Insights and Stories of gavin-maguire

Jul. 23, 2013 at 4:04 pm CDT

China and Egypt look set to duke it out for top spot on the world wheat import rankings in 2013. Frost and heavy rains shaved millions of tonnes off the Chinese wheat crop this year and traditional number one importer Egypt finally regained access to sufficient financial resources to resume […]

By gavin-maguire

Jul. 22, 2013 at 10:48 am CDT

New-crop November soybean futures prices have been in a holding pattern lately on either side of $12.50 a bushel as market participants bide their time ahead of the 2013 crop’s most critical and rain-dependent developmental phase during the first half of August. But judging by the fact that there are […]

By gavin-maguire

Jul. 15, 2013 at 12:59 pm CDT

The U.S. Department of Agriculture just upwardly revised U.S. wheat production prospects on the back of better-than-expected yield reports emerging from the ongoing U.S. harvest. But even as harvest progress continues to weigh on near-term market sentiment, wheat prices are at risk of pushing higher as global demand prospects pick […]

By gavin-maguire

Aug. 23, 2012 at 10:04 am CDT

The July-September quarter is traditionally a soft period for U.S. soybean exports as the world’s top buyers of the oilseed typically divert their buying interest to South American suppliers while the U.S. crop rounds out the growing season. But the shortage of supplies in Brazil and Argentina following this year’s […]

By gavin-maguire