Got milk? …Yes, plenty!
The past week brought two USDA dairy reports, both setting the stage for a staggering volume of milk and inventories of dairy products in months [...]
Europe Q4 2020 cocoa grind
ECA reported Q4 2020 European grind at 344,151 MT, down half a percent from Q3 and down just 3.1 percent YOY from Q4 2019 grind [...]
A wet start to South American soybean harvest
As of last week, soybean harvest in Brazil’s Mato Grosso was just over 2 percent complete, down about 12 points YOY and almost 10 [...]
Soybean exports rise ahead of shift to South American market
The U.S. exported a robust 2.38 MMT of soybeans during the week ending Jan. 14, including 1.35 MMT destined for China. Export pace did [...]
Corn market corrects on better weather in SA, speculative selling
Last week brought a market correction to corn futures, culminating with Friday’s significant sell down. Mar-21 corn futures closed the week just above the [...]
Global dairy strength propping up domestic market
In Fonterra Global Dairy Trade online auction events of the last two months, prices for dairy products have surged just over 16 percent. Last [...]
Almond shipments down month to month
Net U.S. almond shipments in December were about 256.9 million pounds, shelled and in-shell, down over 2 percent from November but up nearly 25 [...]
Q4 cocoa grind yield mixed result so far
A few weeks into 2021, we have seen the first grind results of Q4 2020. This figure corresponds to first quarter of the 2021 [...]