soybeans

According to the US Department of Agriculture, US weekly wheat  export sales, for the period October 22-28, 2021, were at  400,100 metric tons (MT). That were up 49% from the previous week and 4% from the prior 4-week average. Increases primarily for Mexico (101,400 MT, including decreases of 26,000 MT), South Korea (50,000 MT), Taiwan (48,400 MT), unknown destinations (31,700 MT), and Japan (30,300 MT), were offset by […]

US farm markets finished Wednesday’s session mostly lower.  A large sell-off swept grain and energy commodities. Yesterday all eyes were on the Fed’s decisions which weighed heavily on investor sentiment. Spillover weakness from tumbling energy prices also factored into the mix.  The Chinese government’s warning to its citizens to start stockpiling food for the winter

Russian fertilizer export controls are now official.In fact, according to a statement of the Prime Minister Mikhail Mishustin during a televised government meeting on this morning, Russia will impose a six-month quota on some fertilizer exports to safeguard local supplies and limit costs for farmers.Russia’s decision arrived after President Vladimir Putin urged measures to ensure supplies for local farmers. That, however,

On Tuesday, US farm markets closed mixed. Corn prices tried to extend the rally into Tuesday, but by midday prices turned red. Thus new crop December closed down 1,04% at $5.73. Soybean prices initially started Tuesday’s trading with gains before slipping into midday.  However, in the afternoon session, action then rallied prices back by 0,62%