Latest News From Brian Grete

U.S. hog herd unexpectedly expands
U.S. hog herd unexpectedly expands

Farrowing intentions suggest the expansion could be short-lived, but surging litter sizes could offset lower farrowings as they did during summer.

First Thing Today | September 28, 2023
First Thing Today | September 28, 2023

Corn and soybean futures pulled back from recent corrective gains, while wheat extended its price slide during overnight trade.

Midweek Cash Markets | September 27, 2023
Midweek Cash Markets | September 27, 2023

Soybean basis continues to plunge.

First Thing Today | September 27, 2023
First Thing Today | September 27, 2023

Corn and soybean futures firmed amid light corrective buying overnight. Wheat traded on both sides of unchanged overnight.

First Thing Today | September 26, 2023
First Thing Today | September 26, 2023

Corn futures held near unchanged, while soybeans and wheat posted mild gains during a quiet overnight session.

Corn, soybean CCI ratings post late-season increases
Corn, soybean CCI ratings post late-season increases

Illinois led the increase in condition ratings for both crops.

Monday Morning Wake Up Call | September 25, 2023
Monday Morning Wake Up Call | September 25, 2023

Corn and wheat futures open the week higher with soybeans under pressure. Cattle futures are lower with lean hog futures mixed.....

First Thing Today | September 25, 2023
First Thing Today | September 25, 2023

Corn, soybean and wheat futures held in tight trading ranges in light, two-sided trade overnight.

Cattle on Feed Report: Feedlot inventory continues to shrink
Cattle on Feed Report: Feedlot inventory continues to shrink

Feedlot inventories declined from year-ago for a 12th consecutive month.

Ahead of the Open | September 22, 2023
Ahead of the Open | September 22, 2023

Grain and soy markets are expected to see light corrective buying.

First Thing Today | September 22, 2023
First Thing Today | September 22, 2023

Corn, soybean and wheat futures posted mild gains amid corrective buying in light overnight trade.

Untimely harvest-time rains expected
Untimely harvest-time rains expected

Above-normal October rainfall would hamper corn and soybean harvest, but benefit winter wheat.

First Thing Today | September 21, 2023
First Thing Today | September 21, 2023

Corn, soybeans and wheat pulled back from corrective gains earlier this week during the overnight session.

Midweek Cash Markets | September 20, 2023
Midweek Cash Markets | September 20, 2023

Corn and soybean basis continues to fall as harvest activity increases.

First Thing Today | September 20, 2023
First Thing Today | September 20, 2023

Corn, soybeans and wheat posted mild corrective gains during a lightly traded overnight session.

First Thing Today | September 19, 2023
First Thing Today | September 19, 2023

Corn, soybean and wheat futures faced followthrough selling to Monday’s losses during overnight trade.

Corn, soybean CCI ratings continue late-season deterioration
Corn, soybean CCI ratings continue late-season deterioration

Illinois accounted for the bulk of the decline for both crops over the past week.

Monday Morning Wake Up Call | September 18, 2023
Monday Morning Wake Up Call | September 18, 2023

Grain and soy futures are mildly to moderately lower to start the week. Cattle futures are under corrective pressure and lean hogs are narrowly mixed...

First Thing Today | September 18, 2023
First Thing Today | September 18, 2023

Winter wheat futures led losses in the grain and soy markets during overnight trade.

First Thing Today | September 15, 2023
First Thing Today | September 15, 2023

Corn, soybeans and wheat held in relatively tight trading ranges during a quiet overnight session.

First Thing Today | September 14, 2023
First Thing Today | September 14, 2023

Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.

Midweek Cash Markets | September 13, 2023
Midweek Cash Markets | September 13, 2023

Soybean basis turns negative for the first time this year.

Gasoline fuels consumer price rise  in August.
Gasoline fuels consumer price rise in August.

Despite the stronger consumer inflation data, Fed fund futures reflect increased odds the Fed will embark on an extended pause for interest rates.

First Thing Today | September 13, 2023
First Thing Today | September 13, 2023

Grain futures posted two-sided trade overnight, with corn and wheat favoring the upside and soybeans mildly weaker early this morning.

First Thing Today | September 12, 2023
First Thing Today | September 12, 2023

Corn, soybeans and the winter wheat markets have turned weaker this morning after two-sided trade earlier in the overnight session.

Corn, soybean CCI ratings continue late-season slide
Corn, soybean CCI ratings continue late-season slide

Both crops continue to be rated under year-ago.

Monday Morning Wake Up Call | September 11, 2023
Monday Morning Wake Up Call | September 11, 2023

Corn and soybean futures are slightly higher with wheat under moderate pressure. Cattle futures are mostly higher with feeder futures mixed and choppy. Lean hog futures are off to a solid start...

First Thing Today | September 11, 2023
First Thing Today | September 11, 2023

Corn and soybean futures mildly favored the upside in light trade overnight, while wheat posted modest losses.

First Thing Today | September 8, 2023
First Thing Today | September 8, 2023

Corn, soybean and wheat futures held in tight trading ranges during a quiet overnight session.

First Thing Today | September 7, 2023
First Thing Today | September 7, 2023

Corn, soybeans and wheat held in tight trading ranges during a quiet, two-sided overnight session.

Midweek Cash Markets | September 6, 2023
Midweek Cash Markets | September 6, 2023

Corn and soybean basis drops sharply as harvest gets an early start in some areas.

First Thing Today | September 6, 2023
First Thing Today | September 6, 2023

Corn and soybeans were supported by deteriorating crop condition ratings during overnight trade, while wheat also traded higher.

Corn, soybean CCI ratings deteriorate
Corn, soybean CCI ratings deteriorate

Illinois led the ratings declines, though most of the top production states dropped.

Farmer sentiment declines amid weaker view of current conditions
Farmer sentiment declines amid weaker view of current conditions

The Current Conditions Index fell 10.7% in August, while the Future Expectations Index declined 4.0%. The overall ag barometer was 1.7% lower than August 2022.

Monday Morning Wake Up Call | September 5, 2023
Monday Morning Wake Up Call | September 5, 2023

Corn and soybean futures are under pressure with wheat slightly higher to start the week. Cattle futures are weaker with hog futures firmer...

Ahead of the Open | September 5, 2023
Ahead of the Open | September 5, 2023

Corn and soybeans are expected to open with a weaker tone coming out of the holiday weekend, while wheat is likely to be mixed.

First Thing Today | September 5, 2023
First Thing Today | September 5, 2023

Corn, soybeans and wheat held in relatively tight ranges in two-sided trade overnight.

Ahead of the Open | September 1, 2023
Ahead of the Open | September 1, 2023

Grain and soy futures are expected to open with a firmer tone to start the new month after corrective gains overnight.

First Thing Today | September 1, 2023
First Thing Today | September 1, 2023

The new month kicked off with corrective price gains in the grain markets overnight, led by soybeans.

Corn, soybean cotton drought areas expand amid record heat
Corn, soybean cotton drought areas expand amid record heat

The overall drought footprint across the U.S. was unchanged, but corn, soybean and cotton areas worsened.

Ahead of the Open | August 31, 2023
Ahead of the Open | August 31, 2023

Corn is expected to open modestly higher on light corrective buying, while soybeans and wheat are likely to face price pressure.

First Thing Today | August 31, 2023
First Thing Today | August 31, 2023

Corn and soybeans posted two-sided trade overnight, while winter wheat futures were unable to build on yesterday’s corrective gains and spring wheat faced followthrough selling.

Midweek Cash Markets | August 30, 2023
Midweek Cash Markets | August 30, 2023

Corn and soybean basis falls ahead of harvest.

Ahead of the Open | August 30, 2023
Ahead of the Open | August 30, 2023

Corn, soybeans and the winter wheat markets are expected to open higher amid light corrective buying.

First Thing Today | August 30, 2023
First Thing Today | August 30, 2023

Corn, soybeans and the winter wheat markets traded higher overnight amid corrective buying, while spring wheat faced mild selling pressure.

Ahead of the Open | August 29, 2023
Ahead of the Open | August 29, 2023

Grain and soy futures are expected to open lower, with the exception of spring wheat.

First Thing Today | August 29, 2023
First Thing Today | August 29, 2023

Corn, soybeans and winter wheat markets traded lower overnight, while spring wheat was mixed.

Extreme heat didn't hurt corn, soybean crop conditions as much as expected
Extreme heat didn't hurt corn, soybean crop conditions as much as expected

Iowa and Nebraska led the CCI declines, while crops in Illinois improved.

First Thing Today | August 28, 2023
First Thing Today | August 28, 2023

Corn and soybean futures were supported overnight by crop concerns amid expectations for a poor finish to the growing season, while wheat futures slumped.

From The Rows | Aug. 24, 2023 — Mark Bernard (East)
From The Rows | Aug. 24, 2023 — Mark Bernard (East)

Day 2 observations from eastern Crop Tour consultant Mark Bernard