Agriculture News
2023-2024 Supplemental Disaster Assistance
Both remain well below average.
U.S., China to hold trade talks in Geneva this weekend.
Improvement in farmer sentiment occurred despite ongoing trade disputes with many of U.S. agriculture’s largest trading partners.
Corn and winter wheat markets were supported by light corrective buying overnight, while soybeans and spring wheat faced light followthrough selling.
The HRW crop improved despite a decline in top producer Kansas, while SRW crop improvement was primarily in leading producer Illinois.
Weekly wheat inspections during the week ended May 1 led the decline, falling 339,000 MT.
Trade deals, planting progress, OPEC production hike and more in focus this week.
Corn, soybean and winter wheat markets are under light pressure with livestock markets choppy to open the week…
Short-term trend remains bullish for soybeans.
President Trump teases imminent trade deals but details lacking.
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Grains are still lower for the week.
All but seven years since 1981 have had at least one rally in the summer.
Our updated monthly and quarterly price forecasts.
Outlook calls for drought in the western Corn Belt and Plains through July; most of the eastern Corn Belt will be drought-free.
Soybean sales during the week ended April 24 rose 55% on the week despite the seasonal lull amid fresh South American supplies. Wheat sales were also up noticeably, while corn sales slid 12% week-over-week.
Traders await weekly export sales data later this morning.
Sharp weekly declines in soybean, wheat basis on rollover to the July contracts.
Economists fear President Trump’s trade/tariff stance could push ag into a deeper recession.