WTI

US farm markets were mixed this week, but mostly higher. Corn prices managed to hold steady this week, as December was down just 0,09%. The Soybean complex was mixed this week, as beans were up just 0,07%.  Soymeal was the factor this limited beans’ gains, as December contract was down 0,7%.  Soybean oil held the

China bought around 2 MMT of Australian wheat so far, out of total 5 MMT in sales made for the current crop which will be harvested Nov-Dec. They have reportedly also canceled several cargoes of French wheat given the quality.

All grains prices were in the green again yesterday. Corn prices rose 0.7%. Soybeans saw much more modest gains of around 0.15%. Chicago wheat contracts were up 1.7%. Kansas wheat contracts, trended 1.98% higher. Minneapilis wheat contracts added 0.88%. Wheat prices jumped on a round of technical buying spurred largely by North American production concerns

According to the US Department of Agriculture, US weekly wheat net sales, for the period September 10 – 16, 2021, were at 355,900 metric tons (MT). That were down 42 percent from the previous week, but up 1 percent from the prior 4-week average. Increases primarily for the Philippines (126,600 MT, including decreases of 600

Algeria ’s state grains agency OAIC is believed to have purchased durum wheat in a tender which closed on this morning. The volume bought was unclear but initial trade estimates were between 300,000 tonnes to almost 500,000 tonnes. More details are possible later. The durum was expected to be sourced mostly from Mexico with some

US farm markets were all firmed yesterday. Corn prices rose 1.5%. Soybean gained nearly 0.7%. Most wheat contracts gained between 1.75% and 2.25%. On macro markets, oil prices rose on this morning, extending strong gains overnight, as fuel demand growing and US crude stocks declining as production remains hampered in the U.S. Gulf of Mexico

US farm markets were mixed yesterday, after losses in Monday’s session. Corn prices continued to fade shading another 0.88%. Soybeans tacked on double-digit gains, in contrast, gaining 0,91%. Wheat prices, on their part, landed in the red, with most contracts losing between 0.75% and 1.5%. On macro markets, oil prices climbed more than 1% on