News
This week the team dives into what to expect from USDA’s Crop Production and WASDE reports.
USDA grant funding for farmers to test new practices, solve production challenges, and spread knowledge remains tied up and risks being sent back to the Treasury.
Corn and wheat futures are mildly higher with soybeans near unchanged. Cattle futures are trying to work higher with hog futures mixed...
Wheat led strength overnight with soybeans following modestly to the upside.
China soybean imports hit record high in August
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The latest U.S. jobs report, released this morning, shows the economy added just 22,000 jobs in August, far below expectations, while unemployment rose to 4.3%, the highest since 2021.
Corn, soybeans and wheat saw a relatively quiet night of trade, each seeing action on either side of unchanged.
Wheat sales for the week ended Aug. 28 were down 46% from the previous week and 51% from the four-week average. New-crop corn sales were strong, while net soybean sales were near the low end of pre-report expectations.