Morning Report

Sep 23rd , 2020   A problem is a chance for you to do your best. – Duke Ellington USD/MT 09-23-2020 09-22-2020 […]

Black Sea Wire 8-12-20

Black Sea Wheat futures were lower on volume of 92,750 MT. 5,000 MT of Aug/Oct traded $2.75 lower at
$2 carry, 17,750 MT of September traded $0.50-1 lower between $200.50-201, 4,000 MT of Sep/March
traded $0.25 higher at $13.50 carry, 7,500 MT of October traded $1.75 lower at $202.50, 17,500 MT of
December traded $1-1.25 lower between $207.50-207.75, […]

Black Sea Wire 8-11-20

Black Sea Wheat futures were lower on volume of 15,950 MT. 13,450 MT of September traded $0.50-
1.25 lower between $201.25-202 and 2,500 MT of December traded $1 lower at $208.50. The last block
trade of the session was the lows in September following the GASC tender results. Both of today’s […]

August, WASDE Pre-Report – Soybean, 2020

With just a few weeks to go before the old crop campaign is completed, few anticipate any serious
revisions to the US and/or the World soybean matrixes. In the US, the crush may be raised between 10-
15 mil bushels,[…]

August, WASDE Pre-Report – Wheat, 2020

While the 2019/20 MY US crop numbers will not likely see any changes, the World wheat complex is always a fluid matrix for the WASDE Board, as they adjust and readjust continually to ‘make the numbers work’. Still, outside of a few minor revisions […]

August, WASDE Pre-Report – Corn, 2020

The US corn market is in the final weeks of the 2019/20 MY, and there could be a few minor tweaks to the old crop balance sheet – although nothing as major as last month’s June-stocks report induced revisions. Still, despite some recent sales to China for old crop slots, more than a few analysts expect a small cut in the export shipment projection; we use unchanged. […]