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AGRIBUSINESS REPORT PODCAST – Guest: Bob Maurer is with Manduca Trading in Chicago, IL and talks about the ongoing volatility in commodity markets http://www.ParamountBroadcasting.com/audio/podcasts/20220509ABR.mp3
AGRICULTURE TODAY PODCAST for February 14, 2022 http://www.ParamountBroadcasting.com/audio/podcasts/20220214.mp3
AGRIBUSINESS REPORT PODCAST – Guest: Bob Maurer is with Manduca Trading in Chicago and is also online at www.MyFuturesAdvisor.com http://www.ParamountBroadcasting.com/audio/podcasts/20220124ABR.mp3
It was a disappointing week for U.S. commodity export sales, as USDA reported lower export sales for basically every major row-crop this past week. For the week ending October 21, 2021, actual exports were higher, week over week, for wheat and soybeans while it’s a marketing year low for cotton.
Though U.S. export commodity sales have been at impressive levels over the past 18 months, the Economic Research Service is predicting an all-time high for this fiscal year.
USDA’s latest WASDE report provides an increase in potential crop prices for wheat, no change for cotton, and lower prices for corn and soybeans.
The Chicago Board of Trade and Chicago Mercantile Exchange have announced a reset on price limits for grain, oilseed, and lumber futures.
According to a recent report from USDA, agriculture trade through exports has increased 6.6 percent over the past year – reaching their highest levels since 2014.
While many farmers are relieved to see higher prices in nearly every commodity market, bankers in the Southwest are alarmed by the expanding drought across the region.
USDA announced this week that the mango industry has voted to continue their federal research and promotion program while removing the provisions of frozen mangos as a covered commodity.
The Coronavirus Food Assistance Program provides vital financial assistance to producers of agricultural commodities, giving them the ability to absorb sales losses and increased marketing costs associated with the COVID-19 pandemic.
