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Food inflation continues with CPI up 0.8 percent in August

By |September 30, 2022|Categories: Corn & Soy Complex, Dairy & Eggs, Edible Oils, Livestock & Poultry, Market Prices, Sugar, Wheat|Tags: , , , , , |

USDA reported food inflation of 0.8 percent in August, putting prices last month up 11.4 percent YOY. Year to date, all food inflation is [...]

NY cocoa rebounds off Monday’s new contract low

By |September 29, 2022|Categories: Cocoa & Chocolate|Tags: , , , , , |

On Friday, Sep. 26, the most active Dec-22 NY cocoa contract closed below the lower Bollinger Band and prior retracement support below $2,290. The [...]

Corn export sales see slow start to season

By |September 28, 2022|Categories: Corn & Soy Complex, Weather|Tags: , , , , , , , , , |

U.S. trade partners appear to be holding off buying 2022/23 corn: Sales were a mere 182,339 MT during the week of Sep. 15 (7.2 [...]

Fueled by unsustainable high dairy product prices, herd continues to grow

By |September 27, 2022|Categories: Dairy & Eggs, Market Prices|Tags: , , , , , , |

Monday’s USDA milk production reports for August showed an abundance of milk and dairy cows for the market to absorb. Not only were the [...]

Hurricane Ian may be Category-3 when it reaches U.S. Gulf Coast

By |September 26, 2022|Categories: Sugar, Weather|Tags: , , , , , |

Hurricane Ian is forecast to be the first named storm to make U.S. landfall this season. Meteorologists believe that Ian could be a Category-3 [...]

Ethanol production fell to 901,000 bpd last week

By |September 23, 2022|Categories: Energy, Ethanol|Tags: , , , , , , |

Production dipped to its lowest weekly rate since Feb. 26, 2021, when the average was 849,000 barrels per day. It was also the lowest [...]