Major grains & oilseeds markets There were no major surprises in the WASDE report. We lost a small amount in the wheat and corn carryover, soybeans were unchanged to the surprise of most. Wheat was the most interesting and whilst … Read More
MERCANTILE Blog: MarketInsight Feb. 6, 2017
Major grains & oilseeds markets Futures traded within a narrow range last week before easing on Friday following some Fund selling. Weather in South America was reported as good and this put some pressure on the soy complex as some … Read More
MERCANTILE Blog: MarketInsight Jan. 23, 2017
Major grains & oilseeds markets Funds were the feature of the Futures markets last week buying close to 18 myn tonnes during the week. Funds now own 104 myn tonnes of Futures grains and oilseeds. The markets are inverted illustrating … Read More
MERCANTILE Blog: MarketInsight Jan. 16, 2017
Major grains & oilseeds markets The markets were generally stronger last week following a period of Holiday doldrums and the WASDE report that was somewhat-bullish. The WASDE report was interesting – but some feel that the USDA underestimated demand. Managed … Read More
MERCANTILE Blog: MarketInsight Jan. 9, 2017
Major grains & oilseeds markets Funds and speculators reportedly sold about 8 myn tonnes of beans between the December 6th’ and January 3rd’, mostly in the latter part of December. This together with a cancelation of 900,000 tonnes by China … Read More
MERCANTILE Blog: MarketInsight Dec. 19, 2016
Major grains & oilseeds markets Most of the futures markets were a bit firmer during the week, but volume was very light. Export numbers were quite good – which is to be expected with the holiday season just ahead. Wheat … Read More
MERCANTILE Blog: MarketInsight Nov. 28, 2016
Major grains & oilseeds markets It was a short week in the markets, which left most futures, and cash prices ill-defined – with the exception of soybeans, which put in a very strong performance. The markets should be back to … Read More
MERCANTILE Blog: MarketInsight, Nov. 21, 2016
Major grains & oilseeds markets The official US Thanksgiving Holiday is on Thursday, and this traditionally is a short week in the futures markets as most traders usually take Friday off in addition to Thursday. Volume will be light and … Read More
MERCANTILE Blog: MarketInsight Nov. 14, 2016
Major grains & oilseeds markets Donald Trump’s election victory came as a surprise to the world and caused some chaos in the exchange markets. No doubt we will see more volatility before he actually takes power in January. The WASDE … Read More
MERCANTILE Blog: MarketInsight, Oct. 31, 2016
Major grains & oilseeds markets The markets closed slightly lower on Friday, but cash trade in wheat was quite good and global cash prices increased slightly. Weather in South America is beginning to become a concern, with too much rain … Read More