Breaking News: Diesel Fuel Skyrockets
As I was doing a midday check of markets, the Energies sector jumped out at me. Distillates (diesel fuel) is up 44.7 cents (13.6%) after rallying as much as 46.5 [...]
As I was doing a midday check of markets, the Energies sector jumped out at me. Distillates (diesel fuel) is up 44.7 cents (13.6%) after rallying as much as 46.5 [...]
USDA announced sales of 472,000 mt of soybeans to China. 136,000 mt for the 2025-2026 marketing year 336,000 mt for the 2026-2027 marketing year This confirms the rumors in the [...]
Here are the links to Tuesday’s Markets Now discussion with Michelle Rook: Farm Journal YouTube and Farm Journal TV: (LINK) Markets Now Audio Podcast: (LINK)
USDA announced sales of 105,000 mt of 2025-2026 soybean cake and meal to Colombia.
The Grains sector jumped shorty after the open of the overnight session. Dec corn gained as much as 6.25 cents Nov soybeans rallied as much as 13.25 cents Sep SRW [...]
This holiday-shortened week has seen a plethora of monthly employment numbers released by the US government, meaning they all come with an asterisk. Still, in an abstract art sort of [...]
The June Consumer Confidence Index was reported Tuesday morning at 91.2 as compared to the median forecast of 94.5 and May Index of 93.1. Additionally, the June 2025 Index was [...]
USDA announced sales of 100,000 mt of 2026-2027 hard red spring wheat to Nigeria.
USDA announced sales of 136,000 mt of 2026-2027 soybeans to unknown destinations.
Is anyone surprised by this anymore? If you are, why? The headline early Sunday morning (slide 2) read: Trump again threatens Iran with annihilation as Kuwait and Bahrain report attacks [...]
I was relaxing Friday evening, following another complex week of market activity, when I received a message from Ben that read, "Classic Friday". He attached a piece from APNews... Before [...]
USDA announced sales of 100,000 mt of corn to Mexico. 30,000 mt for the 2025-2026 marketing year 70,000 mt for the 2026-2027 marketing year
Given the headlines (see Friday's Headline of the Day in Quick Takes) and the rain that moved across the US Midwest this 3-day holiday weekend (slide 2), I was expecting [...]
As expected on this US holiday, one the current administration doesn't acknowledge other than knowing markets are closed for the most part, there are conflicting headlines. However, I've been digging [...]
USDA announced export sales Thursday morning: 132,000 mt of 2026-2027 soybeans to China By my count, this is the first US new-crop soybeans sold to China. We’ll see if there [...]
As expected, the US Federal Reserve left the Fed fund rate unchanged, the range to between 3.5% and 3.75%. According to a CNBC piece posted by Jeff Cox, Chairman Warsh's [...]
USDA announced sales of 372,000 mt of soybeans to unknown destinations. 60,000 mt for the 2025-2026 marketing year 312,000 mt for the 2026-2027 marketing year
While the US president spent Sunday proclaiming and pretending to sign a "deal" to end his War on Iran, bombs continued to be launched in the Middle East. But, as [...]
You can read a large part of my extended conversation with Ernest H0ffman of Kitco News on gold, oil, interest rates, etc. here: (LINK)
May Producer Price Indexes (PPI) were released Thursday morning. Monthly PPI up 1.1% as compared to the projected 0.7% and the previous 1.1% Year over year PPI up 6.5% as [...]
Here are the links to Wednesday’s Markets Now discussion with Michelle Rook: Farm Journal YouTube and Farm Journal TV: (LINK) Markets Now Audio Podcast: (LINK)
May Consumer Price Indexes (CPI) were released Wednesday morning. The Producer Price Indexes (PPI) will be released Thursday, June 11. Monthly CPI up 0.5% as compared to the projected 0.5% [...]
USDA announced sales of 120,000 mt of 2025-2026 corn to unknown destinations.
USDA announced export sales Monday morning: 264,000 mt of 2026-2027 soybeans to unknown destinations 103,000 mt of corn to Japan 40,000 mt for 2025-2026 63,000 mt for 2026-2027
USDA announced sales of 190,000 mt of 2025-2026 soybean cake and meal to the Philippines.