Markets - General
China’s recent business is welcome with U.S. corn exports running behind last year’s pace by nearly 40%. So why is China back in the market and how much more will they buy?
Sluggish corn demand in the U.S. has been the concern for months. This past week, demand got a big boost, with USDA reporting daily flash sales from China. Since March 9, those sales total 83.1 million bushels.
Jon Scheve discusses why corn may have hit a floor price and a rally may come in the short term.
The financial industry was hit with a black swan due to the shuttering of two high-profile banks. This has implications for ag markets and lessons for farmers, says Jerry Gulke of Gulke Group.
A new partnership between Corteva, Bunge and Chevron to create proprietary canola hybrids will boost vegetable oil supplies to fuel the renewable diesel market while also creating a new revenue stream for farmers.
USDA will release its estimates on farmers planting intensions at the end of March. Ahead of that, commodity firm Allendale has released its own acreage projections.
Jon Scheve discusses why corn prices may rebound similar to bean prices last fall.
From USDA’s cuts to demand to recession fears, market analysts during the live U.S. Farm Report taping at Commodity Classic explain the various factors that sent corn prices lower this past week.
Grain markets are lower as fund selling has escalated while wheat makes new contract lows. Livestock markets are mixed. Shawn Hackett of Hackett Financial Services has details.
Tommy Grisafi with Advance Trading explains why both short- and long-term interest rates are up.