In what is going to be a shock to the global trading market, wheat stockpiles on a global basis are set to expand at perhaps the quickest rate in a decade. Prices as a result have fallen 21% since the beginning of the year – but we still don’t see it translating into the movement [...]
Frankly, movement in the commodities and raw material markets are getting caught up in so much speculation that it is not worth trying to find a direction trend for business impact. In other words, the investment community is reacting aggressively[This content is for MEMBERS ONLY. Please click Subscribe in the upper right corner to continue.] [...]
Taiwan is just the latest country to look abroad for both refined wheat and corn to help bolster its national stockpile. Environmental challenges in the country have led to a significant drop-off in local production, and as a result, the country has to look abroad to find extra stock. US exporters are saying that there [...]
Although figures are still filtering in with this year’s grain harvest, there are spot assessments showing that the US harvest of most grains will see weaker overall yield. Perhaps most confusing to analysts is that the variability on crop condition and yield per acre is very sporadic – more so than[This content is for MEMBERS [...]
We could say that it is possible to get whip-lash from this year’s harvest reports. What we see in a given area is reports of yields on crops that exceed last year’s by several bushels per acre to those areas that have been totally devastated. Without going into a lot of detail at this stage, [...]
A beetle that was used to attack a form of weed that threatens soybean crops has now turned into a bit of a problem for east coast soybean crops – it has turned from ‘defender’ to ‘pest’. The pest, now termed the “Kudzu Bug” is hitting soybean crops in Georgia, North and South Carolina, and [...]
That may be a bit of an exaggeration, but beef prices have now hit their second record high in a month. That seems impossible since many ranchers around the country liquidated their herds as drought conditions set in to Texas, Oklahoma, and the southwest. But, beef output will drop by 4.9% according to Bloomberg next [...]
Some technical trading activity helped in sending the price for corn and soybeans upward on Tuesday. However, a notion hit the markets that we have been talking about for some time – one that may spell a bit of trouble for the geopolitical picture going into next year. Even if the US crop is somewhat [...]
We seem to be writing a lot about the flooding situation in Asia and the impact that it has on food supplies. Given the potential for food shortages this year stretching into 2012, it is important to point out that sources in Asia are now talking about significant losses in the world’s “Rice Bowl”, the [...]
The EPA is expected to approve the use of Canadian oilseed crops as biofuel. If this happens, there could be a number of “benefits” and impacts overall. First, US biofuel makers will get tax credits for using certain approved Canadian oilseed crops. Second, it will help to alleviate some[This content is for MEMBERS ONLY. [...]
