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Global Grain & Oilseed Markets
  • Update: Feed crop markets turn, but scarce liquidity complicates the situation
  • Lower prices have arrived, but a second deflationary round is looming. In our last grain markets article, we predicted that the mid-year feed crop rally would be short-lived and this proved to be the case within a few weeks of our report's release.
  • Enjoy higher feed crop prices, while you can
  • Bad weather, tight US fundamentals give corn and soy a lift but abundant global supplies, deteriorating liquidity point to a fourth quarter market correction. At the start of the growing season, it appeared that only unusually bad growing weather could push corn over US$4/bushel or soy above US$10/bushel.
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