Markets Articles
Disappointing Weekly Export Sales Report
Published March 11, 2021
Bennett Consulting President Matt Bennett says the weekly export sales report was nothing to write home about, but traders weren’t expecting much. "If you want to get down to it, with soybeans at 350 million metric tons, without major cancellations,…Cordonnier: CONAB Report Doesn’t Reflect Quality Problems
Published March 11, 2021
CONAB, Brazil’s crop supply agency, raised their latest soybean production estimate to more than 135 million tonnes. Soybean and Corn Advisor President Michael Cordonnier says the increase comes from an acreage increase. "They increased acreage 200,000 hectares. It's a big…Easy Money Policies May Bring Headaches
Published March 11, 2021
As the U.S. government passes another COVID stimulus package, Utterback Marketing President Bob Utterback sees easy money policies causing headaches down the road. "As long as the commodity demand remains stable, costs will increase. When costs go up, they're reluctant…CME Group to Boost Spec Trading Limits
Published March 11, 2021
The CME Group is expanding speculative position limits. Van Ahn and Company CEO Jim Emter is concerned with the increase in volatility that will go with the increase in positions held by traders. "We're concerned this will bring greater transparency…A Sideways to Lower Grain Trade Ahead
Published March 11, 2021
Cornbelt Marketing market analyst Sam Hudson expects sideways to lower trade ahead of the USDA’s Planting Intentions and Quarterly Stocks report at the end of March. "The markets are fickle and adrift at times. It's too early to murder the…Canola Prices Rise As Demand Outpaces Supply
Published March 11, 2021
Canola prices continue to move higher as demand for vegetable oils outpaces supply. IntelliFarm President Brian Voth doesn’t think there is much canola left in the country. "You need prices high enough to ration demand and get buyers to look…USDA Reaffirms Soybean Shortage Ahead
Published March 9, 2021
March is the fourth month in a row USDA released a soybean carryover number well-below pipeline supplies in the Supply and Demand report. "It's only about half of the typical pipeline supply," said Tim Marsh, analyst, Summit Commodities. "This is…March WASDE Report “A Big Nothing”
Published March 9, 2021
Diversified Services market analyst Sterling Smith says the March Supply and Demand report was a big nothing sandwich. "U.S. corn and soybean ending stocks were unchanged. The next biggest numbers were potential changes in global corn and soybean production out…USDA Boosts Brazilian Soybean Production in March Report
Published March 9, 2021
USDA made slight changes to South American production estimates in the March Supply and Demand report. Brazil’s corn production is estimated at 109 million tonnes, unchanged from February. Brazilian soybean production was raised one million tonnes from February to 134…