Agriculture News
EPA exceeded its authority when it allowed year-round sales of E15, the D.C. Circuit ruled Friday.
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Cash corn and soybean prices surge following USDA’s June 30 reports.
A stalled frontal boundary brought widespread, heavy rain and flash flooding to parts of the lower Midwest. But the Upper Midwest largely missed out on the heaviest rains, maintaining drought concerns.
The bulk of these big new-crop soybean sales was known via USDA’s daily reporting service. Old-crop sales were light, as expected, but they were able to stay in positive territory.
Corn and soybean basis surges on the rollover in contracts, but cash prices also soar.
Corn planted acres climbed from March intentions, but by around 1.1 million acres less than analysts expected. USDA’s June 1 stocks estimates came in on the friendly side of expectations for corn, soybeans and wheat.
Analysts surveyed by Reuters did a pretty good job anticipating Statistics Canada’s planted acreage adjustments.
Find highlights from today’s weekly USDA Crop Progress and Condition Report.
The corn and soybean CCI ratings were little changed over the past week, but the spring wheat crop continues to deteriorate.
June 1 grain stocks will be down sharply, but history signals there could be surprises.
Proposition 12 imposes what opponents claim is arbitrary animal housing standards that reach far outside of California’s borders to farms across the country, and bans the sale of pork that does not meet those standards.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
But today’s update also featured upside revisions to USDA’s initially reported soybean and especially corn export inspections for the week ending June 17.
Spring wheat futures continue to climb, soybeans are sharply higher as well with corn futures mildly higher. Cattle futures are mixed and mostly weaker as hog futures firm.
Prices are expected to rise for all three categories by more than their 20-year average.
Inside you’ll find weather updates, both sides of the livestock pricing issue, an update on an infrastructure deal and market-by-market analysis and marketing advice.
The measure includes $579 billion in new spending on infrastructure, for a total price tag of $1.2 trillion over eight years.
Find expectations for tomorrow’s Cattle on Feed Report.
Cash soybean and corn prices extend recent sharp decline over the past week.