Soybean exports for the week of Mar. 2 slowed down by 34 percent from the previous week, putting accumulated shipments at 42.1 MMT (1.5 billion bushels). March started with soybean export volumes to China down by 36 percent week over week. China’s share of [...]
Tune in to McKeany-Flavell's Hot Commodity Podcast Series! If you want to become more familiar with the world of commodities and empower yourself with market knowledge, the Hot Commodity podcast has what you’re looking for. Join us as we discuss fundamental and technical factors [...]
Environmental and economic factors have continued to affect the soybean market. May-23 soybeans fell from their peak to close the week at about $0.70 above year-ago values, and soybean oil futures continued their multi-week slide. NOPA soybean crush was 165.4 million bushels in February, [...]
U.S. 2022/23 corn exports saw their strongest week to date during the week of Mar. 2, with over 1.05 MMT shipped. Sales were also good, at 1.41 MMT. Total commitments stood at 30.65 MMT (1.21 billion bushels). High exports during the week of Mar. [...]
The U.S. exported over 666,250 MT (dry weight) of HFCS-55 to Mexico last year, about the same volume as exported in 2021 and 86 percent of total 2022 HFCS-55 exports. On a per-pound basis, HFCS-55 exports to Mexico in 2022 averaged higher than 2021’s [...]
Corn prices continue to fall as crop forecasts are cut and recessionary fears influence the market. Corn futures slid further this week, with the May 23 contract falling. Corn export sales were sizable last week, though this comes as USDA lowered the export estimate [...]
Soybeans are an important and widespread oilseed crop in the U.S., due, in part, to soybean byproducts. Soybean meal serves as feedstock for livestock and soybean oil can be converted into biodiesel and renewable diesel. Biodiesel and renewable diesel differ in their refining process, [...]
On Wednesday, April 26, 2023, McKeany-Flavell is hosting our annual Spring Market Seminar! This yearly seminar has been illuminating the world of commodity markets since 2015. Join us as we uncover the motivations behind market developments in corn and corn wet milling, sugar, edible [...]
