
Mild moves in global S&D
The USDA published its February World Agriculture Supply & Demand Estimates this week and, following the large swings in January, this report seemed rather cautious.
The USDA published its February World Agriculture Supply & Demand Estimates this week and, following the large swings in January, this report seemed rather cautious.
The usual shape of the forward curve in wheat markets is what they call contango. Contango is where future prices are higher than the spot
Another week and another round of market volatility. To be fair, volatility doesn’t always mean the market moves sharply up and down, but it is
Corn has hit the highest level seen in six years, China’s demand for feedgrains seems insatiable, and managed money is adding to their bought positions,
It has been a wild old week in the ag commodities, swinging from limit down to limit up in the space of a couple of
Rising international prices are being reflected in the local market. With harvest over we haven’t seen basis improve, but even the poor cousin barley has
The wheat market has stalled a little in the past couple of days. The bullish reaction to the Russian export tax story has dulled a
The wheat market is in chaos and it is due to political interference more than any fundamental issue. We know that wheat is riding the
The USDA published its assortment of January crop reports earlier in the week, with the World Agriculture Supply & Demand Estimates (WASDE), along with the
The main driver of increasing international wheat prices over the traditionally slow holiday period appears to be the falling US dollar. There has been a
Mecardo’s Percentiles update for December 2020. Click below to view the latest report Grains Oilseeds Sheep and lambs Cattle Wool Dairy Fuel Percentiles are an important
It was raining heavily up and down the east coast on Monday, and the timing was pretty good for most grain growers, with much of
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