Major grains & oilseeds markets Futures trading last week was fairly quiet with light volumes. Corn and soybeans traded a little higher while wheat was a little lower. There was quite good covering of wheat futures during the week. The … Read More
MERCANTILE Blog: MarketInsight Oct. 17, 2016
Major grains & oilseeds markets There was little of any real substance in the WASDE report; the corn yield was reduced slightly and soybean yields saw a small increase. The USDA increased Indian wheat imports to 3myn tonnes; many in … Read More
MERCANTILE Blog: MarketInsight, Oct.11, 2016
Major grains & oilseeds markets It was a fairly quiet week once again as the world watches US harvest progress. Weather conditions were quite good in the US, but were troublesome in Canada. Cash trade in world wheat was brisk … Read More
MERCANTILE Blog: MarketInsight, Oct. 3, 2016
Major grains & oilseeds markets Last week was a quiet week with harvest pressure limiting upside in markets. The stock numbers of the USDA were considered slightly bullish on corn, neutral to supportive on soybeans, and negative on wheat. Quality … Read More
MERCANTILE Blog: MarketInsight, Sept. 26, 2016
Major grains & oilseeds markets The grain and oilseed markets appreciated for most of last week prior to turning lower on Friday. There was good cash wheat business during the week and more USDA registrations of soybeans. Weather was damp … Read More
MERCANTILE Blog: MarketInsight, Sept. 19, 2016
Major grains & oilseeds markets The USDA WASDE report last week proved to be of little consequence. They did increase the soybean yield estimate and lowered the corn yield – which was expected. The USDA increased the world wheat production … Read More
MERCANTILE Blog: MarketInsight, Sept. 12, 2016
Major grains & oilseeds markets The futures markets were a little stronger during the week, despite good volume sales by specs and funds. Cash trade in wheat was active basis optional-origin trades. US wheat is now competitive to all Pacific … Read More
MERCANTILE Blog: MarketInsight, Aug. 29, 2016
Major grains & oilseeds markets The futures markets declined on the week as more reports of a potentially huge US crop circulated, suggesting the WASDE corn and soybean yield estimates would be surpassed in the USDA’s August report. The International … Read More
MarketInsight, Aug. 22, 2016
Major grains & oilseeds markets It was a relatively slow week of trading in futures last week, which saw more short covering in wheat. Funds did little in the markets; analysts don’t see them doing much this week either. Export … Read More
MERCANTILE Blog: MarketInsight, July 25, 2016
Major grains & oilseeds markets Weather reports from around the main growing areas suggest good conditions and improving crops. It is difficult to find anything bullish with this kind of news. Understandably, there are few anxious to take on long … Read More