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Dryness expands in southern and eastern areas of the Midwest as growing season wanes

Drought spread across the Central and Southern Plains over the past week, as well as in southern and eastern areas of the Corn Belt, according to the latest U.S. Drought Monitor.

Market Watch | September 16, 2021

Cash spring wheat prices continue to climb.

Warm, dry outlook concerning for winter wheat producers

Warm weather is likely to continue across most of the Midwest and Plains during October, according to updated weather maps from the Climate Prediction Center. The precipitation outlook for next month is less certain.

Wheat export sales hit new high for 2021-22

In contrast, corn sales slumped to less than 250,000 MT.

Midweek Cash Markets | September 15, 2021

Corn and soybean basis weaken as harvest picks up and amid Gulf logistics issues due to Hurricane Ida.

Unexpected rise in NOPA’s August crush

The August crush figure still represented a substantial slowdown in the crush pace from monthly records set the first five months of the crop year.

FAPRI expects net farm income to retreat from 2021’s strong level next year

Projected net farm income is expected to reach the highest level since 2013 this year, but net farm income is likely to fall $23 billion in 2022, according to FAPRI.

StatsCan slices its crop estimates, again

Its crop estimates continue to shrink against the backdrop of a punishing drought.