Consus Ag Consulting AM Market Brief
Global grain markets opened higher, led by wheat, while corn and soybeans added modest weather premiums. Recent revisions show Russia maintaining its wheat outlook, but Australia’s drought now threatens roughly one‑third of its crop and Argentina has trimmed its forecast. The U.S. Plains are slated for light rain that offers limited drought relief. Strong Chinese demand, bolstered by lower domestic yields, continues to underpin wheat prices.
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...
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...
Consus Ag Consulting AM Market Briefing
Overnight markets flipped, with grain futures slipping while soybean contracts rose. The shift comes amid a quiet news week ahead of next week’s USDA quarterly stocks and prospective plantings reports. Analysts are trimming corn acreage expectations and expanding soybean plantings,...
Consus Ag Consulting Afternoon Wrap Up
Futures were mixed on Tuesday, with grain contracts climbing while soybeans slipped, reflecting a modest correction from the previous session’s volatility. Market activity remained thin due to a lack of fresh news, especially regarding the ongoing US‑Iran conflict. The White...
Consus Ag Consulting Afternoon Wrap Up
Futures markets opened mixed but slipped into negative territory by mid‑session as traders engaged in end‑of‑week profit taking and consolidation. The lack of fresh domestic news left markets vulnerable, while external geopolitical developments dominated headlines. Growing concerns over the US‑Iran...
Consus Ag Consulting AM Market Brief
Corn, soybeans and wheat rallied this morning as strength in the energy complex spilled over into grain markets. The rally is tied to heightened uncertainty from the expanding US‑Iran conflict, which has disrupted energy infrastructure and kept investors seeking safe‑haven...
Consus Ag Consulting AM Market Brief
Overnight trading saw corn futures slip modestly, wheat rise, and the soybean complex trade both up and down. Fundamental drivers were scarce, with Brazil’s soybean harvest and safrinha planting progressing at divergent rates, while a dry spell in southern Argentina...
Consus Ag Consulting Afternoon Wrap Up
Today's agricultural futures market moved in mixed directions before rallying across the board. Soybeans saw spread trading keep spot prices flat while deferred contracts gained, and the whole soy complex later rose on energy support. Corn prices were buoyed by...
Friday Footnotes: Wheat Balance Sheet Blind Spots
The article highlights the concept of wheat balance‑sheet blind spots, emphasizing that reported inventory figures often ignore physical accessibility and quality constraints. It explains that a grain elevator’s listed wheat may not meet specifications or be readily deliverable due to...
Consus Ag Consulting Afternoon Wrap Up
After a weaker overnight session, the market opened mixed with grains under pressure and soybeans gaining. Soy products rallied, driven by speculation that soybean balance sheets may tighten enough to trigger rationing. Grain prices were weighed down by divergent global...
Consus Ag Consulting AM Market Brief
Futures across several markets, including agriculture, opened weaker as energy prices corrected following President Trump’s remarks that the Iran conflict may be winding down. Crude fell nearly $8 per barrel amid expectations of strategic reserve releases and possible easing of...
Consus Ag Consulting Afternoon Wrap Up
Futures opened strongly on Thursday, driven by robust corn export data and concerns over dry soils across the U.S. Plains, before turning mixed by mid‑day. Grain contracts gained further support from a firm global market and speculation that planting delays...
Consus Ag Consulting AM Market Brief
Corn, soybeans and wheat opened the month with firm trade but moved to mixed pricing as the night session progressed. Market focus shifted to geopolitics after the United States and Israel launched attacks on Iran, prompting risk‑led buying and sharp...
Consus Ag Consulting Afternoon Wrap Up
Futures opened narrowly mixed as traders focused on month‑end positioning, with limited fresh news and low volume. In South America, Brazil soybean quality is slipping due to excess moisture, raising concerns for both soy and upcoming corn crops. Meanwhile, wildfires...
Consus Ag Consulting Afternoon Wrap Up
The episode reviews the overnight futures market, noting mixed grain movements and modest profit taking in soybeans. A pivotal moment came when the U.S. Supreme Court, in a 6-3 decision, ruled that President Trump’s tariffs were invalid because only Congress...
Consus Ag Consulting Afternoon Wrap Up
The episode reviews the day's agricultural market activity, noting a shift toward consolidation and profit‑taking ahead of the President’s Day holiday, which typically boosts contract positioning. It highlights mixed South American weather impacts, with particular focus on Argentina’s continued crop...
Consus Ag Consulting Afternoon Wrap Up
The episode reviews the afternoon market dynamics for corn, soybeans, wheat, and livestock futures, noting a shift from steady to lower overnight prices before a positive day‑trade bounce driven by soy meal and oil strength and weather concerns in South...
Consus Ag Consulting Afternoon Wrap Up
The episode reviews the mixed early‑trade futures landscape, noting grain prices slipping while soybeans rose on expectations of sustained demand despite uncertain Chinese imports. It highlights Brazil's soybean dynamics—rising harvests but limited exports due to domestic crusher buying and a...