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The weekly charts still show overall downtrends, but daily charts are showing the potential for a short-term rally from current levels.
US wheat prices will probably move to the higher end of the world price range.
China is importing significantly less sugar so far this year.
Trees have seen plenty of rain and production should be seasonally increasing.
Arkansas remains a big problem area as little work is able to get done because the soils are still too wet.
Cotton export demand has faded in the last couple of weeks, but the overall demand remains good.
The main crop harvest continues in West Africa under good weather conditions. However, there are reports that suggest that the quality of the remaining main crop...
The US is moving to limit imports of biofuels from Argentina right now on reports that the fuels are being dumped into the US market. Less...
The charts show that corn futures are in a trading range.
India is determined not to import sugar this year even though domestic production is short and internal prices are very high.