Futures activity Corn futures pushed back up last week to above $8 per bushel. Jul-22 futures rose 24 cents per bushel, from $7.89 to $8.13. S&D and fundamental factors Chinese purchases of U.S. corn continue as exports out of Ukraine remain concerning for the [...]
Led by cereals, vegetable oils, and dairy, all FAO food price subindexes were up in September. Though gains were modest, the aggregate Food Price Index (FPI) still rose over 1 percent from August. (All values are adjusted for inflation.) The FPI showed monthly gains [...]
During the week ending Feb. 12, Brazil’s soybean harvest advanced to 9 percent complete, up 5 points on the week but about 11 points below the five-year average. More rain is expected in northern Brazil before March, which would further delay harvest. However, less [...]
In the week after the November WASDE, we saw corn inch up and close the week up 13 cents, rising from $4.10 to $4.23 per bushel on the nearby contract. The modest rally was fueled by another strong week for demand, South American weather, [...]
