While volatility may be associated with other wheat markets, that’s certainly not the case for the durum market, which has remained steady for the past several weeks.
Since the early part of summer, sunflower prices have fallen around $15 per hundredweight as the war between Russia and Ukraine persists. The sunflower market continues to keep a close watch on any new developments.
Volatility continues to dominate the spring wheat market, although things have stabilized a little recently, according to Erica Olson, market development and research manager for the North Dakota Wheat Commission.
This year’s corn crop is shaping up to be a good one, though not great, as the market continues to watch and trade on the weather.
Canola prices have stabilized after the commodity market meltdown, as the market attention turns to new crop conditions and the weather outlook. Given that speculative fund money is now in a net short position in ICE canola futures, the bullish optimism of traders seems to have faded along w…
The adage goes like this: “Soybeans are made in August.” But what does “making’ them really entail, and do looks really account for much?
Durum prices, like other classes of wheat and other grain commodities, have been in retreat in recent weeks.
A bearish WASDE report (World Agricultural Supply and Demand Estimate) in mid-July pressured sunflower prices lower along with a number of other commodities.
Since passing the Fourth of July holiday and entering a key part of the growing season, one word – volatility – best describes what’s happening in the U.S. spring wheat market, as well as a number of other grain commodities.
Weather is an important factor for “making” a good corn crop, and July is an important month in corn’s development. That’s why when the weather turned hot and humid in July, the market, along with analysts and producers, took notice. But this doesn’t necessarily mean bad news for this year’s…
The last month has been a rough one in the commodity markets. Canola is down almost 20 percent since mid-June. Soy oil prices and palm oil prices are down even more, at 30 percent, just in the last two weeks.
The bad news in early July is that soybean prices have fallen significantly from its earlier highs, though they’re still in the teens, which is still positive. The good news is that China is back buying more U.S. soybeans.
While other commodity markets showed more volatility and bigger increases in prices in recent months, durum stayed more stable. That’s changed, however, as we hit July.
Sunflower acres increased in the final planted acreage report from USDA on June 30, but sunflower prices fell off of their recent record highs.
Like many other grain commodity markets, the spring wheat market saw prices slip again as we reached the Fourth of July holiday weekend.
In the U.S., everyone expects to see fireworks on the Fourth of July. This year, they’re also seeing fireworks of a different nature in the markets.
New crop canola took a decidedly negative turn in the third week of June along with old crop as world vegetable oil markets retreated.
The June 30 actual planted acreage report from USDA is highly anticipated and very important to the soybean market.
With durum planting finally nearing completion in North America, the market is now turning its attention to the weather here and around the world. Neither factor has moved durum prices much; however, as they continue to bring around $13 a bushel or slightly more to producers, which is still …
It’s hard to imagine, but sunflower prices have again set new record highs at the crush plants in North Dakota with values at over $40 per hundredweight.
Now that farmers have their spring wheat planted, the markets can turn their attention to weather and the growing season…and the winter wheat harvest that is underway.
With the region’s corn producers having completed their 2022 planting, the market will now start watching the weather closely to see what direction prices may move.
Canola prices have been volatile lately, with large one-day moves up or down depending on the day. The market is seeking direction as concerns shift from old crop supplies to new crop prospects. Soybean markets have helped the entire vegetable oil complex, recently hitting new highs. Renewab…
Soybean prices have remained high for several weeks in a row, but even with those high prices, demand for soybeans has remained very good over that time.
Unlike many other markets, there hasn’t been a lot of movement in durum prices for several weeks. That said, durum prices have continued to remain quite strong at over $13 a bushel.