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US farm markets, spilled back into the red yesterday. Corn prices were down 1.92%. Soybean prices down 1.57%.  Soymeal prices closed 1.75% weaker. Soybean oil futures ended the session 1.57% in the red.  The wheat complex was also hammered reporting double digits losses by the close.  In deed, CBOT SRW was down 1.45%.  KC HRW […]

According to the U.S. Department of Agriculture, wheat export sales for the period Dec. 31, 2021 – Jan. 6, 2022 were at 264,400 metric tons (MT).That was up noticeably from the previous week, but down 20% from the prior 4-week average. Increases primarily for the Philippines (50,000MT), Mexico (42,300MT, including decreases of 18,500MT), Algeria (33,000MT), Japan (26,800MT), and Jamaica (22,000MT), were offset by reductions primarily for

US farm markets were mixed but mostly lower following USDA’s highly anticipated World Agricultural Supply and Demand Estimates (WASDE) report, which the agency released yesterday late in the morning.  Corn prices wobbled and ultimately closed with losses of 0.33%. Soybeans were the session’s lone winner, moving more then 0.9% higher after USDA showed lower-than-expected South American