There is not enough soymeal in the United States to meet demand. To help meet demand, crushers were planning on turning beans into meal using cheaper South American imports, as there is a lot of product available and the crush margins would be well in the green to support their efforts. But, because of the Brazilian port situation, the beans are not coming as quickly as the crushers wanted. The cheap product they could turn into expensive meal is apparently not in the cards.
Sugar futures on Monday advanced amid bearish bets and the globe’s leading generator of the soft commodity pushing more sugar cane toward the production of ethanol, according to Bloomberg.
Sugar futures on Friday advanced, salvaging a trade week that saw four-straight days of losses on commodity market, according to Bloomberg.
In this article, you will learn what hedging is, why you should be hedging sorghum, and how it’s done. Congratulations, assuming you harvested a crop over the last 5 years, you should have experienced a financial windfall from the price rally in sorghum and the other grain markets. The rallies we have seen in grains… Read more.
Reduced supplies in the globe's largest grower helped push up corn futures on Wednesday, according to Bloomberg. Inventories in the U.S. likely slid 38 percent during the three-month period to amount to 4.995 billion bushels by March 1, according to the average of estimates issued by analysts and assembled by the news source. That represents… Read more.
Conjecture about increased global demand and slackening production pushed cotton futures to their highest prices in more than 10 months on Tuesday, according to Bloomberg. The Macquarie group stated in a report that farmers in the U.S., the globe's top exporter of the soft commodity, are set to sow 9.4 million acres of the fiber this… Read more.
This is a sample entry from Craig Turner’s weekly market analysis newsletter, Turner’s Take, published on January 8, 2013. On Friday, January 11th at 11:00 am central time, the USDA will release the January WASDE, Annual Crop Production for Corn & Soybeans, December 2012 stocks, and Winter Wheat seedings. The January 11th USDA report is… Read more.
Increases in supplies of corn pulled down the price of the grain on Wednesday as the U.S. government indicated ethanol generation also slumped as well, according to Bloomberg. For week ended December 14, ethanol dropped roughly 13 percent from one year prior as the product derives from corn, according to the U.S. Department of Energy.… Read more.
Reduced demand pulled down corn futures from their top price of five weeks, according to Bloomberg. That demand pullback came from manufacturers of grain-based fuel, animal feed and food. For week ended November 22, export sales of corn from the U.S. fell 69 percent to amount to 263,140 metric tons as compared to one week… Read more.
Prospects of growing demand pushed up sugar futures Thursday, marking the sweetener's second consecutive trading session of gains, Bloomberg reports. Brazil, the globe's largest producer of the soft commodity, is likely to see intensifying competition for sugar cane raw material in 2013. The sweetener has dropped 15 percent since the beginning of this year. The… Read more.