Dryness persists in Argentina & southern Brazil
As summer progresses in South America, hot and dry conditions in southern Brazil and in Argentina are challenging for corn and soybean crops, and [...]
Signs of weakness creeping into dairy market
After prices rallied sharply in November, the dairy market seemed dominated by bullish buyers and tight heifer supply. However, when the market is leaning [...]
India sugar production up 6% YOY, 2021/22 ethanol blend rate of 10%
Through mid-December, ISMA reports all India cumulative sugar production near 7.79 MMT, up 6 percent YOY and up nearly 25 percent from the five-year [...]
Soybean futures push higher
Futures activity Soybean futures have been rallying each day since Dec. 13, moving up nearly $1.00 per bushel over that period. Jan-22 futures closed [...]
Grain silos lose tops in devastating tornadoes
The recent series of tornadoes across the Midwest damaged some agricultural infrastructure, including barns, grain silos, livestock facilities, and machine sheds. In Iowa, reported [...]
WTO finding against India sugar subsidies; sugar futures update
A WTO panel has ruled that Indian sugar export subsidies from 2014/15 through 2018/19 were in violation of various world trade agreements. India has [...]
Coffee prices are boiling!
Early this month, continuous nearby ICE coffee futures reached a ten-year high of $2.5020 per pound, still below the 2011 $3.00-plus record. Costly freight [...]
Corn market begins pre-holiday wind-down
Futures activity Corn futures ended last week a bit stronger than they began with the Mar-22 contract closing at $5.93 per bushel, about 1.5 [...]