Corn market quiet ahead of WASDE

The corn market is holding steady despite hits to its three major demand categories, weather variability, and political uncertainty. Mar-23 corn closed a bit higher this week, although, analysts expect global corn ending stocks to fall by about 2 MMT in this week’s WASDE [...]

FAO Food Price Index down for seventh straight month

Adjusted for inflation, FAO’s October Food Price Index (FPI) fell by 0.1 percent from August, the sixth straight monthly decline. Year on year, the index is up about 0.3 percent—a minor difference compared to the double-digit YOY growth seen from early 2021 through July [...]

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