Agriculture News
Find highlights from USDA’s latest crop progress and condition update.
Both crops are rated nearly 11 points below their respective five-year averages.
Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk host Chip Flory talk infrastructure bill, Afghanistan, and President Biden’s COVID-19 vaccination mandate...
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets below.
Soybean inspections were also quite light, though that has been the trend in recent months. Wheat inspections were solid, thanks in large part to more of the grain shipping out of the Pacific Northwest.
Corn, wheat and soybean markets are under pressure to start the week. Livestock futures are also favoring a softer tone.
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American Farm Bureau Federation Managing Director for Public Policy Ryan Yates told Chip Flory on AgriTalk, “I don’t know how I can be more clear. This creates a new tax on hardworking farmers and ranchers.”
The department’s higher soybean crop estimate was in line with expectations, but its cotton production estimate came in quite a bit higher than the market anticipated.
China accounted for more than half the 453,000 RB in 2021-22 crop sales.
Brazilian government statistics agency now estimates Brazil’s total corn crop at 85.75 MMT, a 901,000-MT decline from its August production estimate and a 16.4% retreat from 2019-20.
The national average soybean basis turned negative for the first time since late January.
Chip Flory and D.C. Policy analyst Jim Wiesemeyer discuss domestic and foreign policy, and current trends in Washington...
Changes to the corn and soybean crop estimates will impact new-crop balance sheets, with bigger carryover projections also expected.
The CCI rating has been little changed for corn and soybeans the past three weeks.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Survey finds impressive gains in Illinois farmland values for all classes of farmland
Corn and soybean inspections dropped sharply, as expected, due to impacts from Hurricane Ida.
Corn and wheat futures are under light pressure with soybeans mixed with a lower bias. Fat cattle futures are higher to open the week with feeders and lean hogs under pressure.