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U.S. Corn Export Sales Beat Forecasts
Export sales of U.S. corn rose just above the high-end of analyst predictions for the week as soybean export sales again fell on the low side.
Huatai Securities: New soybean supply and demand easing, global corn production may be reduced
The USDA slightly lowered the forecast for Brazilian soybean production by 1 million tons due to the severe flooding in southern Brazil. The impact is still ongoing, and continuous follow-up is required.
US Sees Tighter Grain Supplies, Sending Prices Higher
Global grain supplies will be tighter in the coming season, setting the stage for higher prices for agricultural commodities as economies are still coping with stubborn inflation, according to a key US forecast.
U.S. Grain Export Sales Fall Within Estimates
U.S. grain export sales reported by the Department of Agriculture fell within the estimates of analysts surveyed by The Wall Street Journal this week.
Canadian Stocks of Wheat Fall, Canola Rise
OTTAWA--Canadian stocks of wheat are down sharply on last year, while canola stocks have risen with a sharp fall in exports.
Weather, market sentiment, growing regions, who dominated the agricultural products market in the second quarter?
Weekly overview of this week's price changes Over the past week, CBOT agricultural product prices have basically fluctuated in the range, but soybean oil prices have declined. The USDA report for April is in line with market expectations, with minimal volatility, as people now pay more attention to planting progress and weather effects. We are entering the so-called weather market, and long-term pricing for commodities will largely depend on weather forecasts and actual conditions in key growing regions. The importance of this stage has been amplified by the current tight balance between supply and demand for various crops, limiting the margin of error when weather adversely affects yield. This situation has exacerbated the price pair