It was another rough day in the market trade on Friday as we wrap up a brutal week in the markets. The bearish freight train continued as we saw heavy selling pressure in soybeans, wheat […]
Well volatility came as advertised on Thursday as we had the release of USDA’s Quarterly Grain Stocks and June Acreage reports along with the end of the month and a holiday weekend coming up. Outside […]
We saw fairly uninspired and unimpressive sales on the Weekly Export Sales report this week. Wheat net sales of 496,700 metric tons (MT) for 2022/2023 primarily for the Philippines, Brazil and Mexico the top three […]
The U.S. Energy Information Administration released fuel supply-and-demand data for the last two weeks today, due to systems issues that were experienced last week. The Renewable Fuels Association’s analysis of the EIA data for each […]
Grains were mostly higher on the day Tuesday, led by the soy complex which was higher in beans and products on the day. Meal is threating to break out of a triangle chart pattern while […]
On Monday, we saw pressure continue in corn and wheat markets while the soy complex found some strength on the day. Weather continues to play a factor with the forecast this week calling for cooler […]
After a rough week in the commodity markets, we saw corn and the soy complex rebound some on Friday to head into the weekend. Soybean oil led on the rally in crude oil while new […]
On this week’s Weekly Export Sales report, we saw a marketing year low for old crop soybeans while corn exports were up noticeably from last week. Soybean net sales of 29,300 MT for 2021/2022–a marketing-year […]
The incredible sell-a-thon that hit the grain and soy markets continued Thursday, with previously firm soy meal joining the “any port in a storm” type selling. The Federal Reserve says without compelling evidence that inflation […]
Following Tuesday’s grain and soy freefall, soybeans and bean oil continued to fall Wednesday, pressured by the collapse in world veg oil markets, the plunge in crude oil and fears of an impending recession. Soy […]