Your Pro Farmer newsletter (Feb. 19, 2022) is now available

( )

South American crop estimates continue to be slashed amid persistent drought. Besides the production losses, crop quality is also poor in areas of Brazil. The crop losses have prompted China and “unknown” (also China?) to book old- and new-crop U.S. soybeans, though there were reports last week China may try to reduce its soybean consumption. India also made unusual purchases of U.S. soyoil due to South American crop losses and geopolitical uncertainties in the Black Sea region. Meanwhile, the extended weather outlook through May signals no respite for HRW wheat areas saddled with drought. Our page 4 feature this week gives our assessments to a host of volatile issues ag is facing. We cover all these items and much more in this week's newsletter, which you can download here.

 

Latest News

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.

Midweek Cash Markets | April 24, 2024
Midweek Cash Markets | April 24, 2024

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

Cold Storage Report: Mixed signals for beef, pork demand
Cold Storage Report: Mixed signals for beef, pork demand

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

USDA issues interstate transport testing, reporting order for H5N1 in dairy cattle
USDA issues interstate transport testing, reporting order for H5N1 in dairy cattle

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
After the Bell | April 24, 2024

After the Bell | April 24, 2024