by Brian Schad | Sep 26, 2014 | Grain Markets, Soybean Futures
The German-based research group Oil World claimed today an even higher forecasted world production of major oilseeds (by over 4%) based on the outlook of increased soybean estimates here in the US and in Brazil. The consensus was 3.7% in a previous estimate, but is...
by Brian Schad | Sep 25, 2014 | Grain Markets, Wheat Futures
Wheat futures have reversed course today after it was pointed out by the Int’l Grain Council that global wheat production will, once again, be revised higher due to more favorable outlook for wheat supplies from the European Union and the Ukraine region. The ICU now...
by Brian Schad | Sep 18, 2014 | Grain Markets, Wheat Futures
With the outlook global wheat production will reach a new record level, wheat futures continued their slide to new lows not seen in four years. Wheat futures are down another .09c from yesterday’s close as of this writing. The good news is the global grain-glut with...
by Brian Schad | Sep 16, 2014 | Grain Markets, Soybean Futures
Let it be known soybean orders for the five important exporting country’s “dropped significantly” in August before global inventories become replenished when the US begins its soybean harvest in the next few weeks, according to the German-based industry...
by Brian Schad | Sep 11, 2014 | Grain Markets, Wheat Futures
Wheat futures have dropped to prices not seen since 2010 on the outlook rising global production will only add to mounting wheat inventories and stockpiles. Wheat futures accelerated with the trend after today’s USDA Crop Production was released – confirming...
by Brian Schad | Sep 4, 2014 | Corn Futures, Grain Markets
Corn futures continue to plummet for a second day to prices not seen in four years. It is still being discovered that the corn crop conditions have improved and this is adding to the expectations for corn production this year to be the biggest ever. Earlier this week,...
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