As of Mar. 1, 2020, U.S. corn stocks were just over 7.95 billion bushels, down roughly 8 percent YOY and below trade expectations. A stocks figure under the industry estimate may suggest that 2019/20 production was lower than reported. Soybean stocks were just over [...]
For the week of Mar. 19, net U.S. 2019/20 soybean export sales were 904,340 MT, the highest weekly sales since mid-December. China’s orders, at 199,316 MT, helped lift orders out of their recent range. Purchases by unknown destinations (often China) were also very high [...]
Waffle House restaurants have a reputation as a hardy breed: The average Waffle House is unfazed by bad weather that shutters other restaurants. Even after all but the worst disasters, Waffle Houses are usually open right after with little effect other than perhaps taking [...]
The COVID-19 pandemic and the accompanying price collapse across commodities comes as no surprise, and some longer-term implications can already be discerned with a little bit of digging. The rolling nearby contract for natural gas has fallen 25 percent on the NYMEX Apr-20 contract [...]
Brazil’s 2019/20 center-south sugarcane crush campaign will end this month and the 2020/21 campaign will begin in April. For the current campaign, total crush bested last year’s pace at 582.9 MMT of cane through mid-March, up 3 percent YOY, per UNICA. With the sugar [...]
Pricing for solid or powdered CBD (known as CBD isolate) has aligned at an average price of $1,500 per kilogram across four major reporting regions, per The Jacobsen. Pricing has continued to trend downward as farmers across the U.S. elect to plant more hemp. [...]
Growing up, when we kids got a scrape or cut, the playground advice was “Rub some dirt on it” to stop the blood. But then mom always had the hydrogen peroxide or rubbing alcohol to clean it. Kids never thought much about disinfectants, other [...]
U.S. honey production was around 156.9 million pounds in 2019, up 2 percent from 2018 but down 2 percent from the previous five-year average of 160 million pounds. Honey stocks as of Dec. 15 were 41.0 million pounds, up 40 percent year over year. [...]
