MarketsFarm — Parts of the U.S. Department of Agriculture’s latest world agriculture supply and demand estimates (WASDE) have “caught the trade off guard,” according to one trader. In its report, […] Read more
Corn
CBOT weekly outlook: World wheat output seen lower than expected
Major grain traders face one-two punch from U.S. floods, trade war
Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a […] Read more
U.S. grains: Soy, corn, wheat firm ahead of USDA monthly data
Chicago | Reuters — U.S. soybean, corn and wheat futures closed higher on Wednesday as traders adjusted positions a day before a monthly U.S. Department of Agriculture (USDA) report in […] Read more
Feed weekly outlook: Grain prices back off previous highs
MarketsFarm — Feed barley prices have come down from June highs, which saw prices around $300 per tonne. Currently, feed barley is around $275-$280 as market participants anticipate arrival of […] Read more
Fund short position grows in canola
MarketsFarm — Speculators were actively adding to their short positions in the ICE Futures canola market during the holiday week ended July 2, according to Monday’s commitment of traders (CoT) […] Read more
U.S. grains: Wheat, corn down on crop conditions, weather
Chicago | Reuters — Chicago corn and wheat futures settled down on Tuesday after the U.S. Department of Agriculture (USDA) raised its condition ratings for both grains and more crop-friendly […] Read more
U.S. refiners urge EPA to keep biofuel waiver requests secret from USDA
Washington | Reuters — A law firm representing small U.S. refineries has urged the Environmental Protection Agency to keep refiners’ applications for waivers from the nation’s biofuel policy secret from […] Read more
U.S. grains: Corn, soy higher after choppy day amid hot forecasts
Chicago | Reuters — Chicago corn and soybean futures settled higher on Monday after a seesaw trading session. Analysts blamed the choppy day on forecasts for hot and dry weather […] Read more
Analysts predict wild ride in meat, grain markets
‘We’ve never experienced a year like this,’ say analysts about the pork, corn market
Buckle your seatbelts and get ready for a wild ride in meat and grain markets in coming months, analysts told the Global Hog Industry Virtual Conference. The meat market may […] Read more
U.S. EPA proposes hike in 2020 biofuel mandate
Washington | Reuters — The U.S. Environmental Protection Agency (EPA) on Friday proposed refiners increase the volume of biofuels blended into their annual fuel output but did not reallocate the […] Read more
Cyber-Savvy Farmer
