Grain futures softened after initial gains spurred by the USDA crop report. Soybeans surged, while wheat prices showed mixed trends. Dry weather concerns in Brazil and Argentina affected planting and exports.

We explore the recent USDA crop production report, closely examining its accuracy and the potential repercussions it carries. The episode hones in on a substantial decline in soybean yields and the resulting impact on market prices. Additionally, we discuss the hurdles facing Brazil's grain exports due to drought and river conditions, along with updates on […]

Amidst fluctuations in global oil prices, the market remains on edge due to escalating geopolitical tensions in the Middle East, with concerns that potential conflict involving Iran could disrupt oil supplies and push prices back up to the mid-90s or even breach the $100 per barrel mark. The volatile situation, driven by the threat of […]

Grain futures experienced an overnight rise, mainly driven by surging energy futures, particularly crude oil, which spiked due to Israel's declaration of war on Hamas. The fear of Iranian involvement in the conflict and its potential impact on Middle East oil production led to increased energy prices. Corn and soybean prices initially followed this trend […]

Crude oil prices have seen a slight increase, with a rise in short covering. Gasoline and diesel prices have also exhibited some fluctuations. However, there's a positive outlook for consumers as gasoline prices at the pump are expected to decline by approximately 30 cents in the coming week. This drop is attributed to changes in […]

Grain futures are surging, with wheat and corn prices making significant gains. Wheat is reaching its highest levels since July and trading above the 50-day moving average due to reports of a Ukrainian cargo ship hitting a sea mine, raising concerns about grain transport from Ukraine.

Grain and cattle markets were mixed today. Soybean prices surged by 13 cents, rebounding from summer lows, while wheat markets saw a 13-cent drop in hard wheats and 7 cents in winter wheat contracts. Cattle prices rebounded slightly after a weak close, with box beef prices dipping. This mixed performance reflects the ongoing challenges in […]

China unexpectedly buys US soft red winter wheat amid a global wheat price decline and Australian drought. More wheat sales to China may affect USDS carryout numbers. Soybean sales to China increase after recent price drops. Wheat leads gains, corn approaches $5, and soybeans may have bottomed. Cattle futures decline due to technical factors, with […]

Market rebounds after Friday's collapse. Wheat, corn and soybeans surge. Crude oil correction continues.

Friendly for corn, bearish for wheat and soybeans. Wheat production surprised, up almost 100 million bushels. Corn initially rallied, but wheat weakness and negative soybean data brought it down.