Agriculture News
Analysts expect smaller corn and larger soybean crop estimates from USDA next Tuesday. Find more pre-report expectations here.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
The National Weather Service revised its one-month temperature and precipitation outlooks at the start of October, including some significant changes on the precipitation front.
While shipment tallies improved notably as more export facilities reopened at the Gulf, the amount of beans inspected for export was still well under year-ago. USDA also made significant revisions to last week’s data.
Soybean futures are under pressure after trading below the Ju ne low overnight. Wheat futures are mixed and corn futures are under pressure. Cattle futures are higher and lean hogs are facing some profit taking.
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Cash soybean prices continue to fall as harvest accelerates.
On the other hand, USDA’s quarterly wheat stocks estimate was 72 million bu. lighter than analysts anticipated. Find more highlights from USDA’s latest Quarterly Grain Stocks Report and Small Grains Summary.
Warm, dry weather dominated the western half of the U.S. the week ending Sept. 28, while some welcome rain fell in some areas of the Midwest, the Mid-Atlantic and into the Northeast.
The semi-annual survey of Iowa land professionals finds strong gains in values for all types of farmland.
Cotton export sales soared 65% from last week’s strong tally to 571,400 RB, with China accounting for the bulk of the purchases.