Values for wheat have now rallied nearly 10% as the risks and challenges of exporting Ukrainian grain are further increasing amidst further attacks on grain export facilities in Ukraine. 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
As harvest gathers pace and following the release of the July USDA report, this short video for clients covers: – Global economic drivers – USDA data – Global supply & demand – Oilseeds & veg oils 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 strength in vegetable oil prices, encouraged most lately by Malaysia’s lower-than-thought palm oil stocks data, (see below) has been instrumental in supporting rapeseed prices. Rapeseed, with its relatively high oil content versus meal, is particularly influenced by vegoil market moves. 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
Harvest reports from around Europe are varied, with French wheat yields said to be mixed, while Italy and eastern Europe suffer quality downgrades. In the UK, barley yields have come in average to above-average so far. 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 ratio between November-23 soybean futures and December-23 corn has now risen above 2.7, enhancing soy’s relative appeal, as South American farmers plan their next sowings campaign as starts in two months’ time. 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 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
For soybeans, 51% of the crop rated “good” or “excellent” as of Sunday was the lowest rating for the time of year on data going back to 1995. 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
Europe’s dryness has ended the run of upgrades to EU rapeseed harvest expectations, with yield estimates from the likes of the EU Commission’s Mars bureau now being trimmed, if remaining above five-year average levels. 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
Australia’s agriculture ministry lowered its forecast for domestic canola production in 2023/24 by 480Kt, to 4.9Kt. 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
