Agriculture News
During the week ended Aug. 7, corn export inspections rose, while soybean and wheat inspections declined.
This week, the team discusses what to look for and what to expect from Tuesday’s USDA reports.
Soybean futures shot higher overnight...
Market is factoring in an above trendline yield ahead of Tuesday’s USDA crop report.
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Corn and soybean acres impacted by drought have declined every week since late May
Cash prices are on the decline as harvest approaches
New-crop corn sales blew past expectations, while wheat and old- and new-crop soybean sales were also stronger than expected.
Prices continue to track well above last year
Company leaders point to five highlights making them bullish on the future of its crop science divsion.
USDA national corn ratings unchanged
The annual survey finds cropland values up nearly 5%
Cattle prices reach records while favorable growing weigh on grains.