The USDA increased U.S. and global wheat and corn carryout numbers above pre-report estimates. Meanwhile, U.S. and global cotton and soybean carryout numbers were under pre-report estimates.
Your editors break down USDA's September Small Grains Summary and Quarterly Grain Stocks Reports — data that has a history of sparking some big market moves.
As scouts set out on the 2021 Pro Farmer Crop Tour Monday they got a soggy start, a good sign for soybeans in August. While Ohio did not disappoint, South Dakota showed scars from the drought with a mature crop.
It's the tale of two extremes on the first day of Pro Farmer Crop Tour. Heading into the tour, USDA painted an optimistic picture for Ohio, while South Dakota's outlook was grim. See what scouts saw during day 1.