April AJC imports near 46 million SSE gallons

The U.S. imported 45.8 million single-strength-equivalent gallons of apple juice during April, up 41 percent from March and up 12 percent from a year ago. Importers may have playing catchup after business with China declined sharply during China’s COVID shutdown: 65 percent of apple [...]

Optimism wins last week, pulling soy complex prices higher

Soybeans ended last week strongly, with July-20 futures up by almost $0.30 per bushel. Optimistic signs of additional Chinese buying and weakening of the U.S. dollar offered hope of additional export demand. The market is preparing for Thursday’s WASDE without too much fanfare anticipated [...]

Soybean market gets a boost from weather, China

Soybean futures closed on Friday, May 8, with a 14-cent increase on the week as the market took notice of Chinese trade discussions and potential early weather issues. Beans are off to a quick start in terms of planting progress given the favorable weather [...]

Corn futures weak as plantings progress nicely

May-20 corn futures ended last week down a few cents, around $3.11 per bushel. The contract tested the $3 mark on Tuesday for the second time in the last two weeks but was unable to break through psychological support. Plantings are progressing quickly, and [...]

Soybean export sales slide lower

Net soybean export sales for the week of Feb. 13 were 494,277 MT, down 23 percent week over week. Reductions were minimal for the second week in a row. China’s soybean purchases fell to just 11,500 MT, and the country’s outstanding sales were only [...]

Oil prices slide as OPEC wrestles with production cuts

Oil prices have dropped by more than 20 percent since the start of this year and are retesting lows not seen since December 2018. Crude sunk to new contract lows in February, reaching beyond one-year lows on concerns of slower global economic growth, pressured [...]

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