Commodity Markets, Prices & Futures
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Latest News from Markets
Corn futures settled near a two-week low on profit-taking and technical selling in the wake of the early-week rally to nine-month highs.
Growing certainty in Washington that Russia will order some kind of military strike
Last year, prices rallied from January to May, and a repeat certainly is in the cards.
Overall, global pork imports and exports are predicted to decrease from 2021 levels, according to the latest outlook from Rabobank.
“You know, it is really clear that the Chinese haven’t met their commitment in Phase 1,” Bianchi said.
Belarus is working with other countries to sell its potash internationally.
Ukraine/Russia diplomatic solution reduced
Farmer sentiment dropped six points as the January Purdue University/CME Group Ag Economy Barometer declined to its second-lowest reading since July 2020.
Corn-for-ethanol use increased to 485.8 million bu. in December, according to USDA. . .
Crop Consultant Dr. Michael Cordonnier cut his Brazilian soybean crop estimate by 4 MMT to 130 MMT.