International dairy markets turn negative on the year
After showing surprising strength and resilience during Q1 2022, global dairy prices met resistance and have lost all YTD gains, turning net negative last [...]
Butter stocks surge as milk supply grows
Two major news releases from USDA on Tuesday, Feb.23, prompted a counterintuitive market reaction as prices firmed toward the end of the week. The [...]
Q4 cocoa grind yield mixed result so far
A few weeks into 2021, we have seen the first grind results of Q4 2020. This figure corresponds to first quarter of the 2021 [...]
CBD isolate pricing rises despite drop in sales
As of Dec. 21, average daily U.S. CBD isolate prices were at a five-month high and almost 10 percent higher than they were in [...]
September pineapple juice concentrate imports around average
The U.S. imported just under 12.0 million liters of pineapple juice concentrate in September, right around the average for the month that we’ve seen [...]
New York terminal squeeze escalates fight over LID
Commodity futures markets often exhibit what is known as carry structure or contango, which is the upward stairstep shape associated with the string of [...]
Soybeans retrace but find fundamental, technical support
Soybean futures plummeted after testing a multiyear high last Monday, as COVID-19 concerns led to a selloff in the equity and commodity markets. Friday’s [...]
Corn eases on harvest pressure, COVID-19 concerns
The corn rally may have peaked on Sep. 18 after going six consecutive weeks of higher week-over-week closes. Fears over coronavirus resurgence in Europe, [...]