Markets Articles
Major Soybean Market Drivers are Changing
Published February 11, 2022
In the past decade, the major driver of the soybean market has been exports. Stone X Group Risk Management Consultant John Payne says that has begun to shift to a fuel market. "In the case of markets, like soybeans, we…Inflation at Levels Not Seen in 40 Years
Published February 11, 2022
The Consumer Price Index increased 7.5 percent last month. The Federal Reserve was already expected to increase interest rates at its March meeting. Analysts are saying the higher inflation rate will likely accelerate a series of interest rate increases.China Remains Top Market for U.S. Ag Products
Published February 10, 2022
According to the Commerce Department, China purchased a record $33 billion worth of U.S. agricultural products in 2021. China failed to meet its purchase commitments, but AgTrade Strategies Principal Sharon Bomer Lauritsen says the phase one trade deal included other…Take Advantage of Market Rallies
Published February 10, 2022
Utterback Marketing President Bob Utterback reminds farmers to position themselves to take advantage of any price rallies. "There's nothing in the cards yet to tell us that we're going to slow this thing down until we get crops in the…Fundamentals Support Grain Markets
Published February 10, 2022
Advance Trading Ag Risk Management Advisor Tommy Grisafi says fundamentals have supported the grain market. "The weather in South America is friendly to the markets and so was that StatsCan report." Inflation may be another factor. "Many people on Wall…South America Bottleneck Sending Business to United States
Published February 10, 2022
Van Ahn and Company CEO Jim Emter says there is a bottleneck in South America’s soybean exports. That's sending buyers to the United States. "Right now, the U.S. is cheaper than Brazilian soybeans out of the United States Gulf. You…StatsCan Report Shows Fewer Canola Stocks
Published February 10, 2022
Statistics Canada’s February stocks in all positions report shows 7.56 million metric tons of canola on hand as of December 31. That’s down 43 percent year-over-year and the smallest since 2007. DTN Canada market analyst Cliff Jamieson says canola demand…Veg Oil Sector Shifting to Serve Renewable Diesel Demand
Published February 10, 2022
In a call with investors, Bunge CEO Gregory Heckman was asked about forecasts for U.S. renewable diesel capacity to reach five billion gallons by 2025.” I think it's going to take everything to supply that industry and the demand that…USDA Makes Slight Changes to World Corn and Soy Production
Published February 9, 2022
USDA lowered world corn ending stocks from the January estimate of 303.1 million metric tons to 302.2 million metric tons. World Soybean ending stocks were lower from 95.2 million tonnes in January to 92.8 million tonnes. World wheat ending stocks…