RaboResearch Agri Commodities Podcast
1) The WASDE whispers: What markets did not hear on June 12
Join Carlos Mera and Charles Hart as they unpack the USDA’s June WASDE report in the latest ACMR podcast. At first – and even second – glance, this month’s WASDE might seem like a nonevent. The absenc...Show More
2) Espresso economics: The coffee rally explained
The second half of November saw coffee prices igniting, with arabica prices pushing well past USD 3/lb, a level not seen since 1977, and robusta prices breaking all-time records. Arabica prices have i...Show More
3) The cocoa rally explained
The cocoa rally shows no signs of slowing, with the London March24 contract up 58% YTD. Meanwhile, the New York contract set a new all-time high in the first half of February, surpassing, in nominal t...Show More
4) January 2024 WASDE: Disciplined consumers are rewarded
Last Friday the USDA released a catalogue of data: the January WASDE, quarterly grain stocks, and Winter Wheat and Canola Seedings. The releases were largely bearish and confirmed the views held in ou...Show More
5) Grain & oilseed markets move south
Join Rabobank's Agri Commodity Markets Research team for a deep dive into grain and oilseed markets. Since our bearish 2024 outlook was published on November 15, grain and oilseed prices have slid as ...Show More
6) Bulls feed on old grain
The October WASDE was viewed as a bullish report by the market, with corn, soy, and wheat futures all rising following its release. For corn in particular, it was higher old crop feed demand that caug...Show More
7) Softs Rally Hard
Since the start of the year we have seen simultaneous rallies in sugar (+15%), cocoa (+28%), and robusta coffee (+47%). This is rather unusual given these three commodities have very different fundame...Show More
8) April WASDE: USDA Cuts Argentine Yields
With minimum alterations for most countries, the April WASDE's main talking point was cuts in Argentine production for soybeans, wheat, and corn amid the ongoing drought. As these cuts were expected, ...Show More
9) Outlook 2023: Tightening the Belt
Join Carlos Mera and Michael Magdovitz for a look at the year ahead in ACMR's latest podcast. 2022 held unprecedented volatility for agricultural commodity markets, from the Russian invasion of Ukrain...Show More
10) October 2022 WASDE: USDA Scissorhands
On the latest RaboResearch Agri Commodities podcast, Carlos Mera and Michael Magdovitz discuss the October WASDE report. Poor 2022/23 US grain and oilseed harvests are forcing the USDA to become incre...Show More