Agriculture News
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Find expectations for USDA’s July 12 Crop Production and WASDE reports.
Drought and frost have taken a toll on the late-planted crop.
“Another week of hot, dry weather in the Pacific Northwest, Northern Rockies, Northern Plains, and Upper Midwest led to the expansion of drought conditions,” today’s National Drought Monitory summary says.
Corn and soybean basis both pull back after last week’s surge.
Quarterly survey of ag bankers finds optimism across Texas.
Find highlights from today’s Crop Progress and Condition Report.
The corn CCI rating inched higher, while the soybean reading slipped.
“Producers in June were less optimistic about both current conditions on their farming operations as well as their expectations for the future,” with the former driving the decline, according to today’s report.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Inspections of corn and soybeans were in line with expectations the week ended July 1, though expectations for soybean shipments were admittedly light. Wheat inspections fell just short of expectations.
Grain and soy futures opened under hefty pressure on weekend rains. Fat cattle futures are under pressure as lean hogs firm.
EPA exceeded its authority when it allowed year-round sales of E15, the D.C. Circuit ruled Friday.
Download this week’s issue here.
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.