sustainabledevelopment

USDA December WASDE report tipically is never been notorious for shaking up grain prices. However, yesterday data put a dent into wheat prices, as showed higher ending stocks and an expected drop in US exports.  Thus, CBOT wheat futures tumbled 2,23%. KC HRW fell 1,91%. MPLS spring wheat shedded 1,26%. Corn and soybeans were spared […]

According to the USDA, the outlook for 2021/22 U.S. wheat this month is for slightly lower supplies, unchanged domestic use, reduced exports, and higher ending stocks. Supplies are lowered, on decreased imports with a weaker-than-expected pace for Hard Red Spring (HRS). Exports are lowered 20 million bushels to 840 million on slowing export sales and

US farm markets, were mixed once again yesterday, as traders finished squaring positions ahead of today’s WASDE, partially shrugging off other news come in the process.  Thus, corn prices were marginally up despite a very large export sale to Mexico, gaining only 0,21%.  Soybeans showed an upside trend, closing the session with more than 0.86%

US farm markets were mixed yesterday, but mostly higher. Traders, indeed, are on the lookout for new fundamental news that may will arrive only tomorrow morning after USDA’s December World Agricultural Supply and Demand Estimates (WASDE) report. As for wheat, farmer sentiment continues on its recent downward slide, according to the latest readings from the Ag