Weather risk premium reenters soy complex

Spot soybean futures rose 30 cents last week. New-crop soybean futures continued to hover near two-year lows. Soybean oil prices rose about 1.5 cents per pound last week. Argentina’s low soybean crop projections are falling [...]

U.S. sorghum, barley, & oats supply to increase in the 2023/24

Feed grains range from corn, sorghum, oats, barley, and rye, to millet with corn influencing the global outlook of total feed grains. The four major feed grains in the U.S. remain corn, sorghum, barley, [...]

USDA debuts 2023/24 world oilseed forecasts

Global oilseed trade is forecast to increase 1 percent due to soybean import demand offsetting lower rapeseed and sunflower seed imports. Slowing economic growth in China and the EU, growing domestic oilseed production, and [...]

Black sea agreement pressures grains

Jul-23 corn futures dropped significantly last week, settling Friday at the contract’s lowest value since October 2021. Futures settled below the lower Bollinger Band for the last three sessions. Last week’s decline partly reflected weak [...]

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