by Travis Martin | Jan 15, 2021 | Uncategorized
Corn and soybean data stole the show at Tuesday’s WASDE report reveal. The commodity cousins duked it out for the top headline as 2020 corn yield projections tanked and soybean stocks were tight. The rundown: A 3.8-bushel yield drop for corn was the first bomb to drop...
by Travis Martin | Jan 5, 2021 | Uncategorized
Soybeans sure feel rejuvenated after the holiday break. Abundant demand and tight supplies are leading to +$13 prices, not seen since 2014. A trifecta of drivers are leading to the tightest demand-supply split in over six years: → China’s heavy purchases – $6.8...
by Travis Martin | Dec 18, 2020 | Uncategorized
An international fight over fertilizer is making waves. The backstory: In July, U.S. fertilizer giant Mosaic Co. petitioned to the Department of Commerce that something hairy was going on in Russia and Morocco with phosphate prices. A glut of cheap, imported phosphate...
by Travis Martin | Dec 15, 2020 | Uncategorized
Last week in California, water became a commodity crop. And like many resources with a supply- and demand-strained relationship, water found its way to a futures contract. Investors across the globe now have access to the CME exchange where they can buy and sell the...
by Travis Martin | Dec 11, 2020 | Uncategorized
Go big or go home: the mantra of China’s top pig producer.Muyuan Foods is building the largest single site hog farm in the world. After African Swine Fever [ASF] demolished China’s pig population and sent pork prices to double their previous record, Muyuan is banking...
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