Your Pro Farmer newsletter (Aug. 14, 2021) is now available!

Pro Farmer
Pro Farmer
(Pro Farmer)

Wheat futures surged to new contract highs following USDA’s bullish report data on Thursday. The outlook is bullish and the technical breakout opens additional upside potential, but it also creates a selling opportunity. We advise wheat hedgers and cash-only marketers to sell another 10% of 2021-crop to get to 70% priced. Spring wheat producers should adjust sales according to your production prospects. We also advise all wheat producers to sell another 10% of expected 2022-crop production for harvest delivery next year to get to 20% forward-priced. Download this week's newsletter here.

 

Latest News

Extended decline in corn, bean CCI ratings continues

CCI ratings have dropped 11 consecutive weeks for corn and eight straight for soybeans.

After the Bell | September 26, 2022

Corn futures drop near four-week low, soybeans near three-week low as surging dollar, recession worries pressure commodities.

Corn, soybean export inspections sluggish

Weekly grain inspected for export through Sept. 22, proved dismal as corn and soybean inspections were reported below expectations, while wheat inspections were notably lower for the week but within the expected range.

Monday Morning Wake Up Call | September 26, 2022

Grain and soy futures traded lower overnight on global economic concerns although soybeans recovered slightly on the open. Cattle futures are mildly higher with lean hogs under pressure to start the week.

Ahead of the Open | September 26, 2022

Soybean futures drop to two-week lows, corn and wheat also lower on intensifying recession worries.

OECD Issues Bleak Warning About Global Economy | British Pound Takes a Pounding ALL

House Ag panel Republicans want some answers on alleged Biden/USDA overreach using executive actions