Category Archives: Market Commentary

Importance of Argentina Soybean Production

Argentina is the world’s third largest soybean producer and is incredibly important to the global oilseed trade. Unlike many other countries, Argentina does not export the beans themselves. Most of the Argentina soybean production is exported as meal and other byproducts, as can be seen in the chart below.  From a crop production perspective, Argentina […]

Grain Open Interest At Multi Year Lows

Grain Open Interest

If you’ve been following the grain markets for the last year or two, you’ve definitely seen that they’ve been on a wide ride. On August of 2020, the nearby active corn contract opened at $3.15/bu. Almost a year and a half later in April of 2022, the nearby active corn contract opened at $7.48/bu – […]