Page 3 - Commodity Pricing News Today

Grain markets were mixed on both sides of the Atlantic, as traders await the latest WASDE from the US Department of Agriculture (USDA), which is due to be released on Thursday; they are also weighing up weather linked risks in different regions globally.

The Panama Canal Authority (PCA) has restricted the number of daily vessel transits to 25 based on water levels.

ForFarmers' financial results for Q3 2023 show a recovery of underlying EBITDA. While sales volumes declined compared to the same period in 2022, they were roughly equal to Q2 this year.

Soymeal futures for December-reached a six-month high on a spot contract basis in previous days, after Bunge stoked concerns over soy soybean supplies running out in Argentina, finds an oilseeds market outlook from CRM Agri.

A recent USDA attaché report sees improved grain production in Ukraine over the next 12 months, with volumes set to exceed the previous year, particularly for corn.

Lower feed costs, better animal health, and improved productivity bolster global pork industry optimism despite challenging returns and uncertain consumption trends, finds a new report.

Louis Dreyfus Company (LDC) is to construct a new soybean processing plant in Ohio. The facility will comprise crushing, vegetable oil refining and lecithin production and packaging capabilities.  

We get the low down on developments in the global grain and oilseed markets from the UK's Agriculture and Horticulture Development Board (AHDB).

Rabobank, assessing the impact of the conflict in Israel, on food, energy, and fertilizer trends, says that if it is contained to the Israel and Gaza region it may not move the needle too much for energy, commodity or livestock prices.

The USDA has lowered its forecasts for US corn and soy production, causing price rises in the Chicago futures markets.