Independent Agri Commodity Insights
Find out about subscriptions The year’s first full trading week for grain markets was dominated by a busy schedule for agriculture data. With Thursday bringing US Department of Agriculture briefings on domestic winter wheat sowings and grain stocks, as well as the monthly WASDE report, early-week deals were influenced by…
In the USDA’s October WASDE report released today, global soybean ending stocks were revised up by 1.6Mt to 100.52Mt for 2022/2023. This puts global soybean ending stocks 8.14Mt higher than last year’s level and 1.17Mt higher than its 5-year average. Higher global ending stocks were mainly the result of a…
CLICK HERE TO DOWNLOAD THE FREE REPORT For more information contact: Steven Burke – sburke@crmagri.co.uk In this outlook we look at the macroeconomic trends influencing grain markets, the impact of funds and what to watch in a global economy experiencing high inflation and recession fears. Here are the…
Signup to regular market updates, for free! Weekly Highlights Despite a short-lived bounce in wheat markets at the end of the week, the rally has failed to translate into a continued push higher. Meanwhile, soaring temperatures in Central US and potentially record-breaking heat in the EU continued to be…
Signup to regular market updates, for free! Today has had the USDA release the June WASDE. Overall, changes were relatively minor, but eased major grain supplies while tightening US soybean stocks. Review this week’s market movement on GrainTab Wheat 2022/23 US wheat production estimates were marginally increased this month to…