News
Soybeans saw relative strength overnight, led by strength in meal, though failed to break above recent highs.
The USDA has confirmed that it will publish a long-awaited crop supply and demand report on November 14 — despite the ongoing federal government shutdown that halted the regular October release.
Hillari and Davis discuss the latest news out of China, while Bill provides details on recent soybean export sales and what’s in store from the Federal Reserve.
Corn futures are fractionally on either side of unchanged, soybean futures are up around a nickel with November futures now above 11 bucks. Chicago wheat is 2 cents higher with KC wheat hovering around unchanged. Lean hogs are under moderate pressure this morning as the cattle complex firms aggressively...
Wheat breaks out on news from China interest
Warmer, drier in central U.S. this week
Meat Institute report analyzes the state of beef cattle markets and points out current pricing myths.
Federal judges in both Rhode Island and Massachusetts ruled today that the USDA must use its available contingency-fund reserves to continue providing SNAP benefits during the ongoing federal government shutdown.
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Strong production numbers and government policies support the thesis of higher costs for longer.