U.S. certified cocoa bean stocks pick up, remain above year-ago levels
At the end of March, cocoa beans in U.S. certified storage were reported at 4.69 million bags, up nominally from levels in recent months [...]
Q1 cattle on feed up 1% YOY
Cattle (at feedlots) on feed as of Mar. 1 totaled 12.2 million head, up more than 160,000 head from March 2021 and the highest [...]
USDA March milk production report finally shows increase in herd
After eight months of contraction, the national herd finally showed signs of life and an increase of 3,000 head at the end of February. [...]
Soybean market eyes acreage report next week
Futures activity May-22 futures rose last week from $16.68 per bushel back above $17 dollars to $17.09 per bushel, reaching new contract highs. S&D [...]
Corn exports at one-month low
For the week ending Mar. 10, U.S. corn exports were about 1.3 MMT (51.2 million bushels), a one-month low and down 42 percent YOY. [...]
India’s sugar market: Balancing food use & fuel ethanol mandate
Through mid-March, India’s 2021/22 sugar production totaled 28.326 MMT, up about 9 percent YOY thanks to favorable pre-monsoon and monsoon rains last year. ISMA [...]
China continues to place orders for U.S. soybeans
U.S. soybean exports were a bit above the seasonal average last week, although nothing shocking. Sales remained strong, with China adding a net 395,540 [...]
Cocoa farmers welcome rain ahead of midcrops
Precipitation has returned across cocoa-growing regions of West Africa, marking the end of the harmattan season and several months of dry conditions. Throughout most [...]