their wheat stocks, Bulgarian 11.5 protein milling wheat is trading at a slight discount to the Ukrain...

The big three (the U.S., EU and Japan) are opposing a continuation of the Doha round on the basis that the negotiations have gone nowhere for 14 years. Mea...

Markets started steady to lower overnight and were decidedly lower by the time the night session closed. The election of the pro-business/agriculture candi...

The weekend election in Argentina yielded the results that most people involved in agriculture wanted, and there seems little doubt that the current export...

The big three (the U.S., EU and Japan) are opposing a continuation of the Doha round on the basis that the negotiations have gone nowhere for 14 years. Mea...

Last week's soymeal inventories in China surged to a 12.8 percent gain over the previous week. After remaining well below 2014 figures for months, they wer...

With the 30 November deadline looming for the U.S. EPA's decision on required volume obligations and the Fed's upcoming December meeting where an interest...

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

For years, Europe has considered America’s food to be of poor quality or even dangerous. While its politicians helped characterize it all as radioactive, r...

U.S. farmland values quadrupled over the last decade as record-high prices, good crop production and a generous crop insurance program created a big demand...

Argentina could be a wildcard on the corn export market, provided that crop gets sown, if the leading presidential candidate wins and fulfills his promises...

The government of India (GOI) has finally taken steps to help cane growers and the sugar industry at large. However, some trade experts argue that the plan...

Grain and oilseed markets finished the week without a whimper. Trading ranges were relatively small, and volume was light. Meanwhile, U.S. corn export pric...

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

Given farmers' current financial concerns, the bet by Farmland Partners, a real estate investment trust that continues to expand its portfolio of farmland...

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

Analysts with a longer-term view of the markets are starting to put together budget worksheets for 2016 crops. The winter farm meeting season is about to e...

Just to add a level of intrigue and excitement to the GMO labeling debate, the U.S. Food and Drug Administration (FDA) today has approved the first GM anim...

While today’s USDA export sales report showed exporters had good success selling U.S. soy last week, it also indicates that sales and exports of soymeal to...

The story in today’s markets was there was some fund short covering as a result of one of the best weekly USDA export sales reports of this marketing year...

Argentina's old crop wheat is already sold, and there has been no movement in the past few months. In terms of the new crop, Brazilian millers are saying t...

Corn futures resisted the downdraft in wheat and soybean futures, trading slightly lower much of the day. However, markets did stage a minor recovery in th...

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

Prices on the Russian grain market changed insignificantly 9-13 November 2015, while average wheat prices were steady. However, prices expressed in USD dec...

A WTO arbitration panel is expected to rule on 7 December regarding the amount of retaliation that Canada and Mexico can impose on the U.S. as a result of...

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

Tomorrow the Federal Reserve will release the minutes of its Federal Open Market Committee (FMOC) meeting of 27-28 October. These are expected to be a prol...

Environmentalists complain that the TPP rolls back requirements by some multilateral environmental agreements (MEAs) and want stronger provisions on climat...

Argentina may have lost biodiesel exports to African countries, but it clearly has been able to boost those to the U.S. as the volume has substantially inc...

The corn futures market may not have been a tower of strength today, but the December contract did close up 2 cents and within a half-cent of the day’s hig...

Combined with the carry in stocks and modest imports, the total amount of U.S. corn supplies for 2015/16 is nearly as much as last year and the second-larg...

Egypt is reported to be making great effort to induce local wheat farmers to use high-yielding, quality seed stock produced by the government’s Centr...

China Customs data indicates soybean imports during October totaled 5.53 MMT, 6.3 percent higher than the previous forecast of 5.2 MMT announced in Septemb...

EU wheat has to find more export demand urgently, which means that  French, German and Baltic stocks must become more competitive against those of Rus...

The world was anxious about how all markets would respond to the attacks in Paris, but the action was actually relatively calm. Grain and oilseed markets w...

There is no denying that global stocks have been building over the last two marketing years. However, today’s record-large supplies are only half of the st...

Last week, Senators Jeff Flake (R-Arizona) and Jean Shaheen (D-New Hampshire) introduced legislation that called for the budget agreement's 8.9 percent cap...

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

The WTO Ministerial next month in Nairobi may be seeing a policy breakthrough, or not. Brazil and the EU have teamed up to try and break the logjam on the...

The current market situation begs the question: How will farmers generate cash while they wait in hope for a price rally?Prices are low (depending on your...

The weekly USDA export sales report (delayed a day because of the holiday Wednesday) showed better than expected soybean sales with wheat and corn sales in...

Both sides of the ethanol debate are hitting the airwaves trying to influence the outcome of the EPA’s decision regarding a proposed reduction in the...

The challenge to Europe and the U.S. in the TTIP negotiations is not how to handle tariffs, but how to manage value-based differences involving roughly two...

The Indian poultry sector needs to gear up and add value to the chicken it produces if it wants to survive the current crisis of high input costs and low o...

Today's grain, oilseed, cattle and hog prices.Please note: Due to the Veterans Day holiday on Wednesday, 11 November 2015, updated CFTC Commitment of Trade...

It has become hard to find things to comment about regarding grain and soy futures markets these days. There has been no news except for the November WADSE...

For centuries, the solution to prevent food spoilage and loss has involved processes such as thermal, chemical, atmospheric, etc. Now consumers are demandi...

There is no question the Chinese government wants to reduce the country’s huge corn stocks and to cut the costs of its corn subsidy program; If China...

The USDA’s monthly World Agricultural Supply and Demand Estimates (WASDE) report was released on Tuesday of this week and shows offsetting changes in the r...

Today's grain, oilseed, cattle and hog prices.Please note: due to the Veterans Day Holiday on 11 November, 2015, USDA will release the updated Export Sales...

At this point it is hard to see grain and soy markets staging a major rally barring a South American weather problem. Unless adverse weather intervenes in...

Argentine wheat production has been gradually dropping every year over the past decade due to the government’s intervention in the wheat market. By limitin...

Grain and soy futures prices fell yesterday after USDA’s bearish production and supply/demand estimates. Several new contract lows were set. General Commen...

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

The present seems to be the time that end-users are being offered a favorable purchasing opportunity by a larger than expected U.S. crop, fund selling, and...

Grain and soy futures prices fell yesterday after USDA’s bearish production and supply/demand estimates. Several new contract lows were set. General Commen...

Warm weather and rains in some regions of Ukraine during the first week of November produced favorable effects on winter crop development in a number of re...

Some on the political right in the U.S. have joined their ideological opposites on the left by taking decidedly “anti-American” positions on trade policy...

Greenpeace's latest report on biotechnology may be welcomed by those already inclined against biotech but it will be scoffed at by those already using it...

Today’s WASDE let some air out of grain and soy markets, at least in the short term, with December Corn trading through the low end of its recent trading r...

South Africa is expected to have to import about 800,000 MT of maize this crop year to cover a drought-induced shortage. These are the first significant ma...

We cannot call the November WASDE a major surprise because the direction of most major changes was well anticipated, if not their scope; today’s futures ma...

It is amazing that in what many believed to be a very challenging crop year the U.S. national average soybean yield was a record high.  USDA Reports I...

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

In a recent House Committee on Agriculture hearing covering National Security and Agriculture, key witness Ambassador John Negroponte touched upon som...

Corn struggled with the weakness in wheat today and amid expectations that USDA might increase corn ending supplies in tomorrow’s reports; corn export insp...

There is currently little incentive – other than the RFS mandate – to blend more ethanol if the price increases or the price of gasoline decreases in the c...

The weather in Bulgaria and Romania is generally favorable for winter wheat development, as well as for harvesting the remaining 10 percent of the corn cro...

Some analysts are projecting that Chinese soybean meal inventories will trend upward as feed mills take a wait-and-see approach and soybean imports into th...

Most analysts don’t expect many surprises in tomorrow’s USDA November reports; in fact, if you just go by the “average” of the trade guesses there is littl...

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

Before the rabi planting season begins, the government of India (GOI) has announced the Minimum Support Prices (MSP) for the crops that are grown such as w...

The Trans-Pacific Partnership (TPP) agreement is being sold as a bulwark against China and its supposed lopsided way of doing business. However, that count...

Soybean futures stabilized today after yesterday’s significant break. There is a threat of a trucker’s strike in Brazil next week, which might have slowed...

There was an excellent panelist discussion that included a person in the coffee industry, one in the cocoa/chocolate industry, a finance officer for a majo...

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

The first surprise involved reauthorization of the Export-Import Bank, but there were also several others related to the highway bill's funding.Two big vic...

From any fundamental viewpoint, the current supply/demand outlook for U.S. wheat is quite bearish. The most important reason why, in our opinion, is the po...

Reasons to give TPP the Bronze Bronze is very durable, but it is an alloy rather than a pure metal like gold or silver. The TPP is a bronze standard agreem...

France’s National Association of Food Industries (ANIA) has reportedly asked the public's opinion about what they want from food processors and retailers...

The text of the Trans-Pacific Partnership (TPP) agreement was released to commodity groups today along with a slew of promotion materials from USDA and the...

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

Given the lack of anything else to trade on, grain and soy futures markets were mostly about weekly export sales numbers. Those numbers were disappointing,...

The final U.S. soy export data for 2014/15 was released yesterday, which indicated a notable increase from the previous marketing year. However, the change...

Historically, it has been the petroleum industry griping about ethanol, but now some supporters of advanced biofuels contend that the conventional part of...

The overnight futures session produced slightly lower prices for wheat and corn but slightly higher prices for soybeans. The grains were under pressure fro...

Cash basis could rebound in South American soybean markets if threatening weather develops and that stimulates world end users to purchase beyond the spot...

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

Because of the lack of rains, the condition of Russia’s winter crops worsened. Thus, the volume in weak condition grew to 25 percent compared with 16 perce...

Brazil's ABIOVE today raised its forecast for the country's 2016 soybean crop from 97.8 MMT to 98.6 MMT. That is less than the forecasts of USDA and the Br...

U.S. wheat futures seemingly trade in a world of their own. Yesterday Chicago wheat lost 14 cents or so, and today it regained 8 cents or more. Why did tho...

The House Science Space and Technology Committee’s Oversight and Environment subcommittees today held a hearing to review the cost and benefits of the Rene...

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

Turkey reports that this year’s wheat production will be a record 23 MMT, but imports will continue. This is because quite a bit of the crop is of lo...

The futures market’s choppy price action within relatively narrow price bands for the last several weeks is a sign that it is searching for price direction...

The Australian government has produced a paper that details a plan for ensuring the success of that nation’s farmers in the years to come. It stresses the...

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

The U.S. Senate now has two proposals with different approaches that would stop the rule promulgated by the U.S. EPA and the Army Corps of Engineers known...

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...

The “Physicians Committee for Responsible Medicine” (PCRM) filed a petition with USDA that calls for an end to the distribution of processed meats through...

The EU's 2015/16 wheat ending stocks could reach a record 20 MMT compared with  2014/15's 13.5 MMT. The balance sheet suggests that the EU should use...

The national and state government policies of subsidizing deep corn processors that purchase domestic stocks helped drive up the utilization rates of that...

Technically speaking, there is nothing in the chart patterns of soybeans, soyoil or soymeal that would stop a limited selloff from occurring. The best thin...

Wheat futures were firm again today and are once more pushing toward the top end of the recent range in Chicago December futures. That contract tested $5.0...

It was an interesting week in the markets for several reasons that ranged from  U.S. harvest-related developments to a policy change abroad and an une...

Government officials at this week’s ninth ministerial level meeting of the India – U.S. Trade Policy Forum agreed to continue talking, but independent Indi...

India's spot corn price has stabilized over the past few days in most markets, but  today's average price was still lower than on 1 October. Meanwhile...

Largely through the bipartisan efforts of the House and Senate Ag Committees' leadership, crop insurance cuts in the two-year budget agreement will be spar...

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

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

Brazil’s government has approved the sale and use of higher biodiesel blends in order to address air pollution problems in big cities as well as concerns o...

Canadian pork producers are setting an agenda and expectations for the new Liberal Party government to be convened by Justin Trudeau, and trade is the key...

Overnight price action for grain and soy futures contracts was mixed with most trading both sides in a modest way. Volume was not impressive. The day sessi...

China’s relaxation of its one-child policy has some speculating about future food demand impacts. However, there are several mitigating factors. Data Smorg...

Part of China’s October buying burst can be attributed to compensating for the slow pace of its new crop 2015/16 soybeans purchases during prior months. No...

Russian Deputy Minister of Agriculture Sergey Levin noted in a speech today that the ministry may reconsider the size of the wheat export duty or cancel it...

Japan agreed to a side letter with the U.S. under the Trans-Pacific Partnership (TPP) that defines the way in which it will manage a tariff-rate quota (tra...

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

It is entirely possible that  Argentina's peso could decline 25 percent from the current official exchange rate by the end of 2015. If so, that countr...

Grain, soybean and soymeal prices weakened in moderate overnight trading, and that carried over to the day session. In the absence of fresh inputs to direc...

The Indonesian government's director general of food crops indicates that imposition of a 10 percent tariff on soybeans is being considered as a way to enc...

As it is Tuesday, grain and soy futures markets moved in opposite directions from Monday’s price action. Grain prices weakened, while soybeans gained back...

Iran is intending to export about 400,000 MT of domestic wheat as local supplies are sufficient to meet demand. The government’s stockpile is reporte...

Last night the White House and congressional leadership came to terms on a budget agreement regarding a continuing resolution (CR) through the end of FY 20...

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

We are not sure that history will single out October 2015 as being particularly notable, but it has been a very interesting month from the perspective of a...

Supporters have managed to outmaneuver opponents and get reauthorization of the Export-Import Bank back on track in the U.S. Congress.  Indonesian Dr...

The World Health Organization’s International Agency for Research on Cancer (IARC) strikes again, this time concluding that processed meat is carcinogenic...

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

Although the estimated average utilization rate of the major soybean processors is trending upward, China’s soymeal inventories continue to fall as feed de...

Congress has a number of critical issues that it must address by the end of this year. Add to that the pressing problems in Puerto Rico, which is facing sh...

Markets started this week on a more interesting and volatile note, led by wheat (of all things). Last Friday’s Commitment of Traders (COT) report showed th...

The spread between feed wheat and corn in the EU has narrowed significantly during the last few days, mainly due to the sharp rally of the USD versus the e...

There have been a number of factors that will contribute to a slightly better bottom line than expected, regardless of the fact that futures markets haven’...

Officials at the Brazilian port of Paranagua indicate 460,000 MT of soybeans were exported from there in September, up from only 136,000 MT during the same...

Today was the last trading day for options on the November soybean contract. It staged a mini-rally in the last minutes of trade and made a run at $9.00 be...

The least developed countries (LDCs) are demanding an indefinite (read permanent) exemption from having to honor any intellectual property rights to pharma...

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

Fear of imports and the inability to sell the stocks purchased by Food Corporation of India (FCI) led GOI to announce another 10 percent increase in the wh...

Most would argue that a drought is the result of little or no rainfall, not exports of agricultural products to China or anywhere else on earth.CNBC carrie...

All the candidates agree that the fixed exchange rate must change eventually. Likewise, there is at least implicit recognition that the strongest sector of...

There are a number of individuals finding a variety of things to criticize about the way food is produced, distributed and consumed. There is also another...

This week’s grain and soy futures price rally continued during the overnight session in a somewhat muted fashion and with much lower trading volume than th...

The U.S. dairy industry has substantially increased its exports since 2000. Moreover, global dairy demand is growing. Yet, dairy remains one of the commodi...

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

U.S. Agriculture Secretary Tom Vilsack says he plans to create a commission on farmland ownership in 2016. He classified the issue of who owns farmland as...

Competition has intensified for South American soybean exports as the recent 20-cent collapse in basis at the U.S. Gulf has brought U.S. production back in...

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