Agriculture, Energy and Metal Information
Chicago Mercantile Exchange (CME) live cattle futures experienced a fourth consecutive session of decline on Friday as traders awaited the release of the U.S. Department of Agriculture’s monthly Cattle on Feed report. The report was anticipated to reveal increased placements of cattle into feedlots during February compared to the previous year, contributing to market uncertainty […]
Indonesia’s palm oil exports in January and February fell below the monthly average recorded over the past year, according to data presented by the Trade Ministry. The world’s largest producer and exporter of palm oil shipped 1.89 million metric tons in January and 1.01 million tons in February, reflecting a decrease in export volumes. The […]
The recent surge in Brazilian soybean exports to China has disrupted traditional trade patterns and encroached on the market share of U.S. soybean exporters, reminiscent of the trade war era. Chinese customs data revealed a significant increase in Brazilian soybean shipments during January and February, coinciding with a period of reduced imports from the U.S. […]
Argentine grain farmers are hopeful for a successful harvest as heavy rainfall subsides, allowing crops to recover and enabling farmers to resume harvesting operations as the soil gradually dries out. The Rosario Stock Exchange anticipates a more favorable weather outlook in the coming weeks, with forecasts indicating a period of reduced rainfall that could provide […]
Speculators in Chicago-traded grains and oilseeds have decreased their short positions for the second consecutive week as futures prices rebound from recent multi-year lows. The collective fund positioning remains bearish for mid-March, a period typically characterized by subdued market activity as traders await crucial U.S. stocks and acreage data at month-end. In the week ending […]
Malaysian palm oil futures experienced a slight decline on Friday, signaling the market’s first weekly loss in five weeks as it consolidates following a recent bullish phase. Factors contributing to the dip include lower prices of edible and crude oils, with the benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange […]
The U.S. Department of Agriculture (USDA) projects a notable increase in Australia’s exports of live cattle and beef in 2024, driven by the completion of a herd rebuild phase that bolsters supply. Anticipated growth includes a more than one-third rise in live cattle exports and a 9% increase in beef shipments compared to the previous […]
Louis Dreyfus Company (LDC) expresses confidence in China’s agricultural demand as a key driver of growth in global commodity markets, despite ongoing economic rebalancing in other sectors of the country. The world’s largest buyer of farm goods, China’s sustained cereal and oilseed imports at near-record levels are fueled by favorable global prices and domestic crop […]
ADM senior executives, amidst a government investigation into accounting issues, are set to receive significant bonus compensation following the completion of the company’s financial statements. The performance share unit compensation, awarded in 2021 and vested recently, will result in substantial payouts for executives, including CEO Juan Luciano. The internal memo from CEO Luciano highlights the […]
Archer-Daniels-Midland Co (ADM) senior executives, amidst a government investigation into accounting issues, are set to receive significant bonus compensation following the completion of the company’s financial statements. The performance share unit compensation, awarded in 2021 and vested recently, will result in substantial payouts for executives, including CEO Juan Luciano. The internal memo from CEO Luciano […]