World Food Production Blog

The World Food Production Blog is one of the world’s leading informational resources on global agricultural production and its impact on food prices worldwide.

Morning Dairy Comments, 10/24/2016

Monday, October 24, 2016

General Market News · Chinese police arrested 19 people for repackaging & selling expired dairy products originally from NZ Fonterra · Butter pricing has fallen steadily for the past several weeks. So far, inventories are in a good position for fall demand... Learn More →

Corn Report, 10/25/2016

Monday, October 24, 2016

After a up and down week bouncing between $3.50 and $3.60 like a pong board we had a rather subdued end of the week with Friday having a 4 cent range and CZ closed the week at $3.5250 with the fund buying any estimated 5K contracts. The CFTC report showed that the funds position as of Tuesday was... Learn More →

Corn Report, 10/17/2016

Monday, October 17, 2016

With fund buying support, corn was able to bust through and solidly trade higher the $3.50 support level, reaching a high of $3.5875 before settling for the week at $3.5425 with funds buying an estimated 13K contracts. With the strength from the end of last week, we are flirting with the 100MA and... Learn More →

Morning Dairy Comments, 10/17/2016

Monday, October 17, 2016

General Market News · Amazon adding 120,000 workers to meet holiday demand · PepsiCo sets goal to reduce sugar and saturated fat in its products by 2025 · U.S. Steel shares could rise 50% in a year · EU Ministers mull Syria sanctions to stop Aleppo strikes · Regulator encourages more... Learn More →

Morning Dairy Comments, 10/13/2016

Thursday, October 13, 2016

General Market News · Weak China data, stronger Dollar send global stocks skidding lower · U.S. dairy farmers dumped 43 million gallons of milk this year · NZ farmers back new-look Fonterra governance model · U.S. jobless claims at... Learn More →

Corn Report, 10/13/2016

Thursday, October 13, 2016

December corn had a wild day yesterday trading 3 higher and 9 lower in the range and settled 8 ½ lower at the close. Funds sold 14,000 (some think 20,000) contracts. This was in spite of a USDA Supply / Demand report that decreased production, increased demand, and decreased carryout. Fund selling... Learn More →

Morning Dairy Comments, 10/11/2016

Tuesday, October 11, 2016

General Market News · Crude oil closes at its highest price in over a year despite a rally in the USD · The gains for energy prices were driven by statements from Saudi Arabia’s energy minister as well as Russian President Putin about a potential output freeze and also supported equities yesterday ... Learn More →

Corn Report, 10/11/2016

Tuesday, October 11, 2016

December corn firmed up early yesterday and closed 3 ¾ higher on the day on light volume and a narrow 5 cent range. Funds bought 5,000 contracts on the day. Technically corn closed right up against the down trend line. We are trading mixed to lower this morning and If we close much higher today, we... Learn More →

Soybean Report, 10/10/2016

Monday, October 10, 2016

Lower to start the week as yields continue to improve, astound or just plain exceed expectations. Tomorrow is report day, probably would have been today had it not been a federal holiday. Anyway, most expect the bean number to grow as should carry out stocks. Interesting trade on Friday with... Learn More →

Morning Dairy Comments, 10/10/2016

Monday, October 10, 2016

General Market News · Stronger dairy prices could last into 2017 – report · China’s services sector created jobs at fast pace in 7 months · Oil approaches one year high as speculators buy into output cut deal · Missiles fired toward... Learn More →

Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

Market Intelligence Free Trial