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

While those countries most impacted by the Porcine Epidemic Diarrhea virus (PEDv) are seeing record-high pork prices, others are experiencing a much more b...

As the growing season has progressed, discussions about potential yields and crop sizes have come to dominate markets. However, it may turn out to be a mem...

While many in the Indian soybean industry have hopes the country's crop yields and planted area will rise in the future, the prevailing view is that it wil...

Antagonists on both sides of the Atlantic have complained about a lack of transparency in the TTIP negotiations. Now a recently leaked copy of the EU's dra...

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

The increased trading activity overnight carried over into the day session, especially in the soy complex. However, the enthusiasm over higher prices dimme...

Brussels continues to rebut U.S. complaints about its biotech approval system, but not a single approval has occurred this year despite repeated safety cle...

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

The Russian Ministry of Agriculture announced that 1.007 MMT of grain were exported as of 16 July 2014 and from the beginning of MY 2014/15 as Ukraine expo...

South American producers have more problems and less financial support than their North American counterparts, and such difficulties could easily transitio...

Markets have been greatly oversold, as we have observed before, and were due for a bounce. So when the soy complex began to exert a little upward muscle, c...

Yesterday afternoon's weekly crop condition report set the tone for today's corn market. The 76 percent good/excellent rating so late in July along with 56...

In light of recent large fines levied by the U.S. government on financial institutions for avoiding strict Sudanese trade sanctions, many banks and trading...

Wheat is still considered politically significant, especially in certain countries where it is the principal agricultural crop or a principal food. If worl...

China's soymeal exports rose to 301,731 MT in June, a 128 percent increase over a year ago. The sharp rise has been driven primarily by a shortage of India...

India commercially exports rice, soymeal and wheat, invests in a space program and has now committed billions to a BRICS bank. All the while, it claims pov...

The 2011 and 2014 budget deals and the 2013 sequester have made a significant difference in total federal spending, mostly in the discretionary area, but h...

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

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

The implication going forward is that corn acres are in jeopardy for the 2015 crop year under the current market price structure. Soybeans have had a signi...

Those on the U.S. agriculture side express disappointment that Brussels is still pushing geographic indicators in TTIP discussions, while bringing nothing...

It is worthwhile noting that index funds are reportedly still holding about 300,000 long corn contracts. Corn condition ratings were unchanged in today's r...

The weather remained unstable in Romania and Bulgaria last week, impacting the harvest. Exporters in Bulgaria are only offering feed wheat at the moment as...

To date, the one EPA action that has triggered a complaint by the National Farmers Union (NFU) is the setting of the 2014 biofuels volumes, which its lette...

The latest USDA 30 June Acreage Report helped push down soybean futures significantly. As a result, Chinese soybean trading companies and crushers were hit...

It is Republicans who would be on the defensive in November if they are blocking a TPP agreement that has strong support from the business community. Laugh...

While India has been challenged over its recently enacted Food Security Act that is viewed by developed nations as a violation of the WTO Bali agreement, s...

The purpose of the rule was to help state and tribal governments better review and comment on the notifications and permit applications received by APHIS a...

Soybean futures turned higher at the opening bell this morning on more USDA soybean sales announcements. Wheat futures turned sharply lower, which pulled c...

Extended forecasts released yesterday continue to point toward cooler than normal temperatures for most of the Corn Belt. This means the soy complex could...

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

Germany's biofuel industry association today said a new greenhouse gas reduction scheme passed yesterday is likely to result in reduced biofuel consumption...

Corn futures closed fractionally higher in consolidating trade on both sides of yesterday's closes. The Malaysian plane disaster lit up the market, briefly...

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

The strategy of buying a futures contract in a nearby time frame, then selling it just before that contract expires and replacing it by purchasing a more d...

Given that the EU has refused to adopt science-based SPS measures and Trade Commissioner Karel De Gucht has just promised the European Parliament that bord...

USDA's Food Safety and Inspection Service (FSIS) has proposed new regulations to provide more information on the beef that is used for grinding, which woul...

Wheat reluctantly followed corn higher overnight, but Chicago and KC contracts gave it all back by the end of the day session and closed mixed. MGE spring...

Harvesting is difficult in the eastern regions of Ukraine where the anti-terrorist operation is in progress, and some areas in Luhanska and Donetska oblast...

An interesting development is occurring in Brazil with the Paranagua paper market, which is normally used as a hedge and reference for farmers, traders and...

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

USDA's Economic Research Service looked at mandatory and discretionary SPS measures for imported fruits and vegetables versus actual trade flows and conclu...

Europe's wine industry is in a dispute with the internet domain body called ICANN. The industry fears that new domain categories called .wine and .vin coul...

Argentina's biodiesel exports fell sharply in 2013 as a result of the anti-dumping duties imposed by the EU. In response, the Argentine government initiate...

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

After being down as much as 16 cents, new crop November soybeans fought their way back to close unchanged. They even traded in green numbers briefly. Their...

We expect that estimated U.S. corn production will rise close to 14 billion bushels and, moreover, that favorable conditions for other important corn-growi...

Iraqi grain traders advise that it has become impossible for Syria to deliver the wheat to Iraq that was arranged in June 2013 as truckers are not able to...

USDA's latest WASDE report puts the new Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) programs more in play with news of good crop conditio...

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

Wheat and soybean futures were showing double-digit gains most of the day, while corn trailed far behind with 3-4 cent gains. U.S. financial markets were v...

China's Ministry of Agriculture (MOA) issued a policy document aimed at reducing food loss during grain production. One of the notable reasons behind this...

Starting tomorrow, the EU will introduce an import levy on corn that is based on the last 10 day-average price of U.S. corn to Rotterdam versus the EU's ma...

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

Kansas has announced that it will oversee the breeding of  Lesser Prairie Chickens (LPCs) for release into habitat. Although the concept in relation t...

Farmers have used the bonus depreciation allowance aggressively for several consecutive years to buy new equipment and build new farm facilities to reduce...

Congress made a number of major changes to crop support programs, and farmers will be faced with some decision-making regarding new coverage options. It is...

As expected, today's release of the July WASDE added to the overall bearish tone to the market that has persisted since USDA's quarterly stocks reports and...

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

USDA did not raise the corn or soybean yields in the July WASDE, and most analysts believe that will occur in August. Increased yields, of course, will mea...

Some trade policy analysts are convinced that politics will prevent any progress on trade agreements this year. Yet the Trans-Pacific Partnership (TPP) neg...

India's 2014/15 budget attempts to target economic growth at 7–8 percent over a three-four year period after less than 5 percent growth for the past two ye...

Broiler production expansion has been somewhat lagging in the past two years for several reasons, and now the major breeding stock provider Aviagen Group h...

It is the costs of food and energy that affect consumers first and impact them most, especially those with lower incomes, and those prices are on the rise...

China's Broad Developments China is spending money on agriculture and trading futures, but self-sufficiency remains an unlikely outcome. China Pork Revolut...

Coca Cola and Pepsi have announced they will remove brominated vegetable oil (BVO) from many of their popular soft drinks, but not because the FDA has foun...

Trade Facilitation (TF), the WTO concept agreed to at Bali last year for reducing and making transparent the transactional costs that governments impose on...

USDA will release its July WASDE numbers at 12 PM (EDT) tomorrow. That also gave us some choppy trade today, but volume was very good in corn and soybeans...

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

Approximately 63 MMT of grain may be harvested in Ukraine for MY 2014/15, which would be one of the largest in the country's history.  Grain and port...

Recent declines in CBOT futures prices extend out through 2015 and are making South American producers nervous about the future margins that they can expec...

For the industry and services sectors, agriculture has always been a thorn when it comes to trade negotiations. That remains the case, but a heartening app...

Grain and soy futures prices continued to leak lower, although at a somewhat less frenetic pace. Some non-commercials appear to be putting on short positio...

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

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

While Turkey's demand for both soybeans and soymeal is rising due to expansion in the poultry and livestock sector, it can only be met by increasing import...

As a result of insufficient rainfall in key growing areas, India's soybean plantings as of 4 July are reported to be about 90 percent less than the 4.3 mil...

A number of economic reports for June were released last Thursday, and the news is now full of debate about whether these new statistical indicators are go...

Ever since USDA began providing this year's first weekly crop condition reports up to the present, the conditions reported for corn and soybeans have spark...

The U.S. originally opposed a dispute settlement mechanism in the Trans-Pacific Partnership (TPP) agreement on issues surrounding Sanitary and Phytosanitar...

The selling pace in the corn market has slowed as the December contract gradually slips towards the $4.00 level. Friday's corn supply and demand should not...

Nigerian  Minister of Agriculture Akinwumi Adesina went to great lengths to assure the public that biotechnology was not being used in Nigerian agricu...

The traditional speculative trading funds are now holding a major short position in wheat (near a record) and have exited their long positions in corn and...

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

China's rejection of U.S. DDGS has resulted in those cargoes being resold to its neighbors,  which are also the major export destination markets for i...

Potential impacts of climate change that do not consider agricultural adaptation are of limited use and insight. This is a long-term trend, so anticipating...

Excluding the liquidating July contracts, today's highs for soybean and corn futures contracts never came close to last Thursday's closes. Despite the mark...

The combined Argentine and Brazilian biodiesel production is forecast to  rise by 1 MMT in 2014, driven by Brazil's increase in the mandatory biodiese...

The COOL Reform Coalition, representing a diverse group of businesses, has sent a letter to Congress urging USDA to abandon its implementing rule for the l...

The first thing catching our attention is that while the U.S. 2014 soybean plantings rose more than 8 million acres higher than last year and the new 2014...

U.S. aggies have shared tough talk with European officials about their expectations for the Transatlantic Trade and Investment Partnership (TTIP), and EU A...

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

Today's holiday-shortened session again featured, if that is the right word, lower corn and soybean prices. The 4th of July holiday is typically the point...

The Obama administration has consistently shown its belief in the efficacy of biotechnology, and its next step should be preparing the legal briefs for a W...

On 1 July, the European Commission Standing Committee on the Food Chain and Animal Health approved cancellation of the current restrictions on imports of U...

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

The bearish result of USDA's data on Monday is causing adjustments to occur in South American pricing of corn and soybeans. Increasing the complexity of th...

Soybean futures continued to slump lower in the aftermath of USDA's estimate of 84.8 million soybean acres, visions of a 3.8 or 3.9 billion bushel soybean...

Since a recent study acknowledges that organic foods are garnering market share by stoking fears about biotech, the conventional food industry should deman...

Section 2611 of the 2014 Farm Bill links a farmer's eligibility for the premium crop insurance subsidy to compliance with conservation provisions of the 19...

There is now probably not much to be said about yesterday's USDA stock and acreage reports that is new. However, there are a few things gleaned from them t...

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

There is no doubt that USDA's acreage and stocks estimates combined with the fancy weekly crop condition ratings have suddenly created a very bearish envir...

If the U.S. does produce a huge soybean crop this fall that causes soybean prices to fall well below $10/bushel, the greatest short-term impact likely will...

Turkey may pull out of its customs union with the EU if the EU/U.S. Transatlantic Trade and Investment Partnership (TTIP) is ratified without its inclusion...

USDA's soybean acreage estimate blew the market away, coming in nearly 3 million acres above the March estimate. Corn stocks were 100 million bushels above...

It was announced on 24 June that China will revise its food safety law to include tougher rules for safety and stricter supervision. However, decentralized...

Most analysts are now predicting that the 2014 Russian and Ukrainian crops will be higher than last year with Russia's estimated at 52-54 MMT and Ukraine's...

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

The quarterly stocks numbers for corn and soybeans were slightly bearish. The soybean number at 405 million bushels was 27 million bushels higher than expe...

A reduction in the swine herd due to the impact of the Porcine Epidemic Diarrhea virus (PEDv) had been anticipated, and analysts had expected USDA's quarte...

The White House is withholding a $277 million Millennium Challenge Corporation (MCC) aid package to El Salvador until that country ends a domestic corn and...

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

The purpose of the report was to address concerns among policy makers and analysts about the feasibility of meeting the higher standards for blending biofu...

Following pressure from the sugar lobby, largely the cooperatives, GOI has agreed to bail out the sugar industry once again and has increased the import du...

Everyone associates crop stress with heat and dryness. It can also be caused by too much water, and this is starting to attract some attention as the rains...

Standard commodity analysts may soon adjust their stories to proclaim, "Production will be large but demand is even larger!" Similar market dialog occurred...

Demand for animal feed is on the rise in China as a result of an end to avian flu outbreaks this spring and a recovery in swine profitability. This increas...

In the course of searching for something new and different to write about, we found ourselves thinking about a variety of generally unrelated off the wall...

Beijing will reportedly experiment with making a deficiency payment to farmers in order to bridge the difference between the market price and what farmers...

Herd expansion still relies on the profitability of the cow-calf sector, which is easy to forget with record cattle prices. Retaining heifers, though, is a...

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

KC July HRW was up 7 cents as rains are again delaying harvest in Kansas and posing the threat of quality deterioration. Rains have also delayed the Mid-So...

Because of inconsistent export policies out of Argentina and recent declines in regional exportable wheat supplies, the Brazilian government will reduce th...

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

Ukrainian grain producers will need 1.5 billion m3 of natural gas to dry the grain and oilseed crops to be harvested in 2014 and want guarantees from the g...

Funds certainly did not show anxiety over the size of their July positions today. Prior to the market opening, there were still about 142,000 contracts of...

U.S. trade negotiators are asserting that regulatory convergence under the Transatlantic Trade and Investment Partnership (TTIP) will offer more safety dat...

Please note that World Perspectives has changed locations and our new address is: 1301 Pennsylvania Ave. NW  Suite 501, Washington, DC 20004 Please...

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

There was some expectation that the Federal Reserve Board would address the federal funds rate in a more aggressive manner than it did, but the official wo...

The 30 June acreage figures will be etched in stone at the top of everyone's 2014/15 supply/demand estimates for the entire crop year until or unless they...

According to the FAO, Egypt's wheat and corn crops this year will be slightly above average size this year, but it expects that the country will have to im...

The European Food Safety Agency (EFSA) has determined that Monsanto's MON 88302 biotech rapeseed event is safe for human and animal health and poses no thr...

Corn futures closed lower on favorable weather prospects that encourage thoughts of an above trend yield. Old crop soybeans and the old crop/new crop sprea...

While the effect of the Iraqi ISIS situation has been limited to date and the increase in U.S. and world production has provided a buffer, there are certai...

There was plenty of market chatter this morning trying to explain the last minute surge in soybean and soymeal futures last Friday. Trade this week could s...

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

Has it been the new plant genetics that have pushed corn and soybeans farther north and west, or has it really been the shift to a Corn Belt climate across...

The 17 June state soybean reserves auction size was 358,558 MT. However, weak demand was evident as sales totaled only 72,852 MT, which is a lower turnover...

The excessive rains that have persisted in Bulgaria and Romania for more than two months peaked last Thursday night. Farmers in the most severely affected...

The war on fat, sugar and salt rivals the longstanding war over biotechnology. The latest involved a broadside from lawyers Rick Frank and Bruce Silverglad...

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

India's new government plans to revamp the flagship scheme of its predecssor, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGA), and h...

Because of the heavy rainfall, some farmers meeting in Minnesota said they have lost as much as 10-15 percent of their crops to flooding. At this point, th...

The Senate minibus appropriations bill, which covered the Agriculture, Commerce, Justice, Transportation and Housing and Urban Development Departments, has...

Corn futures were slightly lower overnight and early today before gradually pushing toward slightly higher. There was never any concerted selling pressure...

There is only one class of corn and one of soybeans, but there are officially six classes of wheat produced in the U.S. that all have different properties...

Should  the Trans-Pacific Partnership (TPP) reach fruition this year, the pressure on Brussels to recalibrate will be great as capital markets have al...

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

According to the Bureau of Labor Statistics' latest release for May 2014, the seasonally adjusted prices for red meat, poultry, eggs and even fish (driven...

It is time for Congress to reassess the RFS and rewrite its requirements to match both the technical feasibility and market economics that currently prevai...

Export sales were generally light, reflecting increased competition from other origins and the buyers' hopes for lower prices to come. However, we should p...

The goal of ending world hunger has always had universal support, but for many years the challenges involved in achieving this have tended to stay on the f...

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

The Argentine soybean harvest is 90 percent complete, while farmer selling is only 35 percent finished, which is significantly behind the historical pace...

Ukrainian milling wheat and feed wheat prices declined on the domestic market as farmers in the southern regions started harvesting winter wheat and have r...

KC HRW futures were the star of the market today. Poor yields and fear that heavy rains might lower the quality of what is harvested coalesced to push KC J...

Rice is one of those thinly traded (less than 10 percent of production moves into international trade), highly subsidized commodities that annoys everyone...

Global biodiesel production has grown to reach approximately 29.12 MMT this year and has become the market for about 7.3 MMT of soyoil, 9.6 MMT of palm oil...

Why are markets ignoring all of the numbers that on paper add up to an incredibly tight supply situation?USDA's weekly crop condition report rated 76 perce...

Wheat prices were lower early, reaching the lowest levels in over four months. However, this brought on some bargain hunting buying interest that helped pr...

Representative Eric Cantor (R-Virginia) became the first House majority leader to be defeated in a primary, based largely on immigration. Now Representativ...

Morocco's Attijariwafa Bank is financing $300 million for Russian wheat purchases during the 2014/15 import period. The agreement was signed in Moscow last...

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

Expectations of great crop ratings today coupled with few, if any, weather problems continue to pressure corn prices lower. Some analysts are now starting...

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

The excessive rains in Bulgaria and Romania may result in a larger share of feed versus milling wheat this year. In 2013/14, both countries exported about...

There are few potential crop production problems around the world as we are heading into the last half of June. It is going to be difficult to encourage an...

China's announcement on 7 June that that it would suspend the issuance of import permits for U.S DDGS has resulted in rising prices for domestic DDGS as we...

The bill would require all advanced biofuels (undifferentiated advanced, biodiesel and cellulosic) to be produced in the U.S. as well as continue to meet t...

India and the G-33 group of developing nations are upset that affluent WTO members are asking for more data on New Delhi's agricultural subsidies. Common L...

Canadian Agriculture Minister Gerry Ritz has taken a more strident position regarding agricultural trade liberalization via TPP than perhaps the Japanese a...

Wheat followed corn's gains despite the fact that Egypt bought Romanian and Russian wheat yesterday. No one expected U.S. wheat to trade. The EU reported t...

There is hope that India's new government will bolster the economy's upward turn with revisions in policy. Industrial production rose in April 2014 as infl...

The House reauthorization bill contains a number of reforms and addresses many of the Dodd-Frank Act provisions. It should be able to move through that cha...

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

Operating margins for shuttle loaders have been exceptionally good in recent years because of good crops and strong demand, but are now becoming more compr...

This delay is considered a major tactical victory by most livestock and agriculture groups. If approved, the new guideline would effectively remove the wor...

Last year at this time, the red hot cash market and record high basis bids led the soy futures market to high prices and a wide old/new crop inverse. This...

USDA increased its estimates for Argentina's domestic soymeal consumption yesterday to reflect rising exports of mixed feeds. While most of these exports i...

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

As the world recovers ever so gradually from the 2008-10 recession and its aftermath, the percentage of the world's population considered to be middle clas...

The House will not complete the fiscal 2015 agriculture appropriations bill until next week, but already there have been some harmful amendments adopted. U...

Yesterday the number two Republican in the House lost his seat in an upset primary. Ironically, Cantor has tried for two years to schedule a legislative ag...

Buyers in China are reported to be interested in buying Russian grain, and Rosselkhoznadzor (the Federal Service for Veterinary and Phytosanitary Surveilla...

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

June WASDEs are seldom major market movers, and today's report was certainly was not bullish. As if by signal, there was a general across-the-board sell of...

This year Argentine farmers have sold 1.57 MMT fewer soybeans than the total for the same date a year ago. The most important information for the market is...

FAS Agricultural Counselor Allan Mustard (nominated to be U.S. Ambassador to Turkmenistan) has issued a report exposing how New Delhi is substantially subs...

India's soybean-producing regions are expected to be particularly vulnerable to inadequate rains from this year's monsoon, and there also is concern about...

Calculations by the EU indicate that safeguard measures against its exports rose by 10 percent in 2013, and some of the prime blockers included India, Chin...

Egypt has decided to delay its planned increase in the price of fuel for industry, individuals and homes as the belief is that it would be bad for the over...

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

This morning, Brazil's Conab revised its estimate of that country's 2013/14 corn production upward to 77.9 MMT, second only to last year's 81.5 MMT. M...

The trading record shows how thoroughly the price action of November soybeans has been dominated by the July contract, which is to say, by the very tight o...

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

Biofuel policy has always been political, and now there is a reported election year effort to use EPA's final decision on the 2014 Renewable Fuel Standards...

While it is likely Congress will work toward having a continuing resolution by the end of the year, three appropriations bills have been tabbed to move for...

Historically, China has established a minimum purchase price only for buying directly from farmers and replenishing provincial reserves. Now the central go...

Both the Russian and Ukrainian wheat crops are developing under generally favorable conditions, and most analysts estimate that the combined 2014/15 surplu...

Soybeans remain the wild card. The big money refuses to let go of the soybean market despite several recent head fakes that looked like the start of a majo...

The primary bearish factor hanging over the corn and soybean markets is the size of the speculative length. Exiting and rolling of positions by large specu...

The uproar over the plight of Canada's rail logistics has been an issue since the 2013 harvest that was 50 percent larger in volume than the 10-year averag...

The activist group called Anonymous has reportedly released Brazil's demands for settlement of the WTO cotton case against the U.S., and it is sure to rile...

To retain agriculturists in the farming business, India's government is eager to provide income security and assist the farming communities in conserving w...

The combination of double-digit gains in both July and December corn contracts and the engulfing candlestick pattern of the prior day's close are indicativ...

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

According to the House Budget Committee report, SNAP spending that totaled $78 billion in 2012 is scheduled to decrease slightly over the next 10 years, bu...

2014 feed costs are projected down about $6 billion from last year, a drop of more than 11 percent. However, the bow wave effect of high feed costs is stil...

Because of a smaller than normal soybean crop in 2013 that was also of poor quality, India is facing a shortage of soymeal this year to feed its domestic a...

Middle East Squeeze The energy abundance brought about by the fracking boom is causing OPEC heartache and could eventually spark another Middle East food c...

A somewhat interesting development in the soy complex is that old crop contracts appeared weaker than new crop in both soybeans and meal. That condition ne...

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

There is gnashing of the teeth by some in Washington because public funding of agricultural research is largely ignored. However, this ignores two importan...

A number of South American corn exporters are very scared by the current pricing dynamics because they need movement through the ports, storehouses and oth...

It is entirely feasible that a settlement in the WTO cotton case will involve U.S. taxpayers subsidizing Brazilian cotton farmers so that they can continue...

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

Ukraine's 2014 winter grains harvest is forecasted at 26.2 MMT, almost 1 MMT more than in 2013. The increase is expected as a result of the gain in average...

Buying into the present downward trend in corn contracts does seem to make sense for the trader who has sufficient capital and a realistically defined exit...

A major determinant for the competitiveness of Ukrainian fertilizer on global export markets is its cash cost of production, and the country's current conf...

Egypt is considering revisions to its wheat import specifications, particularly moisture, which could once again enable the importation of French wheat. GA...

Markets were soft again overnight with the soy complex leading the way lower. That softness turned into a much harder downturn once the regular day trading...

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

The current marketing year is on track for the combined U.S. exports of soybeans, soymeal and soyoil to set a record. There is also an expectation that thi...

Perhaps the most telling comment from EPA's Science Advisory Board  (SAB) was the recommendation to benchmark electric generation with an ethanol plan...

China's soymeal price fluctuated up to $654/MT during the week of 26 May as most of the country's large and mid-sized feed producers are stocking up ...

The group People for the Ethical Treatment of Animals (PETA) has sparked furor with its "Got Autism?" campaign that seeks to link consumption of dairy prod...

It was another interesting day in the soy complex. July futures went right down to technical support at $14.78 overnight and then reversed course when the...

The longer-term reality is that unless there is a crop production problem someplace this year that significantly changes the U.S. or world supply situation...

If this plan survives inevitable court challenges, there will be an opportunity for EPA to move this model on to other sectors such as agriculture, particu...

Excessive rains in Bulgaria and Romania are threatening the wheat quality there as the moisture favors the spreading of diseases. These rains are often cou...

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

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

The Cairns Group, a coalition of agricultural exporting countries, is trying to reinvigorate WTO negotiations for placing stronger limits on domestic farm...

As India's milk demand rises for many reasons, the sourcing of good, quality milk is one of the main concerns for the large dairy processing companies as s...

All markets gradually succumbed to moderate selling pressure as the day wore on. Corn, wheat and soybeans were all lower by noon. It was also the last trad...

Argentina, the world's top biodiesel exporter, is considering a proposed reaction to the EU's imposition of anti-dumping duties on its biodiesel and is als...

Seemingly lost in all of the soybean market talk is anything relevant to Argentina. It has been in the background for a very long time for many reasons, ne...

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

Why has the U.S. sold almost five times as much soymeal for export in the next marketing year than the average sold in the previous three marketing years a...

Volume picked up somewhat during the day session in which corn prices ground lower, wheat gave up its overnight gains to join corn in the red and soybeans...

European filmmakers and EU culture ministers are reportedly rallying against the Transatlantic Trade and Investment Partnership (TTIP) negotiations, chargi...

When we think of superhero/super-villain movies and their common characteristics, it is really not a big stretch to compare them to the strident controvers...

Feed costs for poultry producers are down about 19 percent year-over-year and demand for chicken is strong, given the high prices caused by reduced beef an...

Russia is reported to have exported 24.104 MMT of grain as of 21 May 2014 and from the beginning of MY 2013/14. However, a Rusagrotrans official expects Ju...

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

Chinese buyers continued to purchase old crop soybeans from Brazil for June-August. In contrast, the Argentine market remains very quiet, although there is...

U.S. EPA proposed a reduction in the biofuel mandate, but is reportedly considering walking back a bit on the decision. Lending credence to that outcome is...

The grain and soy futures market price action has evolved into a contest between extremely tight old crop soybean supplies and old crop futures and just ab...

The corn market is signaling technical weakness, and we wonder how long discretionary fund longs will be willing to hang on. They need a weather problem to...

USDA's initial projections for U.S. 2014/15 crop production in the May WASDE seemed quite optimistic at the time they were released in the midst of the ear...

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

Ideas of all stripes can be threatening to some, but Europe faces the unique risk of completely offshoring the pursuit of scientific ideas. Tie MCC to TF T...

Industry officials yesterday indicated the Brazilian government is expected tomorrow to increase the minimum amount of biodiesel to be blended into diesel...

Senate Agriculture Committee Republicans have signed a letter to EPA Administrator Gina McCarthy regarding a number of regulatory matters before the agency...

Contracts have been awarded in Egypt for the building of two UAE-financed wheat silos there. These are the first two in the joint UAE/Egypt project to buil...

Corn was steady to 1-2 higher much of the session in trading volume that was something less than half of normal levels ahead of the long weekend. China wil...

With prevailing heat wave conditions and indications of a delayed monsoon, several Indian states have issued an advisory stipulating a delay in crop planti...

Back eight or nine years ago when the ethanol boom happened and drove prices of everything to new all-time highs, much of that new buying was generated by...

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

Both the House and Senate Appropriations Committees are working within the constraints of keeping total discretionary funding at $1.014 trillion, which cam...

The EU's import ban of seal products on "public moral concerns" was upheld by the WTO Appellate Body and could greatly broaden the use of moral claims for...

The House passed the agricultural appropriations bill for FY 2015 yesterday, and its biggest controversy revolves around USDA efforts to make school lunche...

Data released yesterday by China's General Administration of Customs indicates Chinese soybean processors have sharply increased their soymeal exports in t...

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

Washington offers multiple and varied opportunities to engage in the agricultural policy debate, and today presented two competing options that are both an...

With two weeks of the crop year left to account for, wheat shipments are more than 120 million bushels below USDA's estimate. There seems no way that gap c...

The recent price movements of the world's most widely-watched soybean, corn and wheat futures contracts have called to mind once again the question of what...

As of 16 May, Ukraine's grain exports totaled 30.5 MMT, 43.2 percent more than during the same period in the previous market year. Included were 8.8 MMT of...

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

Brazil needs to seriously consider trade issues as it may become the leading soybean exporter next season. Minister of Agriculture Neri Geller declared tha...

The U.S. Federal Reserve Bank released the minutes from its April meeting today, and the stock market seemed to like what it read. General Comments The U.S...

China will correctly exploit science, technology and mechanization to advance its own agricultural production, but it will err if it worries about the Lest...

There are indications that at least five more cargoes of Brazilian soybeans are ether on their way to the U.S. or soon will be. Additional shipments of Bra...

The Chamber of Commerce in Egypt has announced that it is working with four banks there to provide financing for the expansion of the poultry industry in U...

It was a rather strange day for grain and soy markets, which saw prices swinging in wide trading ranges. General Comments It was a rather strange day for...

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

The EU is subsidizing an education campaign in the U.S. with the goal of having its farmers clamor for geographic indicators (GIs), but the trick is for Br...

We've been in a period of low interest rates and high commodity prices that have helped drive up farm real estate values. Now the Federal Reserve is consid...

The soybean futures market seems to ignore the seemingly inevitable, bearish shift in soybean supply/demand fundamentals in 2014/15. It is almost as though...

China's Ministry of Agriculture (MOA) and Ministry of Education together recently launched the "Training Plan for New Type Professional Farmers." This init...

Given the importance and volatility of non-tariff trade barrier issues, the catalyst behind the reorganization was the need to have a central trade authori...

The heavy pressure on the Black Sea market last week was driven by the multinational trading houses after the collapse of the futures' markets in the U.S...

A House Agriculture Appropriations subcommittee considers a $20.9 billion FY 2015 funding bill tomorrow that would provide the Farm Service Agency with a $...

Soybeans again defied all of the bearish fundamental inputs and rallied sharply on significant fund buying. That left many in the trade looking for a solid...

The situation in Canada is far worse than in the U.S., and all of this has prompted much talk about how long the logistical problems will last. Some are ev...

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

The prospect of a new government with a strong economic agenda has recently helped the INR recoup some of its losses, which could result in improved afford...

Mr.Narendra Modi, known to be very pro-technology, is expected to be India's new prime minister with the predicted landslide victory for the Hindu-dominate...

Congress made a number of significant changes to crop support programs with the Agricultural Act of 2014, and farmers must make a one-time enrollment choic...

It is hard to complain after pondering the conditions in North Korea where it is reported that Supreme Leader Kim Jong Un has ordered up some reforms in ag...

November soybean futures were again about the only agricultural commodity to trade on the plus side today. China said it will sell 300,000 MT of soybeans f...

This late spring will result in fewer corn acres across the Northern Plains. North Dakota, for example, was expected to plant 2.95 million acres of corn in...

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

Good wheat crop prospects elsewhere, the lack of demand from importers and lower offers from Black Sea sellers seem to have overcome the impact of the drou...

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

The cow was born on a farm it never left and where animals are fed by pasture grazing and mineral salts, rather than manufactured feed. Korea, Egypt, Peru...

There is a very vocal opposition to TTIP in Europe, and politics will shift further against it when EU Parliament elections next week likely empower more p...

For the past three years, strong market prices were needed to encourage sufficient crop production to meet growing demand. The next task for the market to...

Lieutenant General Mi Zhenyu, former deputy director of the Chinese Academy of Military Science, recently wrote that the inclusion of soybean protein from...

Grains seemed neglected during the overnight session as witnessed by a very light trading volume. After a slow and mixed start, the day session saw more tr...

Ukrainian Minister of  Agrarian Policy and Food Ihor Shvaika met with EU commissioners on 13 May to discuss trade-related issues and further developme...

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

One has to greatly sympathize with the conclusions reached by Copa-Cogeca, Europe's central farm organization, that the EU Commission's pursuit of a trade...

Shipments of Argentine soybeans are quite delayed this season due to a late harvest, quality issues and problems in the port of Necochea that limit the dra...

Farmers in northern Argentina evidently have found a way of avoiding the nation's 35 percent export tax by smuggling their soybeans into neighboring Paragu...

At today's Senate Agriculture Committee hearing, even Andrei Kirilenko, the former CFTC chief economist and now MIT professor brought in to critique HFT, o...

The trade reports that Egypt's payment for government-purchased grains is slowing significantly with delays in opening letters of credit for tender purchas...

The world's combined ending stocks of wheat, corn and soybeans are projected to be almost 88 MMT greater than they were just two years prior. Said another...

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

It was Turnaround Tuesday for the corn and soy complex futures markets as prices rebounded from yesterday's sinking spell. The turnaround began during the...

Four Democratic members of the House of Representatives issued a press release criticizing the U.S. Trade Representative (USTR) regarding numbers related t...

China's auction of state temporary soybean reserves will begin 13 May 2014, according to official sources, and it is estimated that the size will reach 3 M...

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

For the moment, the trend of increasing quality that was observed in the Bulgarian and Romanian wheat crop during the past five years will be reversed as f...

Policymakers in recent years have sought ways to offset the market's tendency toward commoditization in agriculture and thus raise farmer income by extract...

It looks from here like wheat might have the tightest fundamentals going into MY 2014/15. Weather's impact on feed grains production (either negative or po...

Evidently, the funds that have been long decided to start liquidating some of that length following last Friday's USDA reports as well as what appears to b...

At issue were whether EPA set the 2013 RVOs too late to be valid, a precedent that will have implications for this year, and if both the overall and advanc...

India's milk production is declining, and prices are rising with the approach of summer when demand typically increases. Stocks of skimmed milk powder (SMP...

USDA's total U.S. wheat production estimate came in below what the trade was expecting. We also note that USDA's hard red winter wheat production estimate...

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

It doesn't happen often, but it looks like Democrats and Republicans in the Senate and the House will be sending a reauthorization of the Water Resources R...

The Department of Commerce initiated an investigation last month to determine if the Mexican government has subsidized the country's sugar production and w...

Corn and wheat markets were lower and soybeans mixed in very light overnight trading volume ahead of this morning's USDA reports. In spite of a bearish new...

Consumer Reports has now found that 81 percent of those surveyed believe the organic label means that no pesticides were used in production, which is erron...

While the May WASDE provides a first look at USDA's analytical insights for the following crop year, it seems the remainder of each old crop year can no lo...

The soybean surplus on the Chinese market will apparently worsen beginning next week as Sinograins announced today that it will auction 300,000 MT of soybe...

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

China's fresh pork prices are at their lowest point since September 2010 and down 19 percent from September of last year. As a result, the Chinese National...

Overnight trade was mixed with soybeans trying to reverse this week's downward trend, while wheat and corn were a little weaker. The day session saw simila...

Whatever was discussed between Japanese Prime Minister Abe and U.S. President Obama a few days ago becomes more curious by the day. Diversity Marketing Pla...

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

Chinese crushers have returned to demand soybeans from South America. Following two months of inactivity and desperate attempts to resell cargoes of prior...

Russia's annual report covering food safety has noted that measures taken by the government to stabilize the situation in agriculture will result in genera...

Based on anecdotal evidence, it seems likely that next Monday's USDA report should show corn planting progress reaching close to 60 percent, or even more,...

The U.S. wheat futures markets are facing a dilemma. Should they price the relatively bullish wheat supply/demand balance, or the relatively bearish world...

Energy is one of the most interesting aspects of the U.S. balance of payments account. Higher energy production in the U.S. is transforming the nation's tr...

Unlike last year, soybean bulls are getting no help whatsoever from the cash market. Soybean crushers are relaxed, and export demand has fallen to a trickl...

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

Opportunity: Complementarity The TTIP negotiations are an opportunity, despite the skepticism. The challenge is overcoming all of the pitfalls and finding...

The U.S. cottonseed shortage has been exacerbated by the nation's dairy and cattle feeding sectors' continued strong demand for its usage in direct feeding...

Wheat farmers in Kenya are very concerned because of an outbreak of wheat stem rust. No control for this type of wheat rust exists as it was first seen in...

African trade ministers have apparently decided to act like Cape buffalo with a decision last week that reverses their commitment at the WTO ministerial in...

There are only about 40 scheduled days of legislative session left for the remaining 2014 legislative calendar. That leaves the Congressional schedule very...

It was the record-high temperatures and strong winds across the Southern Plains over the weekend that rallied wheat markets. Some weather forecasters were...

Stats Canada released its quarterly stocks estimates this morning, and today's numbers again highlighted the magnitude of Canada's 2013 crop production. S...

Current economic dynamics in Brazil and Argentina are creating some opportunities for the agricultural sectors in both Uruguay and Paraguay. Brazil The Bra...

China's milk powder imports reached a record-high 109,000 MT in March as AQSIQ recently announced that imported milk products without labels in Chinese are...

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

France is insisting that if the EU does not invoke a ban on imports of hogs and pork as a result of the Porcine Epidemic Diarrhea Virus (PEDv), it will uni...

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

Recognizing the intellectual superiority of small, local and organic over conventionally-produced foods, a new initiative will seek to mimic the approach i...

The EU temporary ban on imports of select Indian fruit and vegetables could have wide implications for a variety of other produce subject to the same quara...

Members of Congress have demanded that Japan agree to zero tariffs on agricultural products, but they apparently will not be getting their wish. Tokenism E...

Consumer spending was unusually strong as it surged 0.9 percent in March, the largest gain since 2005 with the exception of one month in 2009. The release...

The smallest HRW production number going all the way back more than 45 years was 620 million bushels in 2002, although It's not likely we can see a disaste...

Wheat had a great deal of bullish news today, which started with the Kansas crop tour results. General Comments Markets were slightly higher in quiet overn...

The government of China recently issued its first official Agricultural Outlook Report, covering the period 2014-2023. Among other projections in the repor...

It occurs to us that if nothing else, the flipping of the calendar page to May will force a re-examination of the perceptions that directed the market's pr...

European Commission President José Durâo Barroso is in Washington, and his message is that the Transatlantic Trade and Investment Partnership (TTIP) agreem...

Trade was a major topic covered by most of the witnesses testifying at yesterday's hearing held by the Livestock, Rural Development and Credit subcommittee...

Given what was happening with soybeans and corn, today's price break by CME wheat seemed about in line, and KC HRW's losses actually appear rather modest...

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

U.S. House Ways & Means Trade Subcommittee Chair David Nunes (R-California) warned today that if President Obama fails to compel Congressional passage...

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

Wheat futures prices, led by KC HRW, responded to pessimistic reports from the Plains HRW crop tour and little sign of drought relief in the offing. Genera...

Prices for the 2014 Russian grain harvest are expected to be influenced equally by both political and climate-related factors. Due to the pending holidays,...

Argentina remains largely out of the global soybean market as exporters are not offering beans with regular quality (basis 34 percent, minimum 34.5 percent...

Energy drinks were a $350 million market in 2000 and reached about $9 billion in 2013, a 2,471 percent growth. Red Bull is the category's market leader.Bac...

If one believes the organic industry, it produces more ethical food that is safer and more nutritious. Some in the organic community now want to incorporat...

Farmers in Zimbabwe continue to be unhappy with the government's set purchase price for local corn that is said to be about $30/MT lower than the cost of p...

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

Two organizations in India have concluded that the country should focus on increasing the use of soybeans to alleviate protein malnutrition, rather than ex...

The Kansas crop tour got underway this morning, and the first report from the tour popped KC wheat futures to double-digit gains. General Comments Markets...

The plain fact is that we all missed the pent-up corn demand and end user stock building, inspired by the low harvest time prices that seemed very attracti...

Given that 70 percent of processed food in the U.S. may contain at least one ingredient from food biotechnology, there are at least three constitutional la...

There is some concern that western Canadian farmers' planting plans are still in flux because the spring season has been so slow to arrive.Stats Canada rel...

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

After a sharply higher early overnight trade, grain and soy futures gradually calmed down to finish the first trading session of the week in relatively pla...

The general perception in the market is that the wheat is overpriced due to the high political risk premium now included since the start of the Ukrainian/R...

While the long-term fundamentals suggest that the ongoing westernization of China's diet should lead to increased imports of soybeans, corn and pork, the c...

According to some policymakers, the requirement that aid be sent on U.S.-flagged vessels might be the most important issue.The White House has long ma...

There was another blow to the cellulosic mandate this week as well as a new study challenging the notion that advanced biofuels reduce greenhouse gas emiss...

The real story from Asia continues to be the expansion of the middle class and how that will continue to drive demand for everything from agricultural comm...

Markets were mixed in very light volume throughout most of the night session, but the tone gradually changed for several reasons. General Comments Markets...

Given that free trade is about unleashing economic comparative advantage, there is much to worry about in Greek agriculture. Security Trumps Business, Agai...

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

With the IMD predicting a 56 percent probability of a deficient or below-normal monsoon for India, the impact on the farm sector and the country's overall...

This potential case could be similar to a 2012 incident in Parana where an animal developed the prion, or abnormal, pathogenic agents that induce folding o...

Today it was confirmed that three employees of Marubeni's Columbia Grain subsidiary were arrested in China. Although it is believed to be soy-related, the...

Turning public opinion into a supportive force that can overcome special interests will require political leadership in Washington, Brussels, Tokyo and man...

When we or anyone says that a particular market price is too high or too low, it may sound like we are saying that the market is wrong even though the mark...

After some overnight weakness, prices at all three wheat futures markets rallied to post double-digit gains. The apparent worsening situation in Ukraine an...

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

The EU wants the U.S. Congress to pass Trade Promotion Authority (TPA) as soon as possible, but the European resistance to fixing current trade barriers is...

Russia exported 194,800 MT of sunflower oil in March 2014 (a 5 percent gain compared to February 2014 and 48 percent more than March 2013), the highest&nbs...

Signs indicate that demand for old crop corn remains brisk, and corn exports are holding to a level that appears to justify USDA's latest estimate of 1.75...

Argentina is not as affected as Brazil by the Chinese soybean situation, but its beans have been found to have quality problems that could be a reason for...

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

China's Ministry of Commerce today raised its forecast for the country's April soybean imports. However, the recent defaults on soybean imports and rumors...

The soybean market was rife with rumors of Chinese defaults and a Chinese government crackdown on letters of credit, supposedly issued to pay for commodity...

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

The potential for unforeseen internal and external influences to move prices in either direction, short-term and/or long-term, remains at least as large as...

Egypt's government has advised that current stocks and orders of wheat will last until 19 June 2014, while the country's wheat crop has a very wide range o...

Indeed, it is hundreds of U.S. domestic programs that fail the government's Program Assessment Rating Tool (PART), but continue to be funded.Experts gather...

The industries eligible for this new federally-facilitated investment fund include bio-manufacturing, advanced energy production, local and regional food s...

While a complete TPP agreement is not expected, the weights of geopolitics, national security and economics have converged to pressure President Obama and...

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

We note that every year at this time we have looked at projections for rapidly building soybean ending supplies in the U.S. that have yet to materialize, e...

Interestingly, as the import window into the U.S. appears to be closing, the Brazilian Sugarcane Industry Association (UNICA) is reporting that domestic et...

The Chinese government's stricter inspections of imported DDGS is currently affecting the domestic rapeseed meal price and also a factor in its growing dem...

There were reports of a frost/freeze across Argentina that might have done some damage to late-planted corn and soybeans, but this news didn't cause a ripp...

Today's early trade saw wheat prices firm, while corn and the complex traded mostly with red numbers. Volume was fairly active for a pre-long weekend sessi...

Because China is such a dominant soybean importer, the crushers there think they have the upper hand in forcing sellers to renegotiate prices to a lower le...

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

Does the fundamental outlook for soybeans as seen right now in April 2014 deserve an old crop/new crop inverse so much wider than during April 2013?For som...

Not since the corn price run-up in 2008 have eggs been as expensive, and their prices are at a six-year high. Easter Inflation In keeping with seasonal dem...

The signals regarding TPP just days before President Obama heads to Japan are mixed and confusing. Currency Conundrum Some powerful congressional Democrats...

Soybean selling by Argentine farmers is projected to substantially increase going into June, potentially to a record level, as a result of the increased ha...

With the Ukrainian/Russian crisis always lurking and the U.S. HRW crop not in good shape, wheat futures prices are moving up and down nervously. General Co...

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

Italy's proposed agricultural policy modifications include some 21st century concepts, while others appear to be more of the same, making it only partial r...

As of 11 April 2014 and from the beginning of MY 2013/14, Ukraine has exported 28.338 MMT of grain. According to Ukrainian Grain Association President Vlad...

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

The study was requested by Senators David Vitter (R-Louisiana) and James Inhofe (R-Oklahoma) with the specific topic of how regulatory costs impact the com...

The strength of wheat and soybeans and fear that the Ukrainian situation is escalating probably kept the corn market from closing lower. General Comments T...

Jordan will need to continue importing close to 100 percent of its needed wheat supply, according to USDA FAS in Amman. With the influx of Syrian refugees,...

The National Oilseed Processors Association (NOPA) today released a surprisingly large soybean crush report for March that was the main reason soybean futu...

The U.S. 2013/14 soybean year will be unique in a number of ways. One of its most unusual elements will be record-large imports with a majority of the fina...

With 27 MMT of exports, the EU wheat carryout stocks will be significantly tighter than last year. However, Western Europe's crop seems to be developing fa...

Due to the Chinese government's corn procurement in major production provinces, it seems probable that China's domestic corn prices have hit bottom and wil...

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

Corn tried to tag along with wheat, but never got better than 8-9 higher and actually faded slightly at the close. General Comments Three weekend events pu...

Separating otherwise safe, concurrent uses of chemicals is as wrong a strategy as the Maginot Line. Organic matter is chemical matter at its base. Chemopho...

Its premise is that traceability is one of the greatest tools for impacting sustainability. If traceability is going to develop, it has to either be mandat...

There have been several announcements from the Canadian grain trade recently about big new investments in grain handling infrastructure. There have been s...

It will now take more than a record yield per acre to again start talking about 2014-15 corn ending supplies exceeding 1.5-1.6 billion bushels.We've gone f...

The budget cuts domestic programs by $791 billion in the years 2016-2024, while it increases defense spending by $483 billion. The House passed its versio...

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

It has been a very volatile week with Wednesday's USDA WASDE sandwiched in the middle and providing a bullish burst to corn and soybeans. General Comments...

The Indian Meteorological Department (IMD) has suggested that it is too early to predict the monsoon pattern and El Niño's effect, but it has also issued w...

An American tourist can see the sights in a half-dozen European cities within a week or less, yet USDA will need 6-7 months to look at the meat inspection...

Retail beef prices have tested the consumer limit with 13 percent growth over the past year, while pork prices have been tempered by increased slaughter we...

Reports indicate Chinese soybean importers have defaulted on 10 or more cargoes of U.S. and Brazilian soybeans, fewer than in 2004 when buyers forfeited up...

The House Ag Committee, which holds congressional oversight authority over the CFTC along with the Senate Ag Committee, decided to use the CFTC reauthoriza...

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

TPA is dead, long live STA. When a concept is in trouble, public relations experts start rebranding. Evolving Acronyms TPA is dead, long live STA. When a c...

The market's tepid price action following yesterday's bullish (for soybeans and corn) WASDE was considered disappointing to market bulls, and long liquidat...

The main concern about Argentine soybeans this season relates to protein content. Current protein levels are below normal this harvest and that fact is mak...

When it comes to stoking global economic activity, the 800-pound gorilla rattling some markets is the potential slowdown in China's growth. Late as Usual R...

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

The changes USDA and WOAB analysts made to their 2013/14 U.S. and world supply/demand estimates tracked closely with private expectations in terms of direc...

The president of the Russian Grain Union said Russia's current financial problems may negatively impact the planting of grains. Ukraine has planted early s...

Britain's Soil Society, the organization pushing organic agriculture in the UK, is apoplectic over a study in the British Journal of Cancer. Selective Scie...

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

Egypt's Red Sea Ports Authority (RSPA) has announced that it will be developing a new wheat import facility in Adabiya Port that is expected to handle abou...

Today's higher grain and soy prices reflected the market's expectation that tomorrow's WASDE will be bullish. General Comments Although trading of a number...

Tomorrow's report could have considerable importance in market terms since non-commercials are so heavily invested on the long side of corn and soybeans.US...

The need for the Renewable Fuel Standard (RFS) and other federal policies to support the industry and attract investment was a key theme of today's hearing...

News UpdatesMEDITERRANEAN/MIDDLE EAST COMMENTSFrance Export Cereals (FEC) has said that the country needs to exert more effort in developing Egypt's privat...

It now appears the EU's 2014 rapeseed production will be up sharply from the last two years and approach the record 2009 crop. South American Soybeans Begi...

The corn plantings in Romania and Bulgaria have started under favorable weather conditions, and we estimate that the corn acreage will marginally decrease...

13 Chinese government agencies, led by the Ministry of Commerce (MOFCOM), recently issued guidelines aimed at establishing a unified agricultural market me...

Soybeans again had a 20-cent trading range with prices lower most of the session and the old crop/new crop spreads losing some ground. There was talk of th...

There are only three crops that show a positive net return, and barley is really not an alternative today.The table below is from the Carrington, North Dak...

Today's grain and oilseed prices...

Crimea River History suggests that geopolitical troubles have less impact on food production than fundamentals like the weather. Crimea: Present Situation,...

According to the U.S. Energy Information Administration (EIA), rail cars spent twice the time between loading and unloading in the Midwest than last year d...

Improving Japanese farm labor misses the larger shift that needs to occur if the nation's agriculture is to survive liberalization under TPP.U.S. trade neg...

Today's grain and oilseed prices...

Prices of skimmed milk powder (SMP) have soared in India. There is a shortage as the government of India (GOI) did not regulate SMP exports and the deficit...

The issue with some of these very minor crops is that it doesn't take much of an increase or decrease in acreage to have a major impact on prices.We get so...

Wheat turned decidedly weaker early this morning and dragged corn lower as well, while soybeans again traded both sides of unchanged much of the session. G...

While the biodiesel tax credit has been extended retroactively in the past, it has had a unique impact.The Senate Finance Committee considered and passed i...

EPA's recently proposed "interpretive guidance" on Clean Water Act regulations made for some fun in the agriculture community this week. Clear as Mud Norma...

The topic of high frequency trading (HFT) of equities and commodities has become all the rage and raises several questions that generate a wide difference...

There is good news this week regarding the number of PEDv cases during the latter part of March, and there is seemingly some hog market reaction. PEDv Upda...

Former Lehman Brothers chief economist John Llewellyn notes that developing countries with sufficiently bad scores in terms of budget deficits, trade defic...

Total U.S. corn export commitments have now reached USDA's latest forecast for all of 2013/14, actually 2 million bushels above it with five months of the...

Today's grain and oilseed prices...

It is particularly interesting that the U.S. has not seen a drop-off in soymeal exports to the EU in 2013/14. U.S. Soymeal Export Sales and Shipments Very...

As of 31 March 2014, Ukraine has exported 27.351 MMT of grain from the beginning of the market year, and preliminary forecasts indicate the country's grain...

Since USDA's reports on Monday, the futures price action has given farmers the opportunity to unload some of their ownership and given users the opportunit...

Today's grain and oilseed prices...

A successful public forum by the WTO should be centered on why imports are actually good for everyone and emphasize that the focus cannot be solely on the...

South American soybean prices have been hesitant to follow futures markets higher. The result is that Argentine basis continued to weaken last week. Corn T...

There is a problem with Egypt's domestic grain silos project, financed with funds from the United Arab Emirates (UAE), that was intended to build 25 storag...

Researchers at the International Food Policy Research Institute (IFPRI) estimate that Argentina's biodiesel production would increase by 9.6 percent if the...

Today's grain and oilseed prices...

With strong support for passing some extenders, the biodiesel tax credit and the cellulosic tax credit both have strong individual supporters who are likel...

India's soybean processors are struggling to supply the domestic poultry and aquaculture markets with soymeal as they cannot source enough supplies. USDA R...

The wheat market has backed off after its long bull run and has begun to cast weaker technical signals. This has caused some liquidation selling and the un...

That the trade's analysis of stocks and acreage turned out to be so close to USDA's survey results is another way of saying that yesterday's reports were s...

Some Argentine producers have been through this process previously with sorghum that was imported and used to make ethanol in California.Argentina's biodie...

More crushers have suspended or slowed production in order to mitigate crushing losses. It is projected that soyoil prices will remain weak, but there is l...

The market felt like wheat again became the short leg of the corn and soybean markets. If you don't trust a rally, you sell something else against it. Gene...

Today's grain and oilseed prices...

You can plug any yield you like into these acreage estimates today and come up with bullish and bearish outcomes.Today's USDA quarterly stocks and planting...

A WTO agriculture committee meeting revealed why it will be difficult to get the Doha negotiations back on track. Naturally Wrong Recently installed Federa...

The EU has now allocated  22.7 MMT of wheat export licenses versus 15.1 MMT a year ago, and its wheat balance will be dangerously tight at the end of...

U.S.  soybean exports thus far in 2013/14 are now at 39.835 MMT and unshipped soybean export sales stand at 4.609 MMT for a total of 44.444 MT, ...