Major grains & oilseeds markets Last week, weather cooperated allowing farmers to complete winter field work in Europe and harvest to near completion in North America. Futures traded in a narrow range, Spec Funds completed their near-term objective to be … Read More
Mercantile MarketInsight October 10, 2014
Major grains & oilseeds markets It was a very slow week in both futures and cash trade. Futures closed a tad lower. The size of the Russian wheat crop continues to impress. Most now call the crop 83 mln tonnes, … Read More
MERCANTILE Blog Sept. 25, 2017
Major grains & oilseeds markets Futures trade up, but in a narrow range with Funds virtually absent from the market. Another quiet week in cash trading; only Egypt reported buying some Russian wheat. In general, weather was a non-factor, except … Read More
MERCANTILE Market Insight Blog, Sept. 11, 2017
Major grains & oilseeds markets Markets were slow last week as traders await next week’s release of the USDA’s WASDE report. Traders are concerned that the USDA would change their yield estimates from the August report. We expect that they … Read More
MERCANTILE Market Insight Aug. 28, 2017
Major grains & oilseeds markets Markets continued under pressure from Fund selling and additional aggressive cash selling from Russia and the former FSU. We don’t see any change in this pattern while- we approach the main US harvest pressure. Funds: … Read More
MERCANTILE Market Insight Aug. 21, 2017
Major grains & oilseeds markets In the short term, we expect markets to stay close to home. We do expect speculators/speculative funds to raise their overall short position selling more grains and oilseeds especially as we get closer to US … Read More
MERCANTILE Blog: MarketInsight July 17, 2017
Major grains & oilseeds markets There was not much in the WASDE report for the bulls. The exception could be the lowering of the spring wheat production but in our opinion, this is offset in the world markets from higher … Read More
MERCANTILE Blog: Market Insight June 12, 2017
Major grains & oilseeds markets There was nothing that we saw in the WASDE reports, which were unexpected or bullish. The markets did respond to the lower stocks number. However, anyone that did not expect this has not been following … Read More
MERCANTILE Blog: MarketInsight June 5, 2017
Major grains & oilseeds markets The month of June is generally a slow month in the markets as buyers seek to analyze the domestic market supplies before committing to imports and farmers look to see how their emergence of new … Read More
MERCANTILE Blog: MarketInsight May 29, 2017
Major grains & oilseeds markets Grain markets finished the week last Friday with a bearish tone, as weather was benign in most of North America. Planting has moved up to about normal progress and crop development is improving as well. … Read More