US farmers sowed much more corn this spring than had been thought. A fresh USDA estimate on Friday pegged sowings at 94.1M acres. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Parts of the major growing states of Illinois and Iowa, over which drought fears have been particularly significant, received rainfall into the weekend, with the GFS weather model, at least, seeing further rains next weekend too. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
While the US is in for rains this week, they will focus on the South East cotton-growing areas, and provide relief for only eastern areas of the drought- tested Midwest. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
The USDA’s drought figure for Iowa, the top corn-producing state, grew by 10 points week on week to 39%, with that for second-ranked Illinois jumping by 29 points to 31%. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Understanding the relationship between UK and European wheat grain prices. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
US corn plantings have continued apace, offering clear passage thus far to expectations of a record harvest-23. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Wheat speculators gross short holdings have, for the first time on data going back to 2006, reached a level equivalent to 50% of total open interest. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
In Europe, the European Commission’s Mars bureau forecast this year’s EU soft wheat yield at an above-average 6t/hectare, while in the US, rains in the southern Plains have boosted expectations of a recovery in the drought- pressed hard red winter wheat crop. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Grain markets have sagged, as discourse surrounding Ukraine’s exports subsided and wet southern Plains forecasts eroded concerns for the US hard red winter wheat crop. However, factors remain in place which could yet provoke price recovery and for now, prices remain underpinned by tight exporter stocks and new crop uncertainty. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
The renewal in mid-March of the Black Sea grain corridor, for just 60 days, is set to expire in just four weeks, bringing the extension of the agreement back into focus. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Black Sea grain exports, having made headlines two weeks ago on talk of Moscow putting a price floor on exported wheat, garnered fresh attention when three trading giants announced Russian retreats. Cargill said it was quitting grain elevation, while Louis Dreyfus and Viterra also unveiled exits. Between them, the trio account for about 14% of Russian wheat exports. Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
Wheat: Black Sea support has returned as rhetoric surrounding rumoured export bans from Russia, and increased export taxes… Barley: EU barley markets were supported by dwindling supplies of Ukrainian barley… Corn: Corn markets have found support, helping underpin grain markets as China continues to purchase large volumes… Weather: In North America, the Midwest will receive further rains, as farmers prepare for planting… Access all of CRM AgriCommodities’ independent analysis and insights with a subscription. Get research, data and opinions from our team of analysts and advisors to help you make better informed decisions with a unique perspective on markets. If you are already a member and require login details, please get in touch. Log In Subscribe
