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USDA planting rattles soybean, corn outlooks while futures hit limits
In its quarterly update, the United States Department of Agriculture (USDA) did not deliver on an expected increase in the planted area for soybean and corn. What does this mean for the futures limits of both?
July 15, 2021
·
Insights
SSF 2021: Automotive producers likely to lead the drive to ‘green steel’
Automotive producers are likely to be the first downstream sector to shift toward using “green steel,” Saudi Arabian steel producer Sulb Co's chief executive Ravi Singh told delegates at the Singapore Steel Forum 2021 on Wednesday July 14.
July 14, 2021
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By Paul Lim
Insights
MORNING VIEW: Base metals prices consolidate on a back foot as upside mainly capped
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were generally weaker this morning, Wednesday July 14, after stronger-than-expected inflation data from the United States on Tuesday raised concerns.
July 14, 2021
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By William Adams
Insights
MORNING VIEW: Base metals mixed, but broader markets generally weaker
Base metals prices on both the LME and SHFE were mixed this morning, Thursday July 8, after the United States Federal Reserve’s latest minutes showed a slight pick-up in hawkishness.
July 8, 2021
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By William Adams
Insights
MORNING VIEW: Base metals start to recover after Tuesday sell-off – all eyes on US Fed
Base metals prices on the London Metal Exchange were up across the board this morning, Wednesday July 7, suggesting dip buying after Tuesday’s weakness that saw copper, aluminium and nickel fall by 2%, or more.
July 7, 2021
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By William Adams
Insights
MORNING VIEW: Base, precious metals higher across the board in Shanghai
Base metals, iron ore, rebar and precious metal prices on the Shanghai Futures Exchange were up across the board this morning, Monday July 5, with all the base metals, apart from lead, also higher on the London Metal Exchange.
July 5, 2021
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By William Adams
Insights
MORNING VIEW: Base metals prices mixed, showing some divergence
Base metals prices on both the London Metal Exchange and the Shanghai Futures Exchange were mixed this morning, Friday July 2, and were looking quite divergent.
July 2, 2021
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By William Adams
Insights
US Supreme Court ruling to have limited impact on biofuel waivers
A recent ruling by the United States Supreme Court on biofuels reopens the door to extensions for all who want exemptions to biofuel blend requirements. How will the decision impact biodiesel production?
July 1, 2021
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Insights
Vegetable oil refining is expanding in the US – what does this mean for soybean prices?
Growth in renewable diesel production in 2020-21 is driving the spread between refined and crude degummed soybean oil to a record level. Will the spread eventually return to normal levels?
July 1, 2021
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Insights
USDA preview: US stocks slashed, but acreage boost redresses
Fastmarkets AgriCensus previews the United States Department of Agriculture's (USDA) upcoming stock and planting updates for corn and soybeans.
July 1, 2021
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By Timothy Worledge
Insights
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