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Another round of rain for dry areas of the Midwest. House approves budget resolution. Biden said he planned to stick to his Aug. 31 deadline for military withdrawal. Month-plus streak of beef gains comes to an end.
After the Bell | August 24, 2021 Soybeans rally as Chinese purchase stokes export optimism, corn up after USDA ratings drop.
USDA announced today that it is updating the Coronavirus Food Assistance Program 2 (CFAP 2) for contract producers of eligible livestock and poultry and producers of specialty crops and other sales-based commodities.
The House continues to struggle to find consensus, Senate republicans believe rising RIN prices are to blame for rising gasoline prices and cattle futures got of to a strong start to the week...
USDA: 2.8 mil. acres accepted into CRP; accepts nearly 1.9 mil. acres general signup
Ahead of the Open | August 24, 2021 Corn futures expected higher after USDA ratings decline, soybeans firm, wheat lower.
Corn, soybean CCI ratings continue to decline. Worries about what another La Nina-plagued growing season might mean for South America. Some Senate Republicans urge EPA to set 2021, 2022 RVOs below ethanol “blend wall.”
After the Bell | August 23, 2021 Soybean, wheat futures gain on technical bounce, oil rally, nearby live cattle reach 17-month high.
But cotton ratings shot higher once more as Texas continues to receive rain.
There were 401.26 million lbs. of beef in the nation’s freezers at the end of July, just a 256,000-MT decline from the end of June versus the five-year average increase of 23.6 million lbs. for the month.