Global Wheat Stocks Dwindle for Fifth Straight Year, Intensifying Export Competition
Global wheat stocks are projected to decline for the fifth consecutive year, reaching their lowest levels since 2015/16, as major exporting countries grapple with smaller harvests and robust demand, according to a report published by the USDA's Foreign Agricultural Service (FAS).
This tightening of global wheat supplies
US Corn Production Expected to Decline, But Exports to Rise Amidst Global Shifts
Global Soybean Production Set to Hit Record High, Driven by Brazil and US Expansion
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Corn, soybean, and wheat prices all closed the week in positive territory following last week’s friendly USDA report.
AgWeb
Grains Close Higher Friday Despite Uncertainty of SA and New Administration
Tommy Grisafi with Nesvick Trading says corn closed above technical resistance of $4.80 despite the uncertainty of South American weather and a new administration.
AgWeb
Ag Economist Offers Farmers What He Calls ‘Some Contrarian Advice’
Weighing on Scott Irwin's mind is whether U.S. grain growers need to get some downside price protection for 2025 crops.
Reuters
Chinese buyers switch to cheaper Brazilian soybeans ahead of Trump return
Chinese soybean processors have turned to competitively priced Brazilian cargoes instead of U.S. oilseeds, amid fears Washington will impose import tariffs after President-elect Donald Trump takes ...
Brownfield Ag News
Commodity price outlook remains challenging; more corn acres expected in ‘25
A professor of agricultural economics at the University of Illinois says outlooks for 2025 commodity prices remain challenging. “The key question for Corn Belt agriculture is grain prices. How low?
AgWeb
Grain and Livestock Markets Retreat, Is the Rally at Risk?
Grain and livestock markets started the week with strength but started to show signs of near-term exhaustion in Thursday’s trade. Is the rally at risk of coming to an end?
Reuters
Cargill agrees to $32 mln settlement in turkey price-fixing lawsuit
Meat industry giant Cargill has agreed to pay $32.5 million to settle a class action accusing it of conspiring with rival processors to fix the price of turkey, according to a filing in Chicago ...
Reuters
Canadian farmers warn Bunge's Viterra takeover will reduce competition
Farmers warn Canada's approval of U.S. grain trader Bunge's $34-billion takeover of Glencore-backed Viterra will reduce their options to sell crops at competitive prices, and say the government did ...
Reuters
Surging corn prices trigger spate of sales from US farmers
Iowa farmer Caleb Hamer grabbed his phone and dialed a local corn buyer this week, eager to sell his grain as prices climbed to their highest level in more than a year.
AgWeb
Corn and Soybeans Rebound on SA Weather Concerns: Cattle Chase Record Cash
Mike Zuzulo, Global Commodity Analytics, says corn and soybeans are rebounding on South American weather concerns mainly in Argentina and Southern Brazil.
Reuters
Ugandan shilling draws support from commodity flows
The Ugandan shilling firmed on Wednesday, boosted by inflows of hard currency from exporters of commodities like coffee, cocoa and gold, traders said.
Reuters
Will corn bulls' January win come back to bite them?
Bullish corn speculators were rewarded on Friday when the U.S. Department of Agriculture slashed last year’s U.S. corn harvest by a significant and unexpected margin.
Reuters
France's Ouvre becomes latest sugar maker to shut plant
Sugar-maker Ouvre has halted operations due to technical and financial problems and asked farmers to sell their beets to larger producer Cristal Union, letters seen by Reuters showed, marking the ...
Reuters
France's Ouvre becomes latest sugar maker to halt output
Sugar-maker Ouvre has halted operations due to technical and financial problems and asked farmers to sell their beets to larger producer Cristal Union, letters seen by Reuters showed, marking the ...
Reuters
Russia says Afghanistan was its top flour buyer in 2024
Afghanistan became the largest importer of Russian flour last year as it doubled purchases, Russia's state agricultural export agency, Agroexport, said late on Friday.
Brownfield Ag News
Broker expects export demand to drive markets
A commodity broker says he expects export demand to be a major market influencer in the coming months. Mark Talaski with Advanced Trading tells Brownfield tight global corn supplies and strong demand ...
Reuters
Brazil's 'soy moratorium' faces test as Supreme Court ruling looms
The Brazilian Supreme Court is ready to rule on a request challenging a state law that ends tax breaks for grain traders banning soy purchases from deforested areas of the Amazon rainforest after a ...
AgWeb
What Caused the Soybean Complex to Collapse Tuesday?
Soybeans lost over 20 cents on Tuesday with a sharply lower move in soybean meal and soybean oil. November soybeans fell below the psychological $10 level in the process. What drove the sharp ...
Reuters
Will USDA data dump spoil the bullish party for corn?
U.S. Treasury yields retreated from an eight-month high on Thursday while the dollar strengthened against major currencies, as investors reevaluated the Federal Reserve's interest rate policy for 2025 ...
Brownfield Ag News
Farm bill extension means familiar safety net in 2025
A farm management specialist at the University of Illinois says Congress’ extension of the 2018 Farm Bill for another year means farmers have a familiar safety net in place. Gary Schnitkey tells ...
Reuters
History of trade estimates for USDA winter wheat seedings
Below is a history of Reuters polls of analysts' expectations for figures in the U.S. Department of Agriculture's annual U.S. winter wheat seedings report.
Bloomberg L.P.
Price ceilings holding back commodities, reflation
To signal recovery from post-2022 deflation trends, the major commodities need to stay above threshold levels.
Bloomberg L.P.
Adani Group to Raise $833 Million as It Exits JV With Wilmar
The Adani Group will raise 71.48 billion rupees ($833 million) by selling up to 20% stake in Mumbai-listed Adani Wilmar Ltd. as it exits non-core activities to focus on the bread-and-butter ...
Bloomberg L.P.
Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy
Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.
Reuters
China accelerates efforts to boost crop yields, ensure food security
China will accelerate the breeding of new soybean and corn varieties and prioritize yield improvements for key grains and oil crops, as part of broad efforts to ensure food security, the agriculture ...
Bloomberg L.P.
Crude $80, copper and corn $5, Bitcoin $100,000: 2025 ceilings?
Corn’s 2019 high of $4.64 a bushel came about when spec net-longs stretched to 10%. At about $4.50, the world’s most significant agriculture commodity appears vulnerable at the start of the ...
Reuters
CME Group challenges Miami exchange with new spring wheat contract
CME Group said on Wednesday it plans to launch spring wheat futures and options in the coming months that will compete directly with a historic Minneapolis market now owned by Miami International ...
Reuters
Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report
Chocolate maker Hershey Co has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the stocks of ICE exchange that is much larger than the maximum ...
Reuters
Argentina's soy belt may be in for an alarmingly dry January
Canada's main stock index rose on Friday to round out a positive holiday-shortened week, with nine of 10 major sectors participating as investors looked ahead to a potentially volatile year for the ...
Bloomberg L.P.
India Considers Lifting Ban on Trade in Some Crop Futures
India is considering revoking a three-year ban on futures trading in seven farm commodities, including wheat and unprocessed rice, after studies found the steps were counterproductive, according to a ...