A flood of export news for the soybean market lifted the market last week, with heightened trade tensions shifting from a source of concern to a source of support. Other highlights include consideration of year-round sales of E15 and a re-entering of TPP talks by the Trump administration.
Also in this week’s letter, you’ll find analysis of USDA’s latest Supply & Demand Report and an update on how they compare to the Pro Farmer/Doane balance sheets.
On the weather front, the 2018 growing season is off to a slow start and a weekend storm won’t help the situation. But traders in the wheat market have shifted their attention to the lackluster demand situation for now.
Find more on these topics and others in this week’s newsletter.
Download it here and watch a video where Editor Brian Grete gives you a sneak preview of what’s inside this week’s letter!