Market Analysis
Joe Glauber, senior research fellow with the International Food Policy Research Institute, says the trade imbalance may not be as concerning as it looks on the surface.
CFTC says expanding trading hours would ensure markets remain vibrant, while commercial hedgers and commodity brokers who work with farmers say it will fuel volatility and won’t make the markets stronger.
Not only is USDA releasing its first survey-based acreage report of the year, but it’s the week President Trump is set to unleash reciprocal tariffs. Market analysts warn it could be an explosive week in the markets, and farmers should prepare.
Markets saw a double-digit rally as USDA says the 2024 corn and soybean crops were not as big as originally projected.
Darren Frye, Water Street Advisory, says the Fed cutting interest rates by 50 basis points could be huge for agricultural markets.
USDA raised both old crop exports and feed usage by 75 million bushels. Standard Grain’s Joe Vaclavik describes the report as “the friendliest report you possibly could have received from USDA.”
USDA’s June Acreage report tends to be a major market mover. Ahead of the report, we asked economists to weigh in on where think the acreage numbers could land in the report set to be released June 28.
USDA’s May WASDE report sent corn and soybean prices higher, it also caused wheat to soar. However, one analyst questions why the trade viewed the latest report as so bullish.
USDA’s final look at crop production for 2023 caught the commodity markets by surprise. The agency increased the final yield estimates for both corn and soybeans, and as a result, prices plummeted on Friday.
Despite the markets pricing in lower interest rates, Arlan Suderman expects inflation to rear its ugly head sometime in 2024.
Despite weather concerns sprouting in Brazil, USDA didn’t make any major adjustments to the South American crop in Friday’s reports. Increased demand from China and Mexico prompted USDA to trim U.S. ending stocks.
After two months of a waning outlook on the ag economy, economists views took a turn in the November Ag Economists’ Monthly Monitor, a survey of nearly 70 ag economists from across the country.
According to a recent report from CoBank, an abundance of corn and soybeans has resulted in cheaper basis and bigger carries in futures markets.
Recent WASDE reports had assumed another record Brazilian soybean crop and Argentina returning to normal, but the El Niño weather pattern might have something to say about that.
A market analyst shared a gloomy outlook for the country on Thursday, saying the U.S. balance sheet and financial condition have been deteriorating significantly over the last decade. He expects more of the same ahead.
Sixty-five percent of farmers surveyed in July expect interest rates to climb in the next 12 months. On a positive note, 7 out of 10 said they expect farmland cash rental rates to remain roughly the same for 2024.
Corn and soybean prices hit 10-year highs in 2022, creating exceptional returns to row crop producers. Will 2023 be a repeat or will prices shift lower?
Officials in China now say the population sits at 1.4 billion, which came as a surprise to many economists and market analysts. The news draws concerns about what it means for demand both short- and long-term.
Ahead of the report, analysts expected a drop in corn yield, but not soybean yield — and the market responded quickly, says Bill Biedermann, AgMarket.Net co-founder.
By Nayara Figueiredo SAO PAULO, Feb 22 (Reuters) - U.S. grains merchant Archer-Daniels-Midland Co said on Tuesday it has carried out the largest soybean shipment in the history of the Ponta da Montanha
USDA’s crop production report showed an increase in soybean yields, but a lower national corn yield. Analysts say Pro Farmer Crop Tour next will reveal more answers about this year’s crops and could be a market mover.
The end of the South American monsoon has come earlier than average this year due to La Niña. The drier finish on the Safrinha crops will limit their yield potential.
USDA’s June 30 Acreage report is known to offer a few surprises, and the 2021 edition delivered.
Since last year, China has been importing record volumes of U.S. corn due to a supply shortage and record domestic prices. But U.S. shipments to the Asian country have been slightly disappointing in recent weeks.
Understand the fundamentals at play for prices.
USDA’s Chief Economist says the battle for 2021 acreage is on, and it may even bid into specialty crop acres amid strong signals that China plans to continue buying corn and soybeans.
“The trade really wanted to see USDA get more aggressive on increasing corn export demand, especially after all the sales we had seen to China about two weeks ago,”
Traders were expecting bullish numbers from Tuesday’s World Agricultural Supply and Demand Estimates (WASDE), but the projections were even friendlier than anticipated.