Agriculture News
The U.S. economy displayed “moderate to robust growth” from late May to early July, according to today’s Beige Book released by the Federal Reserve.
Download this week’s newsletter here.
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Find expectations for USDA’s July 12 Crop Production and WASDE reports.
Drought and frost have taken a toll on the late-planted crop.
“Another week of hot, dry weather in the Pacific Northwest, Northern Rockies, Northern Plains, and Upper Midwest led to the expansion of drought conditions,” today’s National Drought Monitory summary says.
Corn and soybean basis both pull back after last week’s surge.
Quarterly survey of ag bankers finds optimism across Texas.
Find highlights from today’s Crop Progress and Condition Report.
The corn CCI rating inched higher, while the soybean reading slipped.