Latest From News

Short-term trend turns bullish for wheat, soymeal and cattle futures.

Wet, severe weather in U.S. | Heavy rains threaten China’s rice crop | Rule on H-2A workers

Soybeans strengthened overnight, along with soymeal and soyoil, while corn traded in a tight range around unchanged and wheat was widely mixed.

FOMC decision and Powell presser Wed. | Jobs report Friday

After the Bell | April 26, 2024

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

Access this week's newsletter here.

USDA’s Animal and Plant Health Inspection Service (APHIS) updated requirements for dairy cattle as follows:

Why corn producers will be pleased with coming House GOP farm bill proposals

Corn and wheat traded in narrow ranges near unchanged most of the night, while soybeans showed modest weakness.

Corn, soybeans and wheat traded in narrow ranges during a quiet overnight session.

After the Bell | April 25, 2024

Coming House measure has some farmer-friendly proposals for crops, livestock and dairy

Columbia embargoes beef from certain U.S. States, Yen falls to long-time low and pal oil producers push back on E.U. climate regs...

U.S. GDP increased at 1.6% rate in first quarter, less than expected

Wheat led strength overnight, with corn following modestly to the upside. Soybeans favored the downside and went into the break near session lows.

Weekly corn sales for the week ended April 18 topped pre-report expectations by a notable margin, while soybean sales missed the pre-report range.

Soybeans pulled back from recent gains overnight, while corn and wheat traded on both sides of unchanged.

Big weekly increase in cash wheat prices.

Wheat basis held relatively steady despite the big jump in cash prices.

Frozen beef stocks declined more than average during March, signaling demand remains strong. Pork inventories built contra-seasonally last month.

USDA’s Animal and Plant Health Inspection Service (APHIS) will require testing for the H5N1 virus in dairy cattle crossing state lines. Any detection of the disease must also be reported.

After the Bell | April 24, 2024

USDA rule on nutritional standards in school meals; first-ever limits on added sugars in school meals

Corn, soybeans and wheat each traded in tight ranges overnight considering the recent volatility.

Grain futures mildly pulled back from recent corrective gains during the overnight session.

After the Bell | April 23, 2024

Cordonnier leaves South American crop estimates unchanged, Russia damages export infrastructure and Blinken will visit Beijing...

Archer Daniels Midland CFO to resign amid DOJ investigation

Corn, soybeans and wheat favored the upside in early overnight trade, though sellers emerged early this morning, bringing corn and soybeans below yesterday’s close.

Wheat futures posted followthrough to Monday’s strong gains overnight, while buying was limited in corn and soybeans.

The HRW CCI rating has declined each of the three weeks this spring, while the SRW rating has improved each week.

After the Bell | April 22, 2024

Weekly corn inspections for the week ended April 18 exceeded pre-report estimates by 120,000 MT, while soybeans and wheat were within expectations.

Corn and soybean futures are under light pressure as wheat futures firm. Fat cattle are higher with feeder futures lower. Lean hogs are posting sharp early gains...

U.S. to introduce stricter standards aimed at enhancing integrity of carbon markets

Corn and soybeans favored the downside overnight, though buying activity increased into the break. Wheat favored the upside and went into the break near session highs.

Short-term trend improves for lean hog futures.

Winter wheat markets built on Friday’s corrective gains during overnight trade, while corn, soybeans and spring wheat struggled to find followthrough buying.

Some House GOP farm bill details could surface this week

Marketings also dropped sharply during March.

After the Bell | April 19, 2024

Access this week's newsletter here.

House farm bill surprise | GREET rule | Johnson gets Democratic help on foreign aid package

Corn, soybean and wheat futures are expected to open firmer amid corrective buying.

Corn, soybeans and wheat posted corrective gains during the overnight session.

After the Bell | April 18, 2024

Creighton University's survey finds bankers remain pessimistic on economic outlook.

USDA attache cuts Argy corn crop estimate, Paraguay struggles to move record crop and Thompson seeks Democrat support for the Farm Bill...

House GOP leaders mull possible rule change re: motion to vacate