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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.

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Cash corn, soybean prices decline further.

On average, analysts surveyed by Reuters expect USDA will report the Sept. 1 hog herd around 77.101 million head, down 1.7% from year-ago. The report will be released at 2:00 p.m. CT Friday.

Warm, dry weather favored crop maturation and harvesting across much of the country the week ending Sept. 21, with topsoil moisture sliding for newly planted winter wheat.

But sales of soybeans, soymeal and cotton were strong the week ending Sept. 16, signaling optimism operations will get back to normal in time for the peak shipment period.

Corn, bean basis accelerate their recent dives as harvest ramps up.

Find highlights from USDA's latest Cold Storage Report.

Reuters' report seems to line up with comments from Senator Grassley regarding the RFS on AgriTalk today. And Ag Secretary Vilsack's comments on the show seemed to pave the way for lower numbers.

The presence of the virus in the Americas paired with a surge in Haitian migrants at our southern border heightens concern the highly contagious disease could make its way to the U.S.

EPA's administrator also said EPA hopes release that foundational proposal sometime in November.

CCI ratings for both crops are still below the five-year averages.

Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk host Chip Flory discuss the southern border crisis, the latest on the battle over the infrastructure bill(s), and more...

Wheat exports held strong and were near the upper end of expectation.

Grain and soy futures are under pressure amid broad-based risk-off selling. Livestock futures are lower to start the week as well.

ERS finally released analysis of Biden's plan to change stepped-up basis on inherited assets, and its conclusions don't tell the full story.

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80% of rural bankers in 10-state region say elimination of step-basis will have negative impact on mainstreet economies.

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.

Cash spring wheat prices continue to climb.

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.

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

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

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.

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.

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

Find highlights from USDA's latest crop progress and condition update.

Both crops are rated nearly 11 points below their respective five-year averages.

Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets below.

Pro Farmer policy analyst Jim Wiesemeyer and AgriTalk host Chip Flory talk infrastructure bill, Afghanistan, and President Biden's COVID-19 vaccination mandate...

Soybean inspections were also quite light, though that has been the trend in recent months. Wheat inspections were solid, thanks in large part to more of the grain shipping out of the Pacific Northwest.

Corn, wheat and soybean markets are under pressure to start the week. Livestock futures are also favoring a softer tone.

Cash corn prices drop sharply.

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American Farm Bureau Federation Managing Director for Public Policy Ryan Yates told Chip Flory on AgriTalk, "I don’t know how I can be more clear. This creates a new tax on hardworking farmers and ranchers."

The department’s higher soybean crop estimate was in line with expectations, but its cotton production estimate came in quite a bit higher than the market anticipated.

China accounted for more than half the 453,000 RB in 2021-22 crop sales.

Brazilian government statistics agency now estimates Brazil’s total corn crop at 85.75 MMT, a 901,000-MT decline from its August production estimate and a 16.4% retreat from 2019-20.

The national average soybean basis turned negative for the first time since late January.

Chip Flory and D.C. Policy analyst Jim Wiesemeyer discuss domestic and foreign policy, and current trends in Washington...

Changes to the corn and soybean crop estimates will impact new-crop balance sheets, with bigger carryover projections also expected.

The CCI rating has been little changed for corn and soybeans the past three weeks.

Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.

Survey finds impressive gains in Illinois farmland values for all classes of farmland

Corn and soybean inspections dropped sharply, as expected, due to impacts from Hurricane Ida.