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Thanks to USDA Perspective Plantings, corn and soybeans closed higher this week. Despite a drop, cotton and sugar remain unfazed.
More soybean and soybean meals were sold last week in anticipation of China’s retaliation against the Trump administration’s trade tariffs.
Due to the friendly weather, charts reflect an uphill trend for cocoa, coffee and sugar futures. Corn and orange juice remain unchanged since last week.
Despite weather conditions turning good, grains like corn and wheat dropped last week while soybean prices roughly increased.
Stocks of US wheat took a turn, attributing it to the winter season and La Niña. Canada's wheat stocks look promising, making the most out of...
Poor weather conditions are hampering grains productions across Brazil and Argentina, threating a lower global production.
Increased wheat trade was observed in Chicago but Minneapolis' market closed lower. Production remains steady despite consistently low demands.
With developments in agriculture, transportation and storage, several food staples are bound to change, drawing a setback in the US corn production.
Increased sugar stocks offset a dip in the trade market of wheat, corn and oats. Changes in production and usage predict accountability in the next months.
Sub-freezing temperatures drove the US wheat markets while demand remains strong for oats and corn.