Old-crop sales of the grain were light, but in line with expectations. Wheat sales fell short of expectations. Soybean sales were in line with expectations, with new-crop business perking up a bit.
Cash livestock fundamentals remain strong.
The ag economy barometer stabilized at levels similar to where it stood for much of 2017 through 2019.
On the other hand, soybean and spring wheat ratings unexpectedly improved. Find more highlights of USDA's Crop Progress and Condition report.
This was the first weekly uptick in the spring wheat CCI of the growing season.
The amount of corn inspected for export handily topped expectations and the tally nearly doubled the year-ago figure. In addition, last week’s number was also revised nearly 150,000 MT higher.
Corn and wheat futures are higher and soybeans are mixed. Cattle and hog futures are higher to start the week.
In Kenya, farmers can’t spend much time thinking about the UN’s sustainable development goals, let alone striving to meet them, when we don’t have a good sense of whether it will rain next week.
EPA and Army say they will work to develop a "a reasonable, effective, and durable definition of WOTUS," and enlist the public's help to do so.