Good morning Farmer Family … US farm markets moved higher on Thursday. Corn after a four-session losing streak, found some buyers, which pushed the market back up by 0.85%. Soybeans following the announcement of two large flash sales, closed with double-digit gains, or around 1.4% higher from previus session. Meal rallied the strongest of the complex […]
Good morning Farmer Family … US farm markets, were mixed but mostly higher yesterday. Corn moved modestly higher, up 0.87%, after hitting their highest in nearly two months. Soybeans also tried to push higher but ultimately failed, closing with 0.38% losses, after rallying to a three-week high during the overnight trading session. Even soybean meal
WASHINGTON – May 26, 2022 Per latest data from the US Department of Agriculture, wheat export sales for the period May 13-19, 2022 and delivery in 2021/22 season saw a net reductions of 2,300 metric tons (MT). That was a marketing-year low. That was down noticeably from the prev. week and from the prior 4-week
US farm markets posted another round of strong prices this week. On Feb. 9, USDA released its monthly World Agricultural Supply and Demand Estimates (WASDE), making more cuts to South American crop production due to dry conditions. US Thursday’s monthly inflationary number for January at 7.5 percent was the highest since February of 1982 and above
ASX wheat September contract up A$4/t to A$350/t; Chicago wheat December contract up US0.75c/bu to 775c/bu; Kansas wheat December contract down 5.75c/bu to 749.25c; Minneapolis wheat December contract down 2.5c/bu to 927c; MATIF wheat December contract down €2.75/t to €251.50/t; MATIF corn November contract down €2.25/t to €219.50/t; Chicago corn December contract was down 4.25c/bu
Russian wheat prices rose sharply last week. According to IKAR, indeed, #Russian wheat with 12.5% protein loading from Black Sea ports for supply in August was at $287 a tonne free on board (FOB), up $20 from the previous week. According to SovEcon, Russian wheat price was at $286 per tonne with an increse by
Good morning Farmers Family. Today our Monday report, the “LAST WEEK MARKET COMMENT”, will not be released, due to the mid-August holiday celebrated yesterday. Stay tuned and don’t miss the latest news, thanks to our “Daily International Grain Market View” which will be released regularly tomorrow in the morning.
ASX wheat September contract was up A$9/t to A$346/t last Friday; Chicago wheat December contract up US9.5c/bu to 774.25c/bu; Kansas wheat December contract up 4.25c/bu to 755c; Minneapolis wheat December contract up 10.5c/bu to 929.5c; MATIF wheat December contract up €5.50/t to €254.25/t; MATIF corn November contract was unchanged to €221.75/t; Chicago corn December contract was down
All US grain prices were down this week as harvest accelerated in some states and welcome rain fell in the Northern Plains states. Corn futures were back down 10.56% in September this week. Wheat futures followed suit with the rest of the grain market this week, with Chicago leading the three exchanges, down 5.78%. KC
Algeria’s state grains agency OAIC, in today’s international tender, has purchased only 30,000 tonnes of millingwheat at $288 a tonne c&f. The origins are optional, while the shipment is to two ports only: Mostaganem and/or Tenes. The wheat was sought for shipment in three periods from the main supply regions including Europe: Aug. 1-10, Aug.