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Weekly market report for December 8, 2023

By |December 8, 2023|Categories: Cocoa & Chocolate, Corn & Soy Complex, Edible Oils, Sugar, Weekly Posts, Wheat|Tags: , , , , , |

The December 2023 WASDE balance sheet for corn remained unchanged from November’s numbers except for exports. USDA made an increase to the season’s corn [...]

USDA shows caution in November U.S. grain adjustments

By |November 9, 2022|Categories: Corn & Soy Complex, Wheat|Tags: , , , , , , , |

Today’s WASDE report delivered a few modest changes to the U.S. balance sheets for wheat, corn, and soybeans, leaving ending stocks a bit higher [...]

April soybean oil stocks a bit lower than expected

By |May 25, 2022|Categories: Corn & Soy Complex|Tags: , , , , , , , |

NOPA soybean crush and oil stocks figures for April came in below expectations. Ahead of the processor report, crush was anticipated to be around [...]

Changes for 2021/22 corn ethanol & soybean use in April WASDE

By |April 8, 2022|Categories: Corn & Soy Complex|Tags: , , , , , , , , |

In its April WASDE report, USDA made minimal changes to its existing forecast for corn but did adjust soybean use estimates. USDA did not [...]

Geopolitics, smaller Brazilian crop drive soy complex

By |March 14, 2022|Categories: Corn & Soy Complex|Tags: , , , , , , , , , |

Futures activity Nearing expiration, the Mar-22 soybean futures contract closed last week slightly higher than it began, at $16.9075 per bushel. Futures did manage [...]

Bullish WASDE & CONAB reports for soy complex

By |February 14, 2022|Categories: Corn & Soy Complex|Tags: , , , , , , , |

Futures activity Mar-22 soybean futures saw a volatile week of trading, with prices making fresh highs of $16.33 per bushel last Thursday morning before [...]

South American weather dominates soybean market

By |January 18, 2022|Categories: Corn & Soy Complex, Edible Oils|Tags: , , , , , , , |

Futures activity Jan-22 soybean futures exited the board at $13.5675 per bushel. For Mar-22, futures ended last week lower at $13.6975, down by nearly [...]

WASDE: Higher corn & soybean ending stocks

By |January 12, 2022|Categories: Corn & Soy Complex, Ethanol|Tags: , , , , , , , , |

In the January WASDE, USDA increased its 2021/22 U.S. corn production estimated to 15.115 billion bushels, up 53 million bushels from the December estimate. [...]