Markets - General
After starting 2022 off on the positive side, the grain markets were lower the second week of January.
Even with no big shocks to the markets in USDA’s major reports this week, there are a few takeaways from the reports that could provide perspective and insight on future crops and how traders react to weather concerns.
It’s time for a reality check on 2021-crop corn, soybeans and wheat. If you haven’t locked in prices (and record returns on investment for many), why haven’t you?
Dryness in South America prompted USDA to cut production estimates for key countries, such as Brazil, Argentina.
USDA made slight adjustments to the final 2021 corn-production estimate, but not due to a change in yield. USDA reported a slightly higher national soybean yield. The agency also revised demand in WASDE on Wednesday.
USDA will release several reports Wednesday, January 12, including Crop Production, Grain Stocks and WASDE. With declining outlooks for South America’s crop, Garrett Toay and Brian Splitt break down what to watch.
The volatility in commodity markets seems to be picking up where prices left off to close out 2021. On Friday, soybean prices rebounded to see a double-digit gain. Analysts say weather continues to move the markets.
Deforestation last year rose to the highest level since 2015 in Brazil’s Cerrado, prompting scientists on Monday to raise alarm over the state of one of the world’s most species-rich savanna.
2021 was a wild ride for commodity markets. From China to weather concerns, weather worries in South America seemed to trump demand to close out 2021. Here’s what analysts say they learned and what they’re watching now.
This article discusses the variables impacting the bean market to determine if prices can reach $14 or if values will decrease below $13 again.