The World Bank anticipates a decline in global food prices throughout 2024 and 2025, primarily driven by lower prices for grains and oils. However, the latest report from the bank warns of potential risks,...
Wheat futures backed off in the winter wheat contracts to start off the week. Chicago contracts were down 4 ½ to 13 ¾ cents on the session. Kansas City was down 1 ¼ to 3 ¾ cents across most contracts....
Corn futures ended the Monday session with contracts fractionally to 1 ¼ cents lower across most contracts. Tuesday is first notice data for May corn futures. Export Inspections data from FGIS showed...
Soybeans closed with contracts 1 ¼ to 4 ¾ cents higher on the Monday session despite showing double digit gains earlier in the day. Soymeal was in rally mode, as contracts were up $6.40 to $9.60/ton....
Not much transpired today. Traders just don't seem to be willing to produce premium on futures contract for the industry to dump cattle on them. With beef production down 2.6% year over year, there...
Crop Progress - 2024-04-29
The impact of farmer length when it comes to price moves as speculators work to cover their shorts.