Agriculture News
Key items on the docket for the week and a recap of recent strong export demand
Weekly wheat inspections during the week ended March 13, roes 251,000 MT from the previous week, exceeding expectations. Corn and soybean inspections were each lower on the week.
Wheat futures are leading corn higher with soybeans under light pressure. Livestock futures are solidly higher to start the week...
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The elevated index value indicates increased economic risks, as businesses and consumers may delay decisions due to policy ambiguity.
Corn, soybeans and wheat mildly favored the downside overnight.
Cash corn and soybean prices post milder weekly gains.
La Nina-like conditions are weakening, with ENSO-neutral on the near-term horizon
Wheat and soybean sales during the week ended March 6 were each above analysts pre-report range. Corn sales rose on the week, while exports reached a marketing-year high.
Trade worries continue to limit buyer interest.
Basis for both markets remains below average.
Corn, soybeans and wheat declined overnight amid risk aversion.
USDA didn’t change corn, soybean or cotton ending stocks. Projected wheat carryover was increased.
Corn and soybean ending stocks were unchanged from February, while wheat ending stocks increased more than expected.
Corn and soybeans favored the upside overnight, while wheat was mildly weaker.
Updates to the 2024-25 balance sheets will consider trade policies currently in place at the time of publication.
The initial broadcast of our weekly podcast looking at the week ahead and key factors impacting ag markets.
Weekly corn inspection for the week ended March 6 rose 467,000 MT from the previous week, exceeding analysts’ pre-report range.
Wheat futures are sharply higher with corn following to the upside and beans under light pressure. Cattle futures are mixed with lean hogs working higher to start the week...
Cattle and hog futures posted strong corrective rebounds last week to signal short-term lows.