Agriculture, Energy and Metal Information
European wheat prices hit fresh contract lows Wednesday after Algeria’s state buyer OAIC snubbed French wheat in a major tender, compounding export woes for what was once France’s top market. A rallying euro added pressure, eroding the competitiveness of EU grain. Algeria’s Tender Shifts to Black Sea Dominance Algeria purchased 570,000–600,000 metric tons of milling wheat, with traders confirming shipments likely from […]
Chicago soybean futures gained ground Wednesday, supported by a weakening U.S. dollar and reports that China might reopen trade negotiations with the U.S. However, market optimism was tempered by record South American harvests and China’s ongoing tariffs on American beans, which have crushed export demand. The most-active CBOT soybean contract Sv1 rose 2.75 cents to 10.38¾perbushel∗∗,while∗∗Julycorn∗Cv1∗added2.25centsto10.38¾perbushel∗∗,while∗∗Julycorn∗Cv1∗added2.25centsto4.91¾ and July wheat Wv1 gained 5 cents […]
Price Movements (May 14 Close): Key Drivers: Trade War Impact: What’s Next?
Key Forecast: Why It Matters: What’s Next?
Key Developments: Why It Matters: What’s Next?
Price Movements (as of Tuesday): Key Drivers: What’s Next?
Market Update: Weather Impact: Why It Matters: What’s Next?
Argentina’s record soybean harvest is at risk as torrential rains leave fields waterlogged, delaying combines and threatening crop quality in the world’s top exporter of soy oil and meal. The 2024/25 harvest, pegged at 48.6 million tons, is now 4% behind schedule—with farmers facing the slowest sales pace in a decade. Key Crisis Points: Why It Matters: Quotes From […]
Russian-controlled regions of Ukraine have planted crops on 1.8 million hectares (4.4 million acres) this season, Deputy Prime Minister Dmitry Patrushev announced Friday, as Moscow seeks to solidify its grip on occupied territories and offset domestic harvest risks. Key Figures: Why It Matters: What’s Next?
Argentina’s soybean harvest is lagging significantly behind schedule, with just 2.6% of fields collected—well below the five-year average—as relentless rains waterlog key farming regions and farmers withhold sales amid economic policy uncertainty, the Buenos Aires Grains Exchange reported Thursday. Key Developments:🌧️ Weather Woes: Persistent rainfall has saturated fields, delaying combines and raising quality concerns. Early […]