Markets - General
This article discusses what happened this week and market factors currently impacting prices.
Soybeans will be bidding for U.S. acres in the next three years (and longer) to feed crush expansion.
Volatility is here to stay in the grain markets — but so could higher prices.
Price rationing could last at least 15 months, or until the 2023 South American soybean crop is seen as a record.
In the March World Agricultural Supply and Demand Estimates (WASDE) report, USDA made a deeper cut than expected to global soybean production.
Wheat futures were fueled by the ongoing Russia-Ukraine crisis on Wednesday. As a result, front-month wheat contracts hit daily trading limits and soared to a 14-year high.
The global soybean crop keeps shrinking, led by a massive decrease in South America.
February’s volatile commodity prices added to the final spring crop insurance price scenario. While farmers await RMA’s final numbers, an early look at levels shows soybeans could smash the previous record set in 2011.
USDA’s 2022 supply and demand forecast came out just hours after Russia declared war on Ukraine. And as the crisis continues, USDA Chief Economist acknowledges the situation is impacting world trade and crop prices.
As extreme volatility continued in the commodity markets, USDA gave its first taste of 2022 planted acreage estimates during the Ag Outlook Forum. Analysts debate on what crops are gaining acres with today’s prices.