USDA Report Diverges from Analyst Estimates The latest USDA quarterly reports on planted area and old crop stocks have once again diverged from analysts’ expectations. Despite large stocks and low […]
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Author: Elizabeth Gilbert
Dollar Rise Fails to Boost Soybean Prices in June: Monthly Summary
Decline in Soybean Prices Despite Dollar Increase June was a challenging month for soybean prices and trading in key regions of Brazil. Despite a significant rise in the dollar, soybean […]
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US Soybean Prices Hit Lowest Level Since 2020
Lowest Prices in Years New harvest soybean prices in the US have dropped to their lowest level since late 2020, reaching $406 per ton. Favorable weather conditions in the spring […]
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USDA Raises Corn Acreage Forecasts, Cuts Soybeans and Wheat
USDA Reports Surprise Traders The USDA’s quarterly U.S. seeded area and old-crop stocks reports, released on the last Friday of June, often surprise traders, and this year was no exception. […]
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Market Update: Heat Dome and Shipping Pressures Affect Almond Industry
Extreme Temperatures Expected Temperatures throughout the growing region are expected to reach highs of 119 degrees in some areas. The heat dome is anticipated to last for 10 days, potentially […]
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Türkiye May Extend Wheat Import Ban Amid Good Harvest and Large Stocks
Strong Harvest Forecast Türkiye is anticipating a wheat harvest of 21 million tons for the 2024/25 season, according to forecasts by the TurkStat Institute. This figure represents a 4.5% decrease […]
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Pumpkin Kernel Market Faces Uncertainty Ahead of New Crop
Current Market Conditions At present, customers are only purchasing pumpkin kernels to meet immediate needs, with most buyers waiting for the new crop. This cautious approach is affecting current sales […]
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Increased Sunflower Oil Imports to India Impact Soybean and Palm Oil Prices
Rising Sunflower Oil Imports India’s record import of 500,000 tons of sunflower oil for June has put significant pressure on soybean and palm oil prices. Increased competition between major exporters […]
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Rising Rapeseed Prices in Ukraine Amid Falling Canola Prices
Surge in Ukrainian Rapeseed Prices Despite the impending mass harvest, rapeseed prices in Ukraine are on the rise. Traders who have pre-contracted substantial volumes of rapeseed are actively increasing purchase […]
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MARS Agency Lowers Yield Forecasts for Wheat, Corn, and Rapeseed in the EU
Yield Forecast Reductions In its June report, the MARS agency has reduced the yield forecasts for nearly all major agricultural crops in the EU. Despite these reductions, the forecasts remain […]
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