October Market Update Summary Harvest Season Kicks Off with Strong Yields & Accelerated Pace Across the Region Harvest is progressing ahead of the five-year average across much of the Midwest. National corn production is forecast at 16.8 billion bushels from a record 98.7 million acres, with yields averaging 186.7 bu/acre. Soybeans are projected at 4.30 billion bushels, with […]

 September Market Update Summary OPEC+ plan to increase output 137,000 b/d in Oct continues BEARISH trend for Dated Brent OPEC+ announced Sept. 7 a 137,000 b/d increase in output for October. Which is in addition to the previously announced 2.2 million b/d of OPEC+ voluntary cuts. This move is BEARISH for oil prices. In its announcement, […]

 August Market Update Summary Current Market Outlook The global petroleum market is facing a delicate balance between geopolitical tensions and supply dynamics. According to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, Brent crude oil prices are forecast to average $69 per barrel in 2025, a modest increase driven by heightened geopolitical risks—particularly surrounding Iran’s […]

 July Market Update Summary Current Market Review The market, ahead of peak summer supply and demand, is working to find a balance for projected demand. Both gasoline and diesel demand are down – gasoline down 1% year-over-year through June with decreased recreational travel, and diesel falling 115,000 barrels/day in March, with demand expected to fall through […]