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SAF details coming by March 1 | Vilsack testifies Wed. | Senate WRDA hearing | WTO ministerial meeting

Placements declined from year-ago levels for a third straight month – a trend that will continue.

After the Bell | February 23, 2024

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Houthis harangue shippers, Congressional squabbling delays funding bill and China's new home prices decline...

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Corn and soybeans gave up early corrective gains overnight, though wheat holds onto marginal gains. Weak export sales across the board helped spur selling pressure this morning.

Net soybean sales during the week ended Feb. 15 were down 84% from the previous week, while weekly corn and wheat sales were down 37% and 33%, respectively.

Corn, soybeans and wheat firmed amid corrective buying during the overnight session.

After the Bell | February 22, 2024

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Wheat showed relative strength overnight while soybeans led weakness, leaving corn caught between the two.

Wheat futures led a round of corrective buying in the grain markets during overnight trade.

Central Illinois cash corn price below $4.00 for first time since October 2020.

Cash hog prices gained strength in the seasonal rebound.

Fed fund futures continued to reflect the greatest odds for a Fed rate cut starting in June, with three or perhaps four reductions by year-end.

After the Bell | February 21, 2024

U.S. to replace Chinese-made port cranes, RFA appeals to Biden Administration and the CME Lean Hog Index springs higher...

Soybeans continue to lead the grain and soy markets, driving prices lower overnight.

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Tuesday’s corrective buying in the grain and soy markets dried up overnight, as corn, soybeans and wheat faced price pressure.

After the Bell | February 20, 2024

Weekly corn inspections during the week ended Feb. 15 rose a modest 26,000 MT, while soybean and wheat inspections declined on the week.

Corn, soybeans and wheat are favoring the upside to start the week. Cattle futures are choppy with lean hogs pointed higher...

Soybeans continued Friday’s strength overnight, leading corn and wheat to corrective gains as well.

No changes to short-term trends for grain and livestock markets.

Soybeans built on last Friday’s gains during overnight trade, while corn and wheat followed to the upside amid corrective buying.

Bayer | Capital One/Discover | Proposition 12 | Calif. EV market slows | Investors and U.S. farmland

Lots of work to do but Congress out, again, on extended break

After the Bell | February 16, 2024

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Vilsack says Wednesday’s House Ag hearing was ‘wasted opportunity’

Corn and soybeans saw corrective buying most of the overnight session, though sellers resurfaced into the break. Wheat futures continue to fall under heavy selling pressure.

Corn and soybeans posted corrective gains overnight, while wheat faced followthrough selling.

After the Bell | February 15, 2024

Monthly survey of rural bankers finds growing pessimism.

USDA releases crop forecasts, Japan slips into recession and global crude stocks projected to reach record high...

Star wars | Vilsack at House hearing | Dicamba | Global shipping | Japan in recession

The extended forecast suggests spring planting should advance rather rapidly and favors early crop development.

Selling persisted throughout the grain market overnight as corn, soybeans and wheat continue to trade on recent lows. Persistent impressive sales and falling projected acres did little to boost corn prices.

Weekly soymeal sales totaled 203,400 MT during the week ended Feb. 8, missing the pre-report range, while corn sales held steady at 1.31 MMT. Wheat and soybean sales were near the low-end of pre-report estimates.

The initial projections are based on the January WASDE Report. These are USDA’s current best guesstimates. A lot can (and will) change.

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

Cash grain prices continue to fall; sharply below year-ago.

Basis remains weaker than average for corn, soybeans and wheat.

After the Bell | February 14, 2024

Aid to Ukraine, Israel hits House hurdle | Mayorkas House impeachment | 2022 Ag Census

Grain and soy markets are expected to open under solid pressure this morning after weak trade overnight.

Wheat futures led broad losses in the grain and soy complex during the overnight session as markets weakened amid technical selling and a lack of supportive news.