Agriculture News
The largest increase for USDA’s corn acreage estimate in 30 years
Corn, soybean and wheat inspections were up notably on the week, each surpassing analysts’ pre-report range of expectations.
The team takes a look at Friday’s USDA Crop Production and WASDE reports
Corn futures are under light pressure with wheat futures slightly higher to unchanged and soybeans up a few cents. Livestock futures are moderately higher to start the week...
An unexpected increase to corn acres weighing on prices
While USDA lowered both the national corn and soybean yields from August, both were above the average analyst estimate, along with 2025-26 ending stocks.
Update of Benchmark Farms Finds Gains in South
Semi-annual Survey Finds 1.2% Six-Month Decrease
Illinois and Ohio showed the largest gains in abnormally dry conditions
Analyst’s expected net new crop corn sales to range from 900,000 MT to 2.4 MMT.
What our supply and demand expectations are for both old-crop and new-crop.
Soybean ratings are now lower than at this time last year
Weekly wheat export inspections slid 379,000 MT from the previous week, but were still within the expected pre-report range.
This week the team dives into what to expect from USDA’s Crop Production and WASDE reports.
Corn and wheat futures are mildly higher with soybeans near unchanged. Cattle futures are trying to work higher with hog futures mixed...
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Wheat sales for the week ended Aug. 28 were down 46% from the previous week and 51% from the four-week average. New-crop corn sales were strong, while net soybean sales were near the low end of pre-report expectations.
Corn and soybean acres impacted by drought increase slightly
Union Pacific is pursuing an acquisition of Northfolk Southern but will have to meet an elevated standard before being approved. The merger could be in opposition to President Trump’s executive order on monopolies.