Latest News

China Re-opens to Brazilian Beef | March 23, 2023

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

Brazil President Lula to China March 26-31, with Meatpacker Execs

Yellen backtracks on adopting universal deposit insurance | Fed says no rate cuts this year

Negative PDO may turn U.S. Midwest drier later this year

This year’s negative PDO has been significantly negative for 21 straight months. At the same time, NOAA predicts a strong evolution toward El Niño late this spring and early summer.

Ahead of the Open | March 23, 2023

Grain and soy markets are expected to open with a firmer tone. Corn will be supported by bullish export news.

Weekly corn sales reach marketing year high; beans, wheat falter

USDA reported weekly corn sales in week ended March 16 at 3.096 MMT, while soybeans and wheat each missed the low-end of their respective pre-report ranges.

First Thing Today | March 23, 2023

Corn futures built on Wednesday’s corrective gains overnight, while soybeans and wheat bounced after recent losses.