Latest News From Agriculture News

First Thing Today | March 27, 2024
First Thing Today | March 27, 2024

Corn, soybeans and wheat extended Tuesday’s losses during the overnight session.

Midweek Cash Markets | March 26, 2024
Midweek Cash Markets | March 26, 2024

Corn and soybean basis firmed a little as cash prices weakened.

First Thing Today | March 26, 2024
First Thing Today | March 26, 2024

Corn, soybeans and wheat faced mild price pressure during a relatively quiet overnight session.

HRW wheat conditions continue to improve in March
HRW wheat conditions continue to improve in March

State-level winter wheat condition ratings signaled more general improvement in the HRW crop over the past month, despite a minor downtick in top producer Kansas.

Dairy cow disease tied to HPAI
Dairy cow disease tied to HPAI

USDA says a small number of dairy herds in Texas and Kansas tested positive for a strain of highly pathogenic avian influenza (HPAI).

February frozen meat stocks signal strong demand
February frozen meat stocks signal strong demand

Frozen pork stocks declined contra-seasonally during February, while beef inventories fell more than average.

Weekly corn inspections remain solid
Weekly corn inspections remain solid

Corn inspections during the week ended March 21 totaled 1.228 MMT, down nearly 100,000 MT on the week but more than double the same week a year-ago. Meanwhile, soybean inspections rose 68,000 MT on the week.

Monday Morning Wake Up Call | March 25, 2024
Monday Morning Wake Up Call | March 25, 2024

Grain futures are mildly firmer to open the week. Cattle futures are under pressure from last Friday's Cattle on Feed Report.

Chart Trends | March 25, 2024
Chart Trends | March 25, 2024

Short-term trend turns bearish for cotton.

First Thing Today | March 25, 2024
First Thing Today | March 25, 2024

Corn and soybean futures swung to both sides of unchanged during the overnight session, while wheat favored the upside.

First Thing Today | March 22, 2024
First Thing Today | March 22, 2024

Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.

bank-hastings
Rural Mainstreet Economy Weakest Since June 2020

Creighton University's monthly survey finds negative outlook by bankers deepening but farmland values holding stable.

Survey Finds Illinois Land Prices Holding Steady-to-Up
Survey Finds Illinois Land Prices Holding Steady-to-Up

Annual report from Illinois Society of Professional Farm Managers and Rural Appraisers.

Upper Midwest will remain area of concern through spring
Upper Midwest will remain area of concern through spring

The Seasonal Drought Outlook calls for drought to persist across much of Iowa, Minnesota and Wisconsin through June.

Weekly wheat sales forge new marketing-year low
Weekly wheat sales forge new marketing-year low

Weekly wheat sales were reported at (109,600) MT for the week ended March 14, which were down noticeably from the previous week. Corn and soybean sales were as expected.

First Thing Today | March 21, 2024
First Thing Today | March 21, 2024

Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.

Market Watch | March 21, 2024
Market Watch | March 21, 2024

Cash cattle prices nearing their record high posted in summer 2023.

Midweek Cash Markets | March 20, 2024
Midweek Cash Markets | March 20, 2024

Cash hogs continue the seasonal price climb.

Fed still expects three rate cuts in 2024, but there's a twist
Fed still expects three rate cuts in 2024, but there's a twist

Most Fed officials expect three rate cuts this year, but fewer committee members anticipate more than three reductions.

First Thing Today | March 20, 2024
First Thing Today | March 20, 2024

Soybean futures reversed losses from the past two days during overnight trade, while corn and wheat faced price pressure.

First Thing Today | March 19, 2024
First Thing Today | March 19, 2024

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

Weekly wheat and soybean inspections drop on the week; corn holds steady
Weekly wheat and soybean inspections drop on the week; corn holds steady

Weekly wheat and soybean inspections during the week ended March 14 fell 164,665 MT and 98,672 MT, respectively, from the previous week. Meanwhile, corn inspections rose nearly 73,000 MT.

Chart Trends | March 18, 2024
Chart Trends | March 18, 2024

Short-term trend turns bearish in SRW wheat.

First Thing Today | March 18, 2024
First Thing Today | March 18, 2024

Corn and wheat futures posted mild gains amid corrective buying overnight, while soybeans weakened following earlier strength.

First Thing Today | March 15, 2024
First Thing Today | March 15, 2024

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

Market Watch | March 14, 2024
Market Watch | March 14, 2024

Cash corn and soybean prices rise.

IGC expects record global grain, soybean production in 2024
IGC expects record global grain, soybean production in 2024

The International Grains Council released its initial projections for 2024-25

Weekly corn sales rise on the week
Weekly corn sales rise on the week

Weekly corn sales during the week ended March 7 totaled 1.28 MMT, up 16% from the previous week, while soybean and wheat sales each faded, down 39% and 69%, respectively. Wheat sales were at a marketing-year low.

First Thing Today | March 14, 2024
First Thing Today | March 14, 2024

Soybeans extended their recent corrective gains during the overnight session, while wheat traded lower and corn favored the downside in two-sided trade.

Midweek Cash Markets | March 13, 2024
Midweek Cash Markets | March 13, 2024

Basis slipped a little for corn, soybeans and SRW wheat as cash prices firmed.

First Thing Today | March 13, 2024
First Thing Today | March 13, 2024

Soybean futures retreated from Tuesday’s gains during overnight trade, while the corn and wheat markets have weakened after two-sided price action earlier in the session.

First Thing Today | March 12, 2024
First Thing Today | March 12, 2024

Soybeans extended Monday’s declines overnight, while corn and wheat pulled back from yesterday’s gains.

Weekly corn inspections continue to prove steady
Weekly corn inspections continue to prove steady

Weekly corn inspections totaled 1.122 MMT during the week ended March 7, down slightly from the previous week, but near the top end of the pre-report range. Soybean inspections fell notably on the week.

Chart Trends | March 11, 2024
Chart Trends | March 11, 2024

Short-term trends turn sideways for corn, soybeans, soymeal and soyoil.

First Thing Today | March 11, 2024
First Thing Today | March 11, 2024

Corn, soybeans and wheat pulled back from Friday’s corrective gains during the overnight session.

PF Report Reaction: USDA cuts global ending stocks for corn, soybeans, wheat and cotton
PF Report Reaction: USDA cuts global ending stocks for corn, soybeans, wheat and cotton

Domestic ending stocks were unchanged for corn and soybeans, higher for wheat and lower for cotton.

USDA Report Snapshot: U.S. corn, soybean ending stocks unchanged
USDA Report Snapshot: U.S. corn, soybean ending stocks unchanged

Corn and soybean ending stocks were unchanged from February, while wheat ending stocks rose 15 million bu. However, global corn and wheat ending stocks were lower than pre-report estimates; soybeans were as expected.

First Thing Today | March 8, 2024
First Thing Today | March 8, 2024

Grain trade was light overnight ahead of USDA’s March crop reports later this morning.

Market Watch | March 7, 2024
Market Watch | March 7, 2024

Our updated monthly and quarterly price forecasts.

Modest improvement in farmer sentiment, yet financial concerns loom
Modest improvement in farmer sentiment, yet financial concerns loom

February’s Farm Financial Performance Index reading of 85 was 1 point lower than January and 13 points below its most recent peak in December.

Weekly soyoil sales carve marketing-year high
Weekly soyoil sales carve marketing-year high

Soyoil sales for the week ended Feb. 29 reached a marketing-year high of 29,200 MT, while soybean sales landed above pre-report estimates. Meanwhile, corn and wheat sales were within their respective pre-report ranges.

First Thing Today | March 7, 2024
First Thing Today | March 7, 2024

Corn futures built on Wednesday’s gains overnight, while soybeans and wheat also firmed amid corrective buying.

Midweek Cash Markets | March 6, 2024
Midweek Cash Markets | March 6, 2024

Corn and soybean basis weakens on the rollover to May futures.

First Thing Today | March 6, 2024
First Thing Today | March 6, 2024

Wheat futures faced followthrough selling during the overnight session, while corn and soybeans held near unchanged in quiet trade.

First Thing Today | March 5, 2024
First Thing Today | March 5, 2024

Corn, soybean and wheat futures pulled back from Monday’s price gains during the overnight session.

Weekly export inspections decline from previous week
Weekly export inspections decline from previous week

Corn, soybean and wheat weekly export inspections during the week ended Feb. 29 each fell from the previous week, though all were within pre-report expectations.

Chart Trends | March 4, 2024
Chart Trends | March 4, 2024

Short-term trend turns sideways for cotton.