USDA adjusts 2022/23 raw sugar quotas
In the March WASDE report, USDA reported the estimated shortfall in raw tariff-rate quota (TRQ) imports at 255,000 STRV (short tons raw value) for [...]
Current market dynamics for corn to linger into 2023
Futures activity Mar-23 futures settle at $6.6625 ahead of the holiday weekend. On Wednesday, Dec. 21, the contract settled above the 20-day moving average [...]
Not much world buying of U.S. soybean oil
The 2022/23 U.S. soybean oil export season has seen its slowest start to a marketing year since FAS began reporting weekly progress in 1990. [...]
Soy complex contends with divergent market scenarios
Futures activity The meal piece of the soy complex showed the greatest strength last week, with Jul-22 meal futures closing the week up $23 [...]
Yerba mate, an herb from the gods into a drink in your hand
Yerba mate is native to parts of South America and has been historically linked to the Indigenous people of that continent. Often referred to [...]
U.S. honey imports plummet under antidumping duties
In November 2021, the U.S. levied varying levels of anti-dumping duties on our top honey origins, effectively choking trade from Vietnam, Argentina, India, and [...]
Corn market trading on South American weather, awaits USDA reports
Futures activity Mar-22 corn futures ended last week up 3 percent at $6.06 per bushel, maintaining the recent trend above $6 per bushel. Prices [...]
South American weather keeps corn, soybean markets on edge
While most folks enjoyed the holidays, the grain markets, specifically corn and soybeans, experienced a notable late-year rally. Corn futures rose back above $6 [...]