Your Pro Farmer newsletter (Jan. 29, 2022) is now available

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There was some improvement in South American weather this week, as some of the dry areas of Argentina and southern Brazil received rains, while conditions turned drier in wet areas of central and northern Brazil. But more rains will be needed in dry areas, especially in southern Brazil. In the U.S., winter wheat conditions continue to deteriorate. Globally, markets continue to closely monitor the Russia/Ukraine situation, though there doesn’t seem to be quite as much sense there will be any immediate actions by Russia. Meanwhile, the U.S. dollar rocketed higher amid expectations the Fed will start raising interest rates in March. We cover all of these items and much more in this week’s newsletter, which you can download here.

 

Latest News

Pork Inventories Build | April 25, 2024
Pork Inventories Build | April 25, 2024

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...

USDA Gets Criticized on H5N1/Dairy Cattle; Vilsack to Tap CCC for Funds; Trade Impacts Surface
USDA Gets Criticized on H5N1/Dairy Cattle; Vilsack to Tap CCC for Funds; Trade Impacts Surface

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

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

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 surge to 1.3 MMT
Weekly corn sales surge to 1.3 MMT

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.

First Thing Today | April 25, 2024
First Thing Today | April 25, 2024

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

Market Watch | April 25, 2024
Market Watch | April 25, 2024

Big weekly increase in cash wheat prices.