Crops Analysis | October 10, 2022
Corn surges above $7 for first time since June, ends at 3 1/2-month high; winter wheat soars to three-month high on Russia concerns.
Crops Analysis | October 5, 2022
Soybean futures decline near two-month lows as U.S. harvest advances; wheat firmer on supply concerns, dryness in Plains.
Crops Analysis | October 3, 2022
Corn ends slightly higher after harvest progress falls short of expectations; soybeans firmer as oil surges, dollar slumps.
Sept. 1 corn stocks came in 135 million bu. below the average pre-report trade estimate. The wheat production estimate was 128 million bu. lower than traders anticipated.
USDA estimated the U.S. hog herd has contracted to 73.8 million head as of Sept.1, down 1.1 million head (1.4%) from year-ago and 468,000 head smaller than the average pre-report estimate.
Livestock Analysis | September 29, 2022
Live cattle futures post sharp rebound; hog futures mixed ahead of USDA report expected to show herd contractions.