Latest News From Davis Michaelsen

Tensions rise amid Biden comments re: China, RFS announcement expected today and sources expect cash cattle prices to soften...

Kremlin pessimistic on export deal, Rosario Grain Exchange cuts Argy soybean forecast and Wal Mart announces plan to open Kansas beef packaging facility...

Cordonnier trims U.S. crop outlook, CCI ratings trail year-ago and China's Central Bank lowers rates...

USDA expected to raise ending stocks, Russian ammonia pipeline blast complicates Black Sea grain deal and France's wheat crop continues to deteriorate...

Senate passes debt limit legislation, U.S. signs agreement with Taiwan and summer air travel is expected to heat up...

House passes debt ceiling bill, Ukraine grain and oilseed production projected lower and China's small factory activity rises...

Canada gains access to Taiwanese market, France to begin HPAI vaccination program and debt ceiling negotiations yielding progress...

Republicans expect debt ceiling compromise soon, Argy rains improve expectations for wheat crop and the Fed devises Twitter Sentiment Index...

Debt ceiling talks stall, Russia signs MOA to increase cooperation with China and watchers fear rates could reach 6 percent...

Corn and soybeans are higher with wheat under pressure. Cattle futures open the week amid a softer tone with lean hogs firmer...

G7 members devise fresh sanctions on Russia, McCarthy is optimistic a vote on the debt limit is coming soon and Prop 12 may appear in the new farm bill...

Black Sea export deal extended, EU inflation increases and wholesale beef falls back below $300...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Black Sea Export Deal talks begin today, McCarthy notes no progress on debt ceiling and the DOE looks to refill SPR later this year...

China's soybean imports below year-ago in April, western companies are looking for a new manufacturing hub and South American yields beat expectations...

Soybeans are mildly firmer with corn futures mixed. Live cattle futures are under pressure with lean hogs slightly higher...

China imports South African corn, U.N. food price rises slightly and tight sugar supplies may support higher food costs...

China's PMI falls, USDA creates 12 regional food centers and cash cattle trade begins to falter...

President Biden asks to meet regarding looming debt deadline, Eurozone inflation continues to rise and the IMF raises Asian economic forecast...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Emergency waiver allows E-15 sales, locks and dams close on the Big Muddy and Mexico accuses Administration of bowing to pressure from seed industry...

Industrial profits drop in China, the House votes to raise debt limit and biofuel proponents urge Biden administration to include SAF in Inflation Reduction Act...

Poland maintains Ukraine grain transit embargo, CBO marks-up House bill and Russia continues to balk at grain export deal...

APK-Inform projects decline in Ukraine grin output, HRW crop condition remains historically low and this afternoon USDA will detail frozen meat stocks...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

EU imports of Ukrainian grain still in flux, California raises water use allocation and traders expect USDA to report contraction in cattle herd...

Ag attache cuts Argy crop estimates, Ukraine looks to resume grain transit through Poland and China's pork output rises sharply...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Buffet warns of more bank failures, Rosario Grain Exchange cuts Argy crop estimates and boxed beef values near $300...

EPA tightens emissions standards, Ukraine accuses Russia of stealing lumber and Yellen downplays IMF concerns...

Traders expect lower corn and soybean carryover in today's report, HRW condition ratings historically low and South American crops have 'turned the corner...'

Markets closed tomorrow to honor Good Friday, Cargill steps lightly on Russian exports and cash cattle surges...

Turkey continues to work on Black Sea exports, IRS to release details of $80 billion spending plan and Exxon has high hopes for low-carbon business...

Yellen assures against bank runs, Kentucky Court bags WOTUS challenge and cash hogs slip again...

Markets await USDA data dump, Eurozone consumer prices continue to rise and H&P numbers firm just slightly...

Sanctions are not impeding Russia's ability to wage war, Biden calls for new rules on mid-sized banks and China lends billions to support carbon emissions reduction...

Biden vows to veto WOTUS block, Japan reopens to Canadian processed beef and Argy rains will have limited impact...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Russia likely to target Ukrainian agriculture, DeutcheBank shares fall and Senate Banking Committee ask SVB execs to testify...

Brazilian crusher raises domestic soybean crop forecast to record level, Powell foresees financial tightening and China urges U.S. to drop tariffs...

U.K. inflation unexpectedly rises, EPA Administrator Regan to testify before congress and Argentina ships first cargo of beef to Mexico...

Swiss Central Bank eases banking concerns, Yellen to pitch Biden's budget to Congress and Argentine crushers 70% idle...

Argentine crop continues to suffer, Russia agrees to Black Sea export deal extension, but Ukraine wants more and PETA issues annual call for the White House not to use real eggs...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

Rosario Grain Exchange pushes Argy soy crop estimate below 30 MMT, Russia balks at grain deal extension and Fed Chair Powell did not specify this month's rate increase...

Crop stress continues in Argentina, China imports record soybean shipments in 2023 and NY Fed says pandemic supply chains have returned to pre-pandemic function...

Davis Michaelsen and Editor Brian Grete discuss this week's market action...

U.S. and allies prepare sanctions against China, U.N. reports fall in global food price and Gov. Reynolds (R - IA) to appeal to Biden on E15...

Spring crop insurance prices are in, La Nina is likely coming to an end and China's PMI improves for the second consecutive month...

European bond yields climb, Russia cozies up to Chinese yuan and Germany detects ASF...