The surge higher in fertilizer prices to a new record high may be the key factor to limit corn planted area.
Read MoreThe report news was bearish across the board, with stocks up near the high end of trade expectations and planted area above the average estimate and at a record high.
Read MoreIf the market extracts the war premium, the focus will return to normal fundamentals.
Read MoreThe market remains vulnerable to increased volatility as fund traders hold a huge net long position ahead of the USDA reports, and ahead of a possible cease-fire agreement.
Read MoreExport sales are impressive and remain on a record pace this year, and the expected shift lower in production for the second quarter is supportive.
Read MoreWhile the futures market is pricing in a much stronger than normal seasonal advance for June hogs, the cash fundamentals do not appear to be strong enough to support this move.
Read MoreCocoa has a bullish supply set-up this season, but continues to face headwinds from near-term demand concerns.
Read MoreWhile we think the markets are close to equilibrium values, Chinese demand fears and a continued flow of pre-sanctioned Russian oil supplies have left the bear camp in control.
Read MoreThe Petrobras gasoline price hike should give a badly-needed boost to Brazilian ethanol demand, and that can help sugar maintain upside momentum late this week.
Read MoreYesterday prices were pressured by the announcement of a very large bond offering from Europe and today the treasury markets are under pressure from risk on in equities and signs of declining flight to quality concerns in other markets.
Read MoreWith Brazil and Colombia continuing to see production issues, coffee prices should remain well supported.
Read MoreOn top of all the Black Sea issues, there is little or no rain in the forecast for the next two weeks for Kansas, Oklahoma and Texas and China officials are indicating China's winter wheat crop could be the worst in history, according to the agriculture minister
Read MoreJust as a cease-fire or sign of negotiation in the Ukraine situation could have hammered gold, palladium, platinum, and silver prices lower, a full-blown invasion by Russian troops has lit the bullish candle.
Read MoreGoing forward, the energy trade is likely to continue to factor in the prospect of a full block of Russian oil exports to countries participating in sanctions.
Read MoreAs of this writing many markets are at critical junctions.
Read MoreWeekly USDA Export Sales Report
Read MoreImproving weather conditions for South America, a bearish technical set up from recent technical reversals, and the overbought condition of the market leaves it vulnerable to additional long liquidation selling.
Read MoreThe big question is whether the energy complex has made a significant top or is simply in a corrective mode.
Read MoreNot surprisingly, treasury prices have “caught a bid” as the hype of a looming Russian invasion of the Ukraine has achieved a front and center status.
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