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First positive results from Global Dairy Trade auction in months

By |August 31, 2021|Categories: Dairy & Eggs, Market Prices|Tags: , , , , , |

The Aug. 17 Fonterra Global Dairy Trade (GDT) auction showed the first gain in overall product prices since April, albeit only a modest 0.3 [...]

U.S. palm/palm kernel oil use holding onto 2020 boost

By |August 26, 2021|Categories: Edible Oils, Energy|Tags: , , , , , , |

U.S. edible oils processors increased consumption of refined palm and palm kernel oils starting in June 2020, around the time that use of soybean [...]

Sugar policy updates: Added raw TRQ, repeat of one-month extension

By |August 24, 2021|Categories: Sugar|Tags: , , , , , , , |

USDA announced an additional raw tariff-rate quota (TRQ) of 90,100 MT raw value (MTRV) for the current 2020/21 year. The move is not surprising, [...]

Corn futures dipped 6% last week

By |August 23, 2021|Categories: Corn & Soy Complex, Energy, Ethanol|Tags: , , , , , , |

Futures activity Along with nearly all other commodity markets, corn futures experienced a sharp sell-off last week as pandemic concerns stoked fear and prompted [...]

Moderate to extreme drought for 44 percent of contiguous U.S.

By |August 20, 2021|Categories: Corn & Soy Complex, Weather, Wheat|Tags: , , , , |

NOAA reported that 37 percent of the contiguous U.S. was under conditions of severe to extreme drought in July (Palmer Drought Index), about unchanged [...]