USDA reports lose relevance amid Middle East conflict while crude oil nears $100, fertilizer costs surge 80%, and market correlations signal risks.
Today I had a great time sitting down with Michelle Rook on AgWeb's Markets Now to break down what I am seeing in the grain, ...
KANSAS CITY, MISSOURI, US — Rising freight rates are a concern as the United States and Israel attack on Iran enters its ...
Wheat has hit its highest price in two years and rising fertilizer costs offset gains ...
Soybeans made new highs for the move during the session. Mark Schultz with Northstar Commodity says it was partly due to the rally in crude oil and soybean oil. However, there were also some other ...
In the past 18 months, there have been very few good opportunities for farmers to market corn and soybeans at favorable levels. This has resulted in a large amount of grain being sold below break-even ...
Three and a half years after Russia's full-scale invasion of Ukraine sent shockwaves through global markets, commodity prices have largely reset. Back in late February 2022, right as the war broke out ...
Front Month Nymex Crude for January delivery settled 1.1% lower at $68 a barrel. In the month, the contract lost 1.8%. Global commodity prices are expected to soften this year and next but remain ...
This analysis is by Bloomberg Intelligence Senior Commodity Strategist Mike McGlone , with contributing analysis by Jason F Miner, Ama Kyerewaa, and Alvin Tai. It appeared first on the Bloomberg ...