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 [...]
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 [...]
Coffee prices are boiling!
Early this month, continuous nearby ICE coffee futures reached a ten-year high of $2.5020 per pound, still below the 2011 $3.00-plus record. Costly freight [...]
Corn moves sideways amid market uncertainty
Futures activity Spot corn futures played out last week with little change, opening last Monday at $5.81 per bushel and closing Friday right back [...]
Soy complex futures rise despite higher stocks
Futures activity Despite what most would consider a bearish WASDE report (at least for domestic soybeans and soybean oil), soy complex futures ended last [...]
Atlantic to see more major tropical storms & hurricanes in 2020
NOAA is predicting an atypically active Atlantic hurricane season this year, with a 60 percent chance of an above-normal season from June 1 through [...]
India early sugar output down by 54% YOY
World production in 2019/20 could fall over 9 MMT due to declines in Europe, the Americas, and especially Asia-Pacific origins. The latter losses, in [...]
Strong Ivorian arrivals continue for 2018/19 midcrop
Reports suggest that bean arrivals at Ivorian ports remain strong, averaging somewhere between 30,000 MT and 35,000 MT of beans per week despite mixed [...]