Consus Ag Consulting AM Market Brief
U.S. corn planting reached 11% last week, matching last year’s pace, while emergence is already 4% ahead of normal. Soybean planting jumped to 12%, outpacing the prior season by 5%. Winter wheat conditions remain weak, with only 30% rated good/excellent and 34% poor/very poor, a 4% rating drop in a week. Futures reflected the mixed outlook, with wheat and soybeans modestly higher and corn largely unchanged.
Consus Ag Consulting Afternoon Wrap Up
Grain futures rallied on Monday, with wheat leading the charge as drought concerns in the U.S. Plains and reports of field abandonment tightened supplies. Corn followed wheat’s upward trend, buoyed by the same weather worries, while soybeans lagged due to...
Consus Ag Consulting Afternoon Wrap Up
Early trade on Friday was shaped by pre‑weekend position squaring and shifting dynamics in the Persian Gulf. A tentative cease‑fire between the U.S. and Iran, along with an Israel‑Lebanon truce, eased some headline risk but left uncertainty about troop movements....
Consus Ag Consulting AM Market Brief
Overnight commodity trading slipped, with corn briefly rallying before profit‑taking set in. Energy markets softened after Israel and Lebanon announced a 10‑day cease‑fire, though the truce is seen as fragile. Ongoing tensions between the United States and Iran keep oil...
Consus Ag Consulting AM Market Brief
Overnight grain markets were mixed, with corn and soybeans gaining while wheat edged lower. May corn futures broke a $4.46 double‑top, suggesting a potential new support zone. Energy price rebounds and a heightened risk premium are underpinning soybean strength, and...
Consus Ag Consulting AM Market Brief
Corn, soybeans and wheat all posted gains in overnight trade as bearish headlines fade, yet bullish catalysts remain scarce, limiting upside. The energy complex slipped lower this morning, further dampening ag price momentum. US soybean planting is on a record‑fast...
Consus Ag Consulting Afternoon Wrap Up
Grains opened the week higher, led by wheat gains after rain fell across the Southern Plains. Reduced global grain production forecasts from U.S. competitors and a strong energy complex further buoyed prices. Soybeans showed mixed movement, with the fourth day...
Consus Ag Consulting AM Market Brief
Grain prices posted solid gains in overnight trade, with corn flash sales resuming despite modest volumes. Soybean contracts are firming as fresh buying interest emerges, while steady export demand and concerns over rising input costs underpin contract support. Wheat is...
Consus Ag Consulting AM Market Brief
Corn, soybeans and wheat traded in mixed directions as market consolidation persisted, with traders positioning ahead of the upcoming monthly WASDE report and the weekend. Geopolitical uncertainty in the Middle East, especially the ongoing Israel‑Lebanon clashes and Iran’s actions, has...
Consus Ag Consulting Afternoon Wrap Up
Overnight markets swung wildly, with the agriculture sector, energy stocks and the US dollar all posting steep losses, while US equities opened the day on a strong note. The swing followed a newly‑brokered two‑week cease‑fire between the United States and...
Consus Ag Consulting AM Market Brief
A two‑week ceasefire between the United States and Iran was secured, reopening the strategic Straits of Hormuz for vessel traffic. Crude oil prices plunged roughly $20 per barrel in overnight trading, while the U.S. dollar weakened sharply. U.S. equities and...
Consus Ag Consulting AM Market Brief
U.S. corn, soybeans and wheat futures slipped this morning as traders took light profits and awaited the upcoming USDA WASDE report. The USDA is not expected to alter corn or soybean balance sheets, while wheat ending stocks are projected to...
Consus Ag Consulting Afternoon Wrap Up
Futures were mixed on Monday, with corn and soybeans gaining while wheat slipped. Strong weekly export figures and a rally in the energy complex lifted grain prices, and interior processing margins continued to improve. Ethanol margins averaged about $0.40 per...
Consus Ag Consulting AM Market Brief
Corn, soybeans and wheat rebounded from Friday’s losses as the market closed for Good Friday, tightening liquidity and elevating existing positions. February crush and grind data matched expectations, while weekly export sales are projected to mirror last week’s figures. Traders...
Consus Ag Consulting Afternoon Wrap Up
U.S. agricultural futures opened April on a sharp decline, driven more by a White House announcement that the Iran conflict may be winding down than by fundamental supply‑demand factors. USDA data were largely neutral, with corn acreage edging higher and...