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 and fundamental factors

  • Informa expects U.S. soybean acres at 88.6 million acres, at or just above current market expectations ahead of this week’s Prospective Plantings report.

Weather, macro indicators, and news

  • Commodity index funds have seen a significant rise in long positions since the Russian invasion, nearing the 2010 peak of around 950,000 contracts net long for corn, soybeans, and wheat.

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Source: 123rf.com
Posted by: Information Services
Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.