Agriculture News
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Cotton export sales soared 65% from last week’s strong tally to 571,400 RB, with China accounting for the bulk of the purchases.
Corn and soybean basis continues to weaken as harvest picks up.
We believe any surprises for wheat will likely come in the Small Grains Summary. Find expectations for USDA’s key reports at month’s end.
Corn rating was unchanged while the soybean rating modestly declined.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Wheat inspections came in well short of expectations at just over half of last week’s tally, catching the market off guard.
Corn, soybean and wheat futures are slightly firmer this morning. Hog futures are sharply higher and cattle futures are under light pressure.
USDA also made some substantial revisions to past data.
