US farm markets saw all ag commodities moving sharply lower again, on Wednesday. Corn prices tumbled 5.30%. Soybeans lost 2.94%. The rest of the soy complex also faced noticeable cuts, as soymeal were down 1.35%, while soyoil trended 1.54% lower. Wheat prices also saw severe cuts once again, with Chicago SRW falling 4.27%, Kansas City […]
Daily Market Wire – June 29, 2023 Leggi tutto »
Good morning, Farmer Family … US farm markets were slashed, on Tuesday. Corn prices dropped 1.66%. Soybean prices crumbled by 3.05%, with soymeal eroding 2.39% lower, while soyoil was slashed 5.37%. Wheat prices also took a sharp turn lower, with Chicago SRW falling by 4.06%, Kansas City HRW tumbling 4.33%, and MGEX spring wheat prices losing
Grain Market View – Daily Update Leggi tutto »
Global markets eased on Thursday. Corn, soybeans and wheat followed a broad set of other commodities lower. Notably, Chicago wheat Mar contract was down US7.4 cents to 757.2c/bu; Kansas wheat Mar contract was down 17c/bu to 879c/bu; Minneapolis wheat Mar contract down 9c/bu to 917.2c/bu; MATIF wheat Mar contract was down €3/t to €291.75/t; Black
Daily Market Wire – February 10, 2023 Leggi tutto »
Good morning Farmer Family … US farm markets ended mixed but mostly lower on Friday, as a broad sell-off affected stock, energy and other commodity prices. Corn prices, indeed, trended 0.33% higher during the end week session, but soybeans eased by 0.15%. The soymeal market rallied to new contract highs, up 0.96%, meanwhile soybean oil faded
LAST WEEK MARKET COMMENT Leggi tutto »
US farm markets ended mixed but mostly lower, on Friday. A broad sell-off affected stock, energy and other commodity prices. Oil prices fell to over three-week lows, with Brent down 2.7%, and WTI 3.3% weaker for the session. Both benchmark posted a weekly drop as much as 7.9%. Global bond yields surged, undercutting stock prices,
Daily Market Wire – February 6, 2023 Leggi tutto »
US farm markets were mixed once again on Thursday. Corn prices faded about 1% lower. Soybeans rebounded nearly 1%, posting double-digit gains. Chicago wheat prices were slightly firm, while other wheat contracts suffered moderate losses. Both WTI and Brent benchmarks extended their losses. So far this week, Brent has dropped more than 5%, extending a
Daily Market Wire – February 3, 2023 Leggi tutto »
Good morning Farmer Family … US farm markets were mixed on Wednesday. Corn price settled with modest gains, as was up 0.18% on the session. Soybean prices took a double-digit tumble, closing 1.15% lower. Soymeal found afternoon strength and closed in the black with modest gains of 0.1%. Bean oil, meantime, was the weak link of
Daily International Grain Market View Leggi tutto »
Diverging markets on Wednesday. EU grain and oilseed prices eased about 1% across the board. US markets were mixed, as corn prices tested modest gains, soybean posted double-digit losses, down more than 1pc. Wheat prices were lightly mixed ranging from -0.2% to +0.63%. Both WTI and Brent benchmarks plunged more than 3%, after U.S. government
Daily Market Wire – February 2, 2023 Leggi tutto »
Good morning Farmer Family … US farm markets saw another mixed round yesterday. Corn prices attempted to move higher, but ultimately failed, closing with 0.59% losses. Soybeans were slightly more firm closing 0.18% higher, with soymeal settled 0.92% in the red, while bean oil prices rallied by 1.65%. Wheat prices rallied off the overnight weakness, and ultimately the
Daily International Grain Market View Leggi tutto »
Oilseeds and wheats pushed higher on Tuesday, while corn faded moderately lower. Oil prices gained more than 1% in both NY and London benchmark’s, and stocks on Wall St. also settled higher more than 1% on Fed-friendly U.S. economic reports. Notably, Chicago wheat Mar contract was up US8.6 cents to 761.2c/bu; Kansas wheat Mar contract
Daily Market Wire – February 1, 2023 Leggi tutto »
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