First Thing Today | Sept. 21, 2021

Cordonnier warns his U.S. corn & soybean yield forecasts may fall. Gulf terminals slowly coming back online. Inflation will continue to rise over the next two years. Cattle hold up well in the fact of economic jitters.

Regan says new WOTUS will maintain pre-2015 exemptions for agriculture

EPA's administrator also said EPA hopes release that foundational proposal sometime in November.

10:30 a.m. Market Snapshot | Sept. 20, 2021

Your midmorning update on commodity market action.

Corn and soybean inspections improve, but still held back by Gulf port damage

Wheat exports held strong and were near the upper end of expectation.

First Thing Today | Sept. 20, 2021

China’s wheat imports reach highest level in more than two decades. Russian wheat export prices climb for 10th consecutive week. Possibility of a debt default rattles the market.

USDA analysis skewed by including many small farms and not including non-operating landlords

ERS finally released analysis of Biden's plan to change stepped-up basis on inherited assets, and its conclusions don't tell the full story.

First Thing Today | Sept. 17, 2021

Russia lowers tariff on wheat exports for first time in a month. Biofuel producers pushing for modeling change regarding SAF tax credit eligibility. Pork prices have turned up, but cash market remains under pressure.