NEGOTIATOR’S TAKE: Wheat prices at 10-year lows are exerting downward pricing pressure on bakery products and animal feed. Wheat futures plunged to fresh ten-year lows, on heavy world supplies and the stronger dollar. “We continue to see a large
NEGOTIATOR’S TAKE: Falling Corn costs mean lower prices throughout the food chain 07.05.16 – Back to bear market and entering bull territory Corn futures are heading back to a bear market less than a month after entering bull territory
NEGOTIATOR’S TAKE: Falling Corn prices will exert downward pressure on most of the food chain. 06.21.16 – Supply outlook improves in the U.S. and Brazil Corn futures in Chicago fell by the most in three years and prices
USDA released today its October Crop Production report which shows corn production down slightly from September forecast, soybean production up 9% and cotton production up 1%. Corn production is forecast at 10.7 billion bushels, down slightly from the September forecast and
Corn supply hit its lowest in eight years as the USDA reported in the Grain Stocks Report and Small Grains Summary Report , signaling stronger demand for the grain. So, Corn prices surged the most in three months. Corn Stocks Down
Futures dropped to a two-year low in New York last week after drier weather in Brazil, the world’s biggest producer of the sweetener, accelerated harvesting, while improvement in rains last month in India, the second- largest grower, improved crop prospects.
Record-large corn and rice crops are forecast worldwide, with corn up 9 percent and rice up marginally. The wheat supply would drop by 2 percent and soybeans stocks will rise by 9 percent but still not as much as traders
Palm oil production in Malaysia is set to slow in the first half of this year, says Dorab Mistry at Indian consumer products group Godrej International, who correctly forecast that palm oil prices would bottom last autumn. Maybe even more