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Recent Market Analysis

Feed Grains

Feed Grains

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...

feed-grains soy-oilseeds wheat

Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

Soy & Oilseeds

Soy & Oilseeds

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...

feed-grains soy-oilseeds wheat

Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

Wheat

Wheat

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Mercosur Regional Analysis

EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...

feed-grains soy-oilseeds wheat

Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

Livestock

Livestock

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

feed-grains soy-oilseeds wheat

Market Commentary: Grain Futures Buying Demand; Livestock Futures Buying Time

Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Market Commentary: Bear, Bear, Every Where a Bear

Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today.  There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...

feed-grains soy-oilseeds wheat

Market Commentary: Low Holiday Cheer

Grain markets traded without conviction today, see-sawing around unchanged and with modest volume. Aggies had WASDE day and outside markets had Fed day, and both events this week were kind of a bust. Some might consider it a positive to lack drama interrupting the holiday period, and that is th...

Biofuels

Biofuels

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fade in Pre-Holiday Trade; Cattle Limit-Down on Plant Closure

The CBOT saw muted and mostly lower trade to open the week of the U.S. Thanksgiving holiday. The day’s trade was predominantly weaker as technical factors and a lack of news immediately relevant to the grain markets prompted fund selling. Monday’s news did include USDA confirmation...

feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Market Commentary: Unmoved and Uncertain

It was the third straight day of flash soybean sales to China. The IGC tightened global soybean balances. The morning’s USDA’s export sales report showed corn and wheat ahead of last year. The September employment report showed substantially larger gains than expected. Stocks opened...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Fade in Pre-Holiday Trade; Cattle Limit-Down on Plant Closure

The CBOT saw muted and mostly lower trade to open the week of the U.S. Thanksgiving holiday. The day’s trade was predominantly weaker as technical factors and a lack of news immediately relevant to the grain markets prompted fund selling. Monday’s news did include USDA confirmation...

feed-grains soy-oilseeds wheat

Market Commentary: Friday’s Ends a Tough Week Except for Soyoil and Dollar

There was a glimmer of hope for bulls on Friday, but it was just a glimmer. Soybeans, meal and HRW closed higher, but the rest of the players fell off the merry-go-round. There was generally lower volume but the trend is clear – there is an over abundance of grain on world markets and U.S...

feed-grains soy-oilseeds wheat

Market Commentary: Unmoved and Uncertain

It was the third straight day of flash soybean sales to China. The IGC tightened global soybean balances. The morning’s USDA’s export sales report showed corn and wheat ahead of last year. The September employment report showed substantially larger gains than expected. Stocks opened...

feed-grains soy-oilseeds wheat

Market Commentary: Soybean Sales to China Fail to Impress CBOT

The CBOT was almost uniformly lower on Wednesday with traders booking any long profits and likely adding some short spec positions as momentum wanes from the markets. The down day was a little surprising after USDA reported another 12.1 Mbu of soybeans sold to China for 2025/26, but that news h...

Farm Inputs

Farm Inputs

farm-inputs

Phosphate and Potash Added to Critical Minerals List

The Department of the Interior has added phosphate and potash, two key fertilizer ingredients, to the official Critical Minerals List. They are part of 60 minerals deemed vital to the U.S. economy and national security, with 10 of those being newly listed, that face potential risks from disrupt...

farm-inputs

Oil Cost and Input Forecast

According to the latest Short Term Energy Outlook (STEO), U.S. petroleum production is forecast to hit 13.41 million barrels per day (bpd) in 2025 due primarily to improved well productivity.  Increased supply will lower prices in 2026 and result in a fall in output to 13.28 million bpd in...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.515/bushel, down $0.0475 from yesterday's close.  May 25 Wheat closed at $5.3675/bushel, down $0.11 from yesterday's close.  May 25 Soybeans closed at $9.99/bushel, down $0.125 from yesterday's close.  May 25 Soymeal closed at $293.5/short ton, down $4.5...

farm-inputs

Phosphate and Potash Added to Critical Minerals List

The Department of the Interior has added phosphate and potash, two key fertilizer ingredients, to the official Critical Minerals List. They are part of 60 minerals deemed vital to the U.S. economy and national security, with 10 of those being newly listed, that face potential risks from disrupt...

farm-inputs

Oil Cost and Input Forecast

According to the latest Short Term Energy Outlook (STEO), U.S. petroleum production is forecast to hit 13.41 million barrels per day (bpd) in 2025 due primarily to improved well productivity.  Increased supply will lower prices in 2026 and result in a fall in output to 13.28 million bpd in...

feed-grains soy-oilseeds wheat

Summary of Futures

May 25 Corn closed at $4.515/bushel, down $0.0475 from yesterday's close.  May 25 Wheat closed at $5.3675/bushel, down $0.11 from yesterday's close.  May 25 Soybeans closed at $9.99/bushel, down $0.125 from yesterday's close.  May 25 Soymeal closed at $293.5/short ton, down $4.5...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 25 Corn closed at $4.98/bushel, up $0.005 from yesterday's close.  Mar 25 Wheat closed at $5.855/bushel, down $0.065 from yesterday's close.  Mar 25 Soybeans closed at $10.455/bushel, up $0.1375 from yesterday's close.  Mar 25 Soymeal closed at $296/short ton, up $1.3 from ye...

Equities

Equities

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.465/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.335/bushel, up $0.04 from yesterday's close.  Jan 26 Soybeans closed at $10.935/bushel, up $0.0225 from yesterday's close.  Jan 26 Soymeal closed at $302.1/short ton, up $0.9 from y...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.465/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.335/bushel, up $0.04 from yesterday's close.  Jan 26 Soybeans closed at $10.935/bushel, up $0.0225 from yesterday's close.  Jan 26 Soymeal closed at $302.1/short ton, up $0.9 from y...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.48/bushel, up $0.0425 from yesterday's close.  Mar 26 Wheat closed at $5.345/bushel, down $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $10.8725/bushel, down $0.065 from yesterday's close.  Jan 26 Soymeal closed at $301.3/short ton, down $5 f...

Energy

Energy

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.465/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.335/bushel, up $0.04 from yesterday's close.  Jan 26 Soybeans closed at $10.935/bushel, up $0.0225 from yesterday's close.  Jan 26 Soymeal closed at $302.1/short ton, up $0.9 from y...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.3975/bushel, down $0.01 from yesterday's close.  Mar 26 Wheat closed at $5.2075/bushel, down $0.085 from yesterday's close.  Jan 26 Soybeans closed at $10.7175/bushel, down $0.05 from yesterday's close.  Jan 26 Soymeal closed at $303.5/short ton, up $1 fr...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.465/bushel, up $0.0225 from yesterday's close.  Mar 26 Wheat closed at $5.335/bushel, up $0.04 from yesterday's close.  Jan 26 Soybeans closed at $10.935/bushel, up $0.0225 from yesterday's close.  Jan 26 Soymeal closed at $302.1/short ton, up $0.9 from y...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.4425/bushel, down $0.0375 from yesterday's close.  Mar 26 Wheat closed at $5.295/bushel, down $0.05 from yesterday's close.  Jan 26 Soybeans closed at $10.9125/bushel, up $0.04 from yesterday's close.  Jan 26 Soymeal closed at $301.2/short ton, down $0.1...

feed-grains soy-oilseeds wheat

Summary of Futures

Mar 26 Corn closed at $4.48/bushel, up $0.0425 from yesterday's close.  Mar 26 Wheat closed at $5.345/bushel, down $0.0025 from yesterday's close.  Jan 26 Soybeans closed at $10.8725/bushel, down $0.065 from yesterday's close.  Jan 26 Soymeal closed at $301.3/short ton, down $5 f...

Softs

Softs

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The following tables/charts reflect the CFTC's latest data release, which covers traders' positions through 21 October. The data are, obviously, delayed due to the 40-day 2025 U.S. government shutdown. While the positions below likely have little influence on today's markets or fund positioning...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity markets. The data is, of course, taken from the CFTC's weekly Commitment of Traders report, using the futures only data. WPI recently completed a...

feed-grains soy-oilseeds wheat

CFTC COT Report Analysis

Friday’s CFTC report showed managed money traders adding back to short positions across the ag space as technical conditions quickly deteriorated for the soy complex and wheat. Funds added nearly 85,000 contracts to their all-ag futures net short last week and continue to hold a neutral/s...

Macroeconomics

European Revival; The Worm Turns

European Revival The transatlantic relationship is rapidly evolving and the story is told by some recent headlines… The U.S. has already swamped Europe with its technology and now it wants to own the EU’s energy market as well.  European diplomats in Washington message the Tr...

Farmer Bridge Assistance Program Early Details

The USDA will base the $12 billion in farmer payments it recently announced under the Farmer Bridge Assistance (FBA) program on 2025 planted acreage. The department announced that acreage reports, as of 19 December, by 5 p.m., should be “accurate.” Payment rates will be announced th...

Trade Deficit Shrinks, Fed Cuts Federal Funds Rate at December

The U.S. trade deficit narrowed unexpectedly to $52.8 billion in September, the smallest since mid-2020. The decline in the deficit was due to a large increase in exports, which rose $8.4 billion. Imports were up a more modest $1.9 billion.  The President may see this as a win, as the cor...

European Revival; The Worm Turns

European Revival The transatlantic relationship is rapidly evolving and the story is told by some recent headlines… The U.S. has already swamped Europe with its technology and now it wants to own the EU’s energy market as well.  European diplomats in Washington message the Tr...

Farmer Bridge Assistance Program Early Details

The USDA will base the $12 billion in farmer payments it recently announced under the Farmer Bridge Assistance (FBA) program on 2025 planted acreage. The department announced that acreage reports, as of 19 December, by 5 p.m., should be “accurate.” Payment rates will be announced th...

Trade Deficit Shrinks, Fed Cuts Federal Funds Rate at December

The U.S. trade deficit narrowed unexpectedly to $52.8 billion in September, the smallest since mid-2020. The decline in the deficit was due to a large increase in exports, which rose $8.4 billion. Imports were up a more modest $1.9 billion.  The President may see this as a win, as the cor...

No Trade Bailout; Statements Betray USMCA

No Trade Bailout The Trump Administration’s $12 billion economic assistance package to farmers is being framed by the media as a “bailout” for the adverse impact of the President’s tariffs and trade wars. But there is no adverse impact in most instances. Wheat prices hav...

Pulses

MAHA: More Pulses? Does it Matter?

The Make America Healthy Again (MAHA) movement, spearheaded by the Secretary of Health and Human Services Department includes a lot of transformational goals, and some goals that are objectively silly. For example, Coca-Cola is transitioning back to sugar for some of its soft drinks, an announc...

Year of the Pulse

The International Grains Council (IGC) announced that it will include pulses in its definition of grains and expand market information on these products. Trade in pulses has been increasing as they grow in stature as a staple food and plant-based protein. The pod-based seeds of the legume famil...

livestock

An IPO-Level Look at the Veggie Burger Sector

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which would raise $175 million at the mid-point price. The company’s cornerstone product is the Beyond Burger, which is now available at a nu...

MAHA: More Pulses? Does it Matter?

The Make America Healthy Again (MAHA) movement, spearheaded by the Secretary of Health and Human Services Department includes a lot of transformational goals, and some goals that are objectively silly. For example, Coca-Cola is transitioning back to sugar for some of its soft drinks, an announc...

Year of the Pulse

The International Grains Council (IGC) announced that it will include pulses in its definition of grains and expand market information on these products. Trade in pulses has been increasing as they grow in stature as a staple food and plant-based protein. The pod-based seeds of the legume famil...

livestock

An IPO-Level Look at the Veggie Burger Sector

Beyond Meat, the maker of a vegetable protein meat alternative product, is preparing for an IPO. It will be offering 8.75 million shares at $19-21, which would raise $175 million at the mid-point price. The company’s cornerstone product is the Beyond Burger, which is now available at a nu...

feed-grains soy-oilseeds wheat

Indian Subcontinent Regional Analysis

Higher Early Sugar Production and Slow Exports Could Pressure Prices Due to the early start of the 2018/19 sugarcane crushing season, Indian sugar mills were able to produce 21.93 MMT of sugar as of 15 February 2019 versus 20.36 MMT at the same point a year ago, an increase of 7.71 percent. Ano...

Freight

WPI Grain Transportation Report

Dry-bulk markets were softer last week with Capesize markets seeing weaker interest from East Australia and other Pacific locales. Traders are describing spot tonnage in the Pacific as “abundant”, a mentality that is pressuring rates. Similarly, demand for C3 ex Brazil and West Afri...

FOB Prices and Freight Rates App (Updated 10 December)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region North African and Middle East wheat, corn, and barley importers will see more competition from Russian grains as Russia has reduced its grain export taxes to zero. Russia hopes to increase grain exports which are down by 13.3 perc...

WPI Grain Transportation Report

Dry-bulk markets were softer last week with Capesize markets seeing weaker interest from East Australia and other Pacific locales. Traders are describing spot tonnage in the Pacific as “abundant”, a mentality that is pressuring rates. Similarly, demand for C3 ex Brazil and West Afri...

FOB Prices and Freight Rates App (Updated 10 December)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Middle East, Mediterranean, and Africa Regional Analysis

Mediterranean/Middle East/North Africa/Africa – MEA Region North African and Middle East wheat, corn, and barley importers will see more competition from Russian grains as Russia has reduced its grain export taxes to zero. Russia hopes to increase grain exports which are down by 13.3 perc...

WPI Grain Transportation Report

Dry-bulk markets are firmer this week with the Capesize sector again leading the rally. Capesize rates saw support from stronger volumes from East Australia and the Pacific with Brazil and West Africa seeing demand for LH December and January positions. Panamax markets were firmer with growing...

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