Your Pro Farmer newsletter (January 7, 2023) is now available

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The new year kicked off with a wave of fund liquidation in the grain and soy markets amid broader risk aversion as macroeconomic concerns built over surging Covid-19 infections in China. Corn and soybean traders ignored declining crop condition ratings and production potential in Argentina, as Brazil remained on pace to produce record crops. Economic impacts from China’s move away from its zero-Covid policy is just one of many key factors that will likely influence agriculture over the next year, along with progress on a new farm bill, China’s relations with Taiwan and the Russia/Ukraine war. We also take a look at some bigger-picture issues that could impact agriculture this year and beyond in this week’s News page 4 feature. We cover all of these items and much more in this week’s newsletter, which you can download here.

 

Latest News

Monday Morning Wake Up Call | April 29, 2024
Monday Morning Wake Up Call | April 29, 2024

Soy complex futures are higher with wheat mixed and corn under early pressure. Cattle futures are chopping higher as lean hog futures soften...

Ahead of the Open | April 29, 2024
Ahead of the Open | April 29, 2024

Soybeans led strength overnight, corn traded in a narrow range overnight and wheat futures were widely mixed, with SRW leading to the downside and HRS leading to the upside.

Chart Trends | April 29, 2024
Chart Trends | April 29, 2024

Short-term trend turns bullish for wheat, soymeal and cattle futures.

APHIS Issues Another Clarification Re: Dairy Cattle
APHIS Issues Another Clarification Re: Dairy Cattle

Wet, severe weather in U.S. | Heavy rains threaten China’s rice crop | Rule on H-2A workers

First Thing Today | April 29, 2024
First Thing Today | April 29, 2024

Soybeans strengthened overnight, along with soymeal and soyoil, while corn traded in a tight range around unchanged and wheat was widely mixed.

GREET Details Finally Near But is Info Just a ‘Placeholder’ for More Changes Ahead?
GREET Details Finally Near But is Info Just a ‘Placeholder’ for More Changes Ahead?

FOMC decision and Powell presser Wed. | Jobs report Friday