Feed Grains
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
Soy & Oilseeds
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
Wheat
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
Livestock
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Red Meat Exports
In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Market Commentary: Wheat, Corn Rally on Weather Worries; Cattle Consolidate but Beef Rallies
The CBOT turned higher on Tuesday with wheat leading the way. Wheat turned higher overnight and started the broader CBOT rally as traders are increasingly concerned about the Black Sea weather, and, to a lesser extent, the EU and U.S. forecasts as well. Too, wheat saw more action as it is where...
Red Meat Exports
In Q1, U.S. pork exports to Mexico grew by 11 percent year-over-year according to the U.S. Meat Export Federation (USMEF). That’s despite U.S. exports hitting a record $2.6 billion in 2024. According to USMEF, pork consumption in the country has increased more than 50 percent over the las...
Livestock Industry Margins
Meat packer margins improved for the first time in several weeks last week with gains in beef and pork prices offsetting gains in market animal values. Beef packer margins improved by $17/head last week but remain at their second-lowest levels in the past 15 years due to high fed cattle costs...
Biofuels
Policy Quick Hits
The following is a rundown of some key issues impacting agriculture: Reconciliation: The reconciliation bill passed through the Agriculture Committee on a party line vote, 29 to 25. All the amendments offered also passed by the same party line vote. The bill would cut the Supplemental Nutrition...
Market Commentary: Corrections from Oversold/Overbought, Big Crops, Facts and Rumors
There was again a lot to unpack in today’s trade action, and not all of it was pretty. Big Crops: There is no getting around the fact that favorable weather for the most part is leading to big crops. Conab raised its soybean estimate to 169 MMT, now just 1 MMT below USDA. The Wheat Qualit...
Market Commentary: Tax Credit Hopes Bouy Soyoil; Wheat Gains on Weather; Cattle Turn Bearish
Weather and Congressional tax policy were at the forefront of futures traders’ minds on Wednesday and these two factors drove much of the day’s price action. The weather outlooks – favorable for the Corn Belt and dry for the Southern Plains, Europe, and Black Sea – creat...
Policy Quick Hits
The following is a rundown of some key issues impacting agriculture: Reconciliation: The reconciliation bill passed through the Agriculture Committee on a party line vote, 29 to 25. All the amendments offered also passed by the same party line vote. The bill would cut the Supplemental Nutrition...
Market Commentary: Corrections from Oversold/Overbought, Big Crops, Facts and Rumors
There was again a lot to unpack in today’s trade action, and not all of it was pretty. Big Crops: There is no getting around the fact that favorable weather for the most part is leading to big crops. Conab raised its soybean estimate to 169 MMT, now just 1 MMT below USDA. The Wheat Qualit...
Market Commentary: Tax Credit Hopes Bouy Soyoil; Wheat Gains on Weather; Cattle Turn Bearish
Weather and Congressional tax policy were at the forefront of futures traders’ minds on Wednesday and these two factors drove much of the day’s price action. The weather outlooks – favorable for the Corn Belt and dry for the Southern Plains, Europe, and Black Sea – creat...
Market Commentary: Wheat Reverses Course; Soyoil Rallies on Possible Tax Extension
The CBOT was mixed trade Tuesday following the May WASDE and USDA’s first complete look at the U.S. and world 2025/26 balance sheets. With the WASDE’s numbers now incorporated into futures prices the trade began looking for “what’s next”, which for corn meant a bea...
Farm Inputs
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...
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...
CFTC COT Report Analysis
The CFTC report was in line with expectations again as it showed funds still engaged in the expected buying in corn and across the soy complex. Funds expanded their long position in corn by 7 percent and are now just about 17,000 contract shy of their seasonal record long position. Funds were n...
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...
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...
CFTC COT Report Analysis
The CFTC report was in line with expectations again as it showed funds still engaged in the expected buying in corn and across the soy complex. Funds expanded their long position in corn by 7 percent and are now just about 17,000 contract shy of their seasonal record long position. Funds were n...
CFTC COT Report Analysis
The major theme of the latest CFTC report is funds paring back risk in corn and the soy complex heading into the December WASDE report and/or the holiday season. Corn’s range-bound trade these past two weeks prompted funds to shed 13 percent of their long position in the market and have liquida...
Equities
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
Summary of Futures
Jul 25 Corn closed at $4.435/bushel, down $0.05 from yesterday's close. Jul 25 Wheat closed at $5.25/bushel, down $0.0775 from yesterday's close. Jul 25 Soybeans closed at $10.5/bushel, down $0.0125 from yesterday's close. Jul 25 Soymeal closed at $291.9/short ton, down $4.5 f...
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
Summary of Futures
Jul 25 Corn closed at $4.435/bushel, down $0.05 from yesterday's close. Jul 25 Wheat closed at $5.25/bushel, down $0.0775 from yesterday's close. Jul 25 Soybeans closed at $10.5/bushel, down $0.0125 from yesterday's close. Jul 25 Soymeal closed at $291.9/short ton, down $4.5 f...
Summary of Futures
Jul 25 Corn closed at $4.455/bushel, up $0.03 from yesterday's close. Jul 25 Wheat closed at $5.2475/bushel, up $0.075 from yesterday's close. Jul 25 Soybeans closed at $10.7775/bushel, up $0.0525 from yesterday's close. Jul 25 Soymeal closed at $291.9/short ton, down $1.4 fro...
Energy
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
CFTC COT Report Analysis
Friday’s CFTC report showed that managed money traders are becoming split on their views for the grains and oilseeds complexes going forward. Funds were bearish grains as they sold a combined 120,000 contracts in corn and all three classes of wheat futures while buying 23,000 contracts ac...
Summary of Futures
Jul 25 Corn closed at $4.545/bushel, up $0.07 from yesterday's close. Jul 25 Wheat closed at $5.46/bushel, up $0.17 from yesterday's close. Jul 25 Soybeans closed at $10.53/bushel, up $0.0225 from yesterday's close. Jul 25 Soymeal closed at $292.6/short ton, up $1.5 from yeste...
Summary of Futures
Jul 25 Corn closed at $4.475/bushel, up $0.04 from yesterday's close. Jul 25 Wheat closed at $5.29/bushel, up $0.04 from yesterday's close. Jul 25 Soybeans closed at $10.5075/bushel, up $0.0075 from yesterday's close. Jul 25 Soymeal closed at $291.1/short ton, down $0.8 from y...
CFTC COT Report Analysis
Friday’s CFTC report showed that managed money traders are becoming split on their views for the grains and oilseeds complexes going forward. Funds were bearish grains as they sold a combined 120,000 contracts in corn and all three classes of wheat futures while buying 23,000 contracts ac...
Summary of Futures
Jul 25 Corn closed at $4.435/bushel, down $0.05 from yesterday's close. Jul 25 Wheat closed at $5.25/bushel, down $0.0775 from yesterday's close. Jul 25 Soybeans closed at $10.5/bushel, down $0.0125 from yesterday's close. Jul 25 Soymeal closed at $291.9/short ton, down $4.5 f...
Softs
CFTC COT Report Analysis
Friday’s CFTC report showed that managed money traders are becoming split on their views for the grains and oilseeds complexes going forward. Funds were bearish grains as they sold a combined 120,000 contracts in corn and all three classes of wheat futures while buying 23,000 contracts ac...
CFTC COT Report Analysis
Friday’s CFTC report highlighted funds’ increasingly bearish view on ag commodities with managed money traders emerging as net sellers across the major grain and oilseeds futures. Funds’ net position across the soy complex, corn, wheat, and livestock futures fell 30 percent la...
CFTC COT Report Analysis
Friday’s CFTC report showed that funds continue to lean bearish the ag space with money managers either paring back longs or expanding shorts. The only exceptions to the bearish trend was the continued buying in the livestock complex and, in a bit of a switch from recent trends, across th...
CFTC COT Report Analysis
Friday’s CFTC report showed that managed money traders are becoming split on their views for the grains and oilseeds complexes going forward. Funds were bearish grains as they sold a combined 120,000 contracts in corn and all three classes of wheat futures while buying 23,000 contracts ac...
CFTC COT Report Analysis
Friday’s CFTC report highlighted funds’ increasingly bearish view on ag commodities with managed money traders emerging as net sellers across the major grain and oilseeds futures. Funds’ net position across the soy complex, corn, wheat, and livestock futures fell 30 percent la...
CFTC COT Report Analysis
Friday’s CFTC report showed that funds continue to lean bearish the ag space with money managers either paring back longs or expanding shorts. The only exceptions to the bearish trend was the continued buying in the livestock complex and, in a bit of a switch from recent trends, across th...
Cocoa Market Outlook: Prices Set to Cool as Production Increases
The outlook for the last half of the 2024/25 cocoa market is dominated by generally favorable weather and upward revisions to production estimates. Demand remains a major focal point as well with the U.S. tariffs and recession risk likely to upend consumption in the world’s second biggest...
Macroeconomics
Crunch Time; Miscellaneous
Crunch Time The “Big Beautiful Bill” providing the tax cut extensions sought by President Trump is supposed to be passed by the U.S. House by Memorial Day. The President told House Republicans today that they should not cut Medicaid, and they should not raise the cap on deducting st...
Fake is Out
Health and Human Services Secretary RFK, Jr. wants to stop demand for fake food colorings and Americans are slowing demand for fake food products. The demand for plant-based milks skyrocketed in percentage terms just a few years ago. Farm state politicians rushed to regulate the use of the word...
I Don’t Care; Rebalancing U.S. – Japan Trade
I Don’t Care That is likely President Trump’s attitude toward the WTO General Council’s castigation of his tariff war. Understandably, WTO members believe the complete flaunting of its rules by the U.S. undermines the entire organization. Both China and the EU want the U.S. na...
Crunch Time; Miscellaneous
Crunch Time The “Big Beautiful Bill” providing the tax cut extensions sought by President Trump is supposed to be passed by the U.S. House by Memorial Day. The President told House Republicans today that they should not cut Medicaid, and they should not raise the cap on deducting st...
Fake is Out
Health and Human Services Secretary RFK, Jr. wants to stop demand for fake food colorings and Americans are slowing demand for fake food products. The demand for plant-based milks skyrocketed in percentage terms just a few years ago. Farm state politicians rushed to regulate the use of the word...
I Don’t Care; Rebalancing U.S. – Japan Trade
I Don’t Care That is likely President Trump’s attitude toward the WTO General Council’s castigation of his tariff war. Understandably, WTO members believe the complete flaunting of its rules by the U.S. undermines the entire organization. Both China and the EU want the U.S. na...
Moody’s Downgrades U.S. Debt
On Friday, Moody’s downgraded the U.S, credit worthiness and warned about rising levels of government debt and a widening budget deficit, cutting its U.S, credit rating by one notch to AA1. Moody’s was the last of the Big Three agencies to downgrade the U.S. from a triple-A rating.&...
Pulses
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...
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...
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...
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...
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...
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...
Indian Subcontinent Regional Analysis
Sugar Production Estimates Lowered Based on new satellite survey data from the Indian Sugar Mills Association’s (ISMA’s) satellite survey of sugarcane plantings, the sugar production estimate has been decreased from 31.5 MMT to 30.7 MMT. That is 4.3 MMT or 12.28 percent lower than t...
Freight
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Freight Market Updates and WPI Freight App
Transportation and Freight Market Comments Dry Bulk Markets Dry bulk markets continue to drift sideways or lower as they wait for improved cargo demand. This past week saw continued limited cargo demand and vessel owners are trying defend rates while buyers bring unmotivated inquiries. Th...
FOB Prices and Freight Rates App (Updated 9 May)
Transportation and Freight Market Comments - 9 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets saw little action this past week with China on a 5-day Labor Day holiday. Between the Chinese holiday, uncertainty on the global economic outlook for the next 6 months, cargo deman...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Bangladesh is expected to have a record maize crop in 2025 due to increases in planting maize versus wheat or rice. Total maize planting area is up by close to 7 percent which could see the maize crop reach a record of 5.1 MMT &nd...
Freight Market Updates and WPI Freight App
Transportation and Freight Market Comments Dry Bulk Markets Dry bulk markets continue to drift sideways or lower as they wait for improved cargo demand. This past week saw continued limited cargo demand and vessel owners are trying defend rates while buyers bring unmotivated inquiries. Th...
FOB Prices and Freight Rates App (Updated 9 May)
Transportation and Freight Market Comments - 9 May 2025 By Matt Herrington Dry-Bulk Ocean Freight Dry bulk markets saw little action this past week with China on a 5-day Labor Day holiday. Between the Chinese holiday, uncertainty on the global economic outlook for the next 6 months, cargo deman...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Iran’s 2025 wheat production is being hurt by very dry weather. Rainfall up to February 2025 was much below average but did improve in March. However, Iran does have reasonable wheat stocks due to the good 2024 crop and whea...