Latest News From Davis Michaelsen

USDA Finalizes Origin Rules | March 12, 2024
USDA Finalizes Origin Rules | March 12, 2024

Cordonnier stands pat on SA crop estimates, ADA reports delayed financial results and the CME Lean Hog Index falters...

Monday Morning Wake Up Call | March 11, 2024
Monday Morning Wake Up Call | March 11, 2024

Corn soybeans and wheat futures are under pressure to open the week. Cattle and hog futures are mildly lower as well...

U.N. Food Price Drops | March 8, 2024
U.N. Food Price Drops | March 8, 2024

USDA to update balance sheets, House passes spending bill and the U.S. ag trade deficit widens...

China to Build Stockpiles | March 5, 2024
China to Build Stockpiles | March 5, 2024

Comex gold futures rise to record level, Biden to meet with Competition Council and today marks a crucial step on the way to the Presidency...

Japan Slips into Recession | March 1, 2024
Japan Slips into Recession | March 1, 2024

Biden Admin misses own greenhouse gas deadline, Senate kicks funding can and spring crop insurance prices are set...

Winter Wheat Resilient Amid Arctic Blast | February 29, 2024
Winter Wheat Resilient Amid Arctic Blast | February 29, 2024

French shippers avoid Red Sea, Russia not interested in renewing Black Sea grain deal and today marks First Notice day for March contracts...

Yellen to Highlight Robust U.S. Economy | February 27, 2024
Yellen to Highlight Robust U.S. Economy | February 27, 2024

Cordonnier holds steady on Brazil and Argy crops, U.S. HRW crop improves and Indonesia to encourage palm oil production...

Economists Adjust Rate Hike Timeline | February 23, 2024
Economists Adjust Rate Hike Timeline | February 23, 2024

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

Lawmakers to Visit Taiwan | February 22, 2024
Lawmakers to Visit Taiwan | February 22, 2024

Poland will not meet with Zelensky, Soybean producers give EPA regs the side-eye and China's property woes persist...

Polish Farmers Spill Ukraine Grain | February 21, 2024
Polish Farmers Spill Ukraine Grain | February 21, 2024

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

EPA to Allow Limited Dicamba Use | February 15, 2024
EPA to Allow Limited Dicamba Use | February 15, 2024

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

Global Production Forecasts Trimmed | February 13, 2024
Global Production Forecasts Trimmed | February 13, 2024

Farmers block Port of Antwerp, Houthi rebels strike ship bound for Iran and the CME Lean Hog Index firms...

Houthi Attacks on Shipping Continue | February 9, 2024
Houthi Attacks on Shipping Continue | February 9, 2024

Ukraine expects seeding area to match last year, India's rice prices continue to rise and beef packers remain at a standoff with feedlots...

Dismal Farm Income Forecast | February 8, 2024
Dismal Farm Income Forecast | February 8, 2024

Traders await USDA reports, Conab slashes forecasts and ocean imports into the United States are increasing...

Corn Declines to Contract Lows | February 7, 2024
Corn Declines to Contract Lows | February 7, 2024

Yellen to visit China, House Democrats keep Farm Bill hopes alive and Aussie meat exports surge...

U.S. Treasury Officials to Visit Beijing | February 6, 2024
U.S. Treasury Officials to Visit Beijing | February 6, 2024

Cordonnier leaves South American crop estimates unchanged, China's stock market responds to economic news and E.U. inflation expectations decline...

IMF Uncertian on Chinese Economy | February 2, 2024
IMF Uncertian on Chinese Economy | February 2, 2024

Global food prices soften, economists expect a rise in non-farm payrolls and Argy corn crop outstrips USDA estimate...

House Passes Tax Bill | February 1, 2024
House Passes Tax Bill | February 1, 2024

U.S. soybean oil used in bio-fuel production breeches 1 billion pounds, India's rice rally continues and BOE leaves rates unchanged...

Houthis Harangue Suez Haulers | January 26, 2024
Houthis Harangue Suez Haulers | January 26, 2024

Beijing asks Tehran to rein-in Houthis, Ukraine food prices rise and Yellen says Biden isn't finished...

Militants Increase Attacks on Commercial Shipping | January 25, 2024
Militants Increase Attacks on Commercial Shipping | January 25, 2024

Shippers seek alternative routes around Red Sea, rice prices mark record high and the Fed works against the Economist's 'free money machine'...

Weather to Sour Before Improving
Weather to Sour Before Improving

Bret Waltz from BAM WX advises caution until the weather turns and offers hope for rivers in need of re-charge...

Cash Cattle Gains Fail to Woo Sellers | December 22, 2023
Cash Cattle Gains Fail to Woo Sellers | December 22, 2023

Markets and government offices will be closed on Monday, Washington mulls Houthi strike and German wheat production to fall...

China Holds Rare Earth Upper-hand | December 21, 2023
China Holds Rare Earth Upper-hand | December 21, 2023

Greece to send frigate to Red Sea, Foreign investment in China declines and feedyards pass on steady cash cattle bids...

Brazil Surpasses U.S. Corn to China | December 20, 2023
Brazil Surpasses U.S. Corn to China | December 20, 2023

Greece warns shippers to avoid Yemeni waters, Xi still focused on Taiwan and Brazil to halt biodiesel imports...

U.S. Battens Red Sea Hatches | December 19, 2023
U.S. Battens Red Sea Hatches | December 19, 2023

U.S. embarks on Operation Prosperity Guardian, Moscow is un-interested in restarting Black Sea Grain Deal and FSA opens enrollment in ARC and PLC…

Beef Movement Intensifies | December 8, 2023
Beef Movement Intensifies | December 8, 2023

UN Global Food Price Index skids lower, CCP commits to providing support to Chinese economy and Speaker Johnson suggests CR...

China Sells More Dollars | December 6, 2023
China Sells More Dollars | December 6, 2023

Moscow's oil revenues have increased since the start of the war, Smithfield slashes Utah hog production and cash hogs are still searching for a floor...

Monday Morning Wake Up Call | December 4, 2023
Monday Morning Wake Up Call | December 4, 2023

Corn and soybean futures are mildly weaker to start the week with wheat mixed. Cattle futures are sharply lower with lean hogs mixed…

EPA Offers New E-15 Deadline | November 30, 2023
EPA Offers New E-15 Deadline | November 30, 2023

Vilsack expects Chinese corn demand to return to U.S., Eurozone inflation continues lower and feedlots hold out for higher cash cattle bids...

Eurozone Sentiments Improve | November 29, 2023
Eurozone Sentiments Improve | November 29, 2023

OECD predicts slowing economic growth, bellies lead cutout decline and USDA suspends ERP...

OPEC+ Eyes Supply Side Control | November 28, 2023
OPEC+ Eyes Supply Side Control | November 28, 2023

Cordonnier leaves Brazilian crop estimates unchanged, Russia mulls export ban and the WTO will review duties on biodiesel imports...

Gaza Truce May Lie Ahead | November 21, 2023
Gaza Truce May Lie Ahead | November 21, 2023

Recent Brazilian rains have been hit-&-miss, U.S. treasuries rebound and the Dollar Index continues to fall...

Monday Morning Wake Up Call | November 20, 2023
Monday Morning Wake Up Call | November 20, 2023

Corn and wheat futures are under light pressure with soybeans slightly higher to start the week. Cattle futures are mostly higher with lean hogs mixed.

Global Rice Competition Heats Up | November 15, 2023
Global Rice Competition Heats Up | November 15, 2023

House passes stopgap funding bill, Biden readies for meeting with Xi and UK economy stagnates...

"All Powers Rest with the People" | Sen. Grassley on AgriTalk 11/13/2023
"All Powers Rest with the People" | Sen. Grassley on AgriTalk 11/13/2023

Chip Flory talks trade policy, government shutdown and ethanol with Iowa Senator Charles Grassley (R) in this excerpt from AgriTalk Radio November 13, 2023.

Putin Seeks New Export Routes | November 9, 2023
Putin Seeks New Export Routes | November 9, 2023

Traders expect little change in USDA report, CONAB raises Brazilian soybean crop estimate and Chinese pork prices tumble...

Airlines Appeal for Ethanol | November 1, 2023
Airlines Appeal for Ethanol | November 1, 2023

China PMI slips below growth-neutral, Trudeau bows to push-back against federal carbon tax and the Senate mulls CR...

Ukrainian Grain on the Move | October 31, 2023
Ukrainian Grain on the Move | October 31, 2023

Cordonnier cuts SA crop forecasts, India cuts cotton forecast and ERP payments continue past disbursement deadline...

Indonesia Touts First Palm Oil-fueled Flight | October 27, 2023
Indonesia Touts First Palm Oil-fueled Flight | October 27, 2023

Yellen acknowledges possibility for soft landing, G7 will meet in Japan and WTO predicts slower global growth...

House Names Speaker | October 26, 2023
House Names Speaker | October 26, 2023

Mike Johnson (R-La) wins Speaker seat, Australia posts freeze and China's hog herd contracts slightly...

GM Pulls Plug on Electric Vehicles | October 25, 2023
GM Pulls Plug on Electric Vehicles | October 25, 2023

Speaker shuffle continues, Country Gardens defaults and IMF warns of economic drag...

China's Land Sale Revenue Tanks | October 24, 2023
China's Land Sale Revenue Tanks | October 24, 2023

GOP vote for Speaker nominee expected this week, grain is moving out of Ukraine and Indonesia circles the wagons around rice...

Congressional Chaos Continues | October 20, 2023
Congressional Chaos Continues | October 20, 2023

Jordan mulls a third vote, Amazon tributaries drying up and Argentina will elect a new President...

Brazil to Subsidize Wheat Trade | October 19, 2023
Brazil to Subsidize Wheat Trade | October 19, 2023

House Speaker vote fails again, Senate Republicans sour on passing Farm Bill this year and cash cattle trade is off to a slow start...

Gaza Blast Reshuffles Biden Visit | October 18, 2023
Gaza Blast Reshuffles Biden Visit | October 18, 2023

House to hold second vote on Jordan, Outlaw says division is hindering Farm Bill progress and USDA announced changes to August reports...

Jordan Pursues Support | October 17, 2023
Jordan Pursues Support | October 17, 2023

Biden to visit Israel as Schumer expresses support, China to roll debt and consultant raises corn yield estimate...

U.N. Talks Trade in Moscow | October 10, 2023
U.N. Talks Trade in Moscow | October 10, 2023

Chinese property developer eyes default potential, Israel strikes continue in Gaza and Schumer's visit to China yields pragmatic discussion...

Russia Resumes Seaborne Diesel Exports | October 6, 2023
Russia Resumes Seaborne Diesel Exports | October 6, 2023

Turkish flagged ship hits mine, Argentina needs rain and the U.N. Global food price softens slightly...

"A Food Bill not a Farm Bill" | Sen. J Ernst, AgriTalk October 3, 2023
"A Food Bill not a Farm Bill" | Sen. J Ernst, AgriTalk October 3, 2023

Chip Flory welcomed Iowa Senator Joni Ernst to the AgriTalk platform on Tuesday October 3 and the Senator did not mince words...

E.U. PPI Skids Lower | October 4, 2023
E.U. PPI Skids Lower | October 4, 2023

McCarthy voted out, vessels line up to load Ukrainian grain and rice supplies a growing concern...