{"id":9512,"date":"2025-03-14T16:29:33","date_gmt":"2025-03-14T20:29:33","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=9512"},"modified":"2025-03-14T16:29:33","modified_gmt":"2025-03-14T20:29:33","slug":"agriculture-futures-mixed-2","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/ar\/agriculture-futures-mixed-2\/","title":{"rendered":"Agriculture Futures Mixed"},"content":{"rendered":"\n\n\n
US agricultural products managed to offset some of their losses despite weak US exports.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Wheat<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Wheat futures hold above $5.5 mark as demand for US wheat weakened<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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  • US wheat exports plummeted more than 20% y\/y in February.<\/li>\n
  • Wheat futures remain above $5.50 per bushel, recovering from a six-month low of $5.16 on March 4th.<\/li>\n
  • The USDA’s March report showed an increase in US wheat supplies, primarily from higher imports, although domestic use and exports have fallen.<\/li>\n
  • The USDA’s latest projections also indicated an unexpected rise in US wheat acreage and a significant increase in supplies for the 2025\/26 season.<\/li>\n
  • While US stocks are up, global supplies are tightening due to adverse weather in major exporting regions.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
    Corn<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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    Corn futures rebound, but concerns remain<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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    • US exports increased in February y\/y, approaching a 9% annual growth rate.<\/li>\n
    • Corn futures rebounded to $4.70 per bushel from a near three-month low of $4.27 on March 4th, supported by tighter global supplies and trade uncertainties.<\/li>\n
    • March’s WASDE report showed a 1.4 million-ton decline in global ending stocks to 288.9 million, driven by lower inventories in China and Argentina.<\/li>\n
    • While global production is forecast higher due to gains in India, Russia, and Ukraine, output in South Africa and Mexico is set to decline.<\/li>\n
    • In South America, favorable weather in Brazil accelerated the 2024\/25 soybean harvest, clearing the way for second-crop corn planting, while improved rainfall forecasts in Argentina bolstered yield expectations, limiting the rise in corn prices.<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
      Soybeans<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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      US soybean exports and prices fell<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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      • US soybean exports for February fell nearly 50% compared to last year.<\/li>\n
      • Soybean futures remained above $10.00 per bushel, recovering from a near two-month low of $9.78, amid expectations that China will shift back to US soybeans once Brazil’s supply starts to deplete.<\/li>\n
      • This outlook is supported by a tightening global supply, driven by a 1.1-million metric ton decrease in global ending stocks, now estimated at 93.6 million.<\/li>\n
      • The surge in global soybean crush, particularly from key buyers like China, Argentina, and others, is also supporting prices.<\/li>\n
      • However, these gains are constrained by weak soybean oil prices, concerns that Chinese deflation could temper broader demand, and a strong South American harvest, which could further limit US exports.<\/li>\n<\/ul>\n

         <\/td>\n<\/tr>\n<\/tbody>\n<\/table>","protected":false},"excerpt":{"rendered":"

        US agricultural products managed to offset some of their losses despite weak US exports. Wheat Wheat futures hold above $5.5 mark as demand for US wheat weakened US wheat exports plummeted more than 20% y\/y in February. Wheat futures remain above $5.50 per bushel, recovering from a six-month low of $5.16 on March 4th. The […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9512","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/9512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/comments?post=9512"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/9512\/revisions"}],"predecessor-version":[{"id":9513,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/posts\/9512\/revisions\/9513"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/media?parent=9512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/categories?post=9512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/ar\/wp-json\/wp\/v2\/tags?post=9512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}