WTI

According to the US Department of Agriculture, all wheat production totaled 1.65 billion bushels in 2021, down 10 percent from the 2020 total of 1.83 billion bushels. Area harvested for grain totaled 37.2 million acres, up 1 percent from the previous year. The United States yield was estimated at 44.3 bushels per acre, down 5.4 […]

The US marketing year for corn and soybeans is finished and a thorough review of the balance sheet was completed. Per latest data released on this morning by the US Department of Agriculture, U.S. corn production for 2020 is revised down 71.0 million bushels and U.S. soybean production is revised up 80.8 million bushels from

According to the US Department of Agriculture,  US weekly wheat net sales, for the period September 17-23, 2021, were at 290,100 metric tons (MT), down 19% from the previous week and 30% from the prior 4-week average. Increases primarily for Japan (51,500 MT, including decreases of 5,700 MT), Taiwan (49,600 MT), Nigeria (44,700 MT, including 44,000 MT switched from

US grain prices were mixed but mostly higher yesterday. Traders are expecting to see shrinking US supplies in USDA’s next quarterly grain stocks report, out on this morning. Thus corn prices saw the biggest bounce, trending 1.25% higher by the close. Soybeans trended 0.5% higher, meantime. Winter wheat contracts rising between 0.6% and 1%. Spring

EU Oilseeds Exports/Imports update

EU Grain Exports/Imports Update

Grain prices were back in the red yesterday due to unfavorable macroeconomic factors (including falling energy prices and a rising U.S. Dollar) and a healthy harvest pace. Thus corn prices dropped about 1.25%. Soybeans and wheat contracts faced double-digit drops with soybeans that fell 0,81%. Chicago and Kansas wheat contracts tumbled around 2,18%. Minneapolis sheded

The Nasdaq tumbled more than 2.5% on this morning after US weaker-than-expected consumer confidence data, while technology heavyweights took a hit from a surge in bond yields on expectations of higher interest rates and a rising inflation. Thus, at 11:56 a.m. ET, the Dow Jones Industrial Average was down 489 points, or 1.40%, at 34,380,