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After the Bell | March 28, 2024
After the Bell | March 28, 2024

After the Bell | March 28, 2024

Pro Farmer's Daily Advice Monitor
Pro Farmer's Daily Advice Monitor

Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.

PF Report Reaction: Bullish USDA data for corn
PF Report Reaction: Bullish USDA data for corn

Corn planting intentions and March 1 stocks came in lower than expected.

Report Snapshot: USDA shows lighter-than-expected corn acres and stocks
Report Snapshot: USDA shows lighter-than-expected corn acres and stocks

USDA reported corn acres of 90.036 million acres for 2024 and March 1 stocks of 8.347 billion bu., both well below trade estimates. Soybean acres were slightly lower than expectations, while stocks were higher.

Timeline and Issues in Getting Baltimore Port Channel Reopened
Timeline and Issues in Getting Baltimore Port Channel Reopened

Exxon Mobil and SAF | Fed governor says ‘no rush’ to lower rates | Russia aids Cuba | Key USDA reports today

Cattle Strength Wanes | March 28, 2024
Cattle Strength Wanes | March 28, 2024

Japan works to support Yen, Eurozone cuts production forecast and the Biden Administration will repair Baltimore Bridge...

Ahead of the Open | March 28, 2024
Ahead of the Open | March 28, 2024

Corn, soybeans and wheat traded in tight ranges overnight, with grains showing relative strength into the break.

Weekly wheat sales exceed expectations, while soybeans miss
Weekly wheat sales exceed expectations, while soybeans miss

Weekly wheat sales were just above the pre-report range for the week ended March 21, while soybean sales missed the expected range by 36,000 MT. Corn sales held steady at 1.21 MMT.

First Thing Today | March 28, 2024
First Thing Today | March 28, 2024

Corn, soybeans and wheat traded in narrow ranges during the overnight session ahead of USDA’s reports later this morning.

After the Bell | March 27, 2024
After the Bell | March 27, 2024

After the Bell | March 27, 2024

Market Watch | March 27, 2024
Market Watch | March 27, 2024

Cash cattle prices soar to all-time high.

Baltimore Bridge Collapse: Limited Impact on Trade Basis Channel Reopening Timeline
Baltimore Bridge Collapse: Limited Impact on Trade Basis Channel Reopening Timeline

RFK Jr. VP | Dairy cattle bird flu update | John Deere layoffs | Dollar/yen exchange rate 34-year high

Ahead of the Open | March 27, 2024
Ahead of the Open | March 27, 2024

Corn and soybeans each favored the downside overnight, with corn leading the way lower. Wheat showed relative strength and went into the break near unchanged.

First Thing Today | March 27, 2024
First Thing Today | March 27, 2024

Corn, soybeans and wheat extended Tuesday’s losses during the overnight session.

Midweek Cash Markets | March 26, 2024
Midweek Cash Markets | March 26, 2024

Corn and soybean basis firmed a little as cash prices weakened.

After the Bell | March 26, 2024
After the Bell | March 26, 2024

After the Bell | March 26, 2024

Bridge in Baltimore Collapses into River Early Tuesday After Being Hit by Large Containership
Bridge in Baltimore Collapses into River Early Tuesday After Being Hit by Large Containership

Bird flu in U.S. dairy cattle | CEOs meet with Xi | Food prices | Donuts at McDonalds | Gas at $4?

U.S. and U.K. Accuse China of Cyberespionage | March 26, 2024
U.S. and U.K. Accuse China of Cyberespionage | March 26, 2024

HRW crop improves, Baltimore Bridge struck by cargo ship and U.S. frozen meat inventories decline...

Ahead of the Open | March 26, 2024
Ahead of the Open | March 26, 2024

Corn, soybeans and wheat each faced mild price pressure in a relatively quiet overnight session. Trade so far this week has been largely positioning ahead of Thursday’s USDA reports.

First Thing Today | March 26, 2024
First Thing Today | March 26, 2024

Corn, soybeans and wheat faced mild price pressure during a relatively quiet overnight session.

HRW wheat conditions continue to improve in March
HRW wheat conditions continue to improve in March

State-level winter wheat condition ratings signaled more general improvement in the HRW crop over the past month, despite a minor downtick in top producer Kansas.

Dairy cow disease tied to HPAI
Dairy cow disease tied to HPAI

USDA says a small number of dairy herds in Texas and Kansas tested positive for a strain of highly pathogenic avian influenza (HPAI).

February frozen meat stocks signal strong demand
February frozen meat stocks signal strong demand

Frozen pork stocks declined contra-seasonally during February, while beef inventories fell more than average.

After the Bell | March 25, 2024
After the Bell | March 25, 2024

After the Bell | March 25, 2024

Weekly corn inspections remain solid
Weekly corn inspections remain solid

Corn inspections during the week ended March 21 totaled 1.228 MMT, down nearly 100,000 MT on the week but more than double the same week a year-ago. Meanwhile, soybean inspections rose 68,000 MT on the week.

Monday Morning Wake Up Call | March 25, 2024
Monday Morning Wake Up Call | March 25, 2024

Grain futures are mildly firmer to open the week. Cattle futures are under pressure from last Friday's Cattle on Feed Report.

Japan & China Defend Currencies
Japan & China Defend Currencies

EU conducting investigations into major tech companies under Digital Markets Act

Ahead of the Open | March 25, 2024
Ahead of the Open | March 25, 2024

Corn traded in a tight range overnight while soybeans and wheat favored the upside. Volatility is likely to remain limited in corn until Thursday’s USDA reports.

Chart Trends | March 25, 2024
Chart Trends | March 25, 2024

Short-term trend turns bearish for cotton.

First Thing Today | March 25, 2024
First Thing Today | March 25, 2024

Corn and soybean futures swung to both sides of unchanged during the overnight session, while wheat favored the upside.

Biden Signs Second Spending Package; Congress Departs for Two Week Easter Recess
Biden Signs Second Spending Package; Congress Departs for Two Week Easter Recess

Next up in Congress: Aid for Ukraine & Israel; House farm bill focus in April and/or May

After the Bell | March 22, 2024
After the Bell | March 22, 2024

After the Bell | March 22, 2024

Analysis Begins on GREET Model and 45Z Program Impacts
Analysis Begins on GREET Model and 45Z Program Impacts

FY 2024 funding | Border tensions | Paraguayan beef trade | Labeling of cell-cultured meat & poultry products

Ahead of the Open | March 22, 2024
Ahead of the Open | March 22, 2024

Corn, soybeans and wheat each favored the downside overnight, though pared losses into the break.

First Thing Today | March 22, 2024
First Thing Today | March 22, 2024

Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.

Key Issues Addressed by Vilsack at House Ag Appropriations Subcommittee Hearing
Key Issues Addressed by Vilsack at House Ag Appropriations Subcommittee Hearing

WIC | CCC | SNAP | Biofuels, GREET, SAF | China | Farm income | Ag aid | Dairy

bank-hastings
Rural Mainstreet Economy Weakest Since June 2020

Creighton University's monthly survey finds negative outlook by bankers deepening but farmland values holding stable.

After the Bell | March 21, 2024
After the Bell | March 21, 2024

After the Bell | March 21, 2024

Survey Finds Illinois Land Prices Holding Steady-to-Up
Survey Finds Illinois Land Prices Holding Steady-to-Up

Annual report from Illinois Society of Professional Farm Managers and Rural Appraisers.

Gold Prices Spike Highs | March 21, 2024
Gold Prices Spike Highs | March 21, 2024

Lower global prices to spur Chinese demand, Congress releases minibus bill and EU PMI rises...

Fed Watcher: ‘Major Focus Needs to Be on Growth and Whether Growth Can Hold Up’
Fed Watcher: ‘Major Focus Needs to Be on Growth and Whether Growth Can Hold Up’

FOMC details | Hearing on China | Billions for microchips | Tax bill fate | Second minibus

Upper Midwest will remain area of concern through spring
Upper Midwest will remain area of concern through spring

The Seasonal Drought Outlook calls for drought to persist across much of Iowa, Minnesota and Wisconsin through June.

Ahead of the Open | March 21, 2024
Ahead of the Open | March 21, 2024

Corn, soybeans and wheat each favored the upside overnight, though corn and soy went into the break well off session highs.

Weekly wheat sales forge new marketing-year low
Weekly wheat sales forge new marketing-year low

Weekly wheat sales were reported at (109,600) MT for the week ended March 14, which were down noticeably from the previous week. Corn and soybean sales were as expected.

First Thing Today | March 21, 2024
First Thing Today | March 21, 2024

Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.

Market Watch | March 21, 2024
Market Watch | March 21, 2024

Cash cattle prices nearing their record high posted in summer 2023.

Midweek Cash Markets | March 20, 2024
Midweek Cash Markets | March 20, 2024

Cash hogs continue the seasonal price climb.

Fed still expects three rate cuts in 2024, but there's a twist
Fed still expects three rate cuts in 2024, but there's a twist

Most Fed officials expect three rate cuts this year, but fewer committee members anticipate more than three reductions.