News
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.
Strong production numbers and government policies support the thesis of higher costs for longer.
Near-term profit taking set to weigh on grain market
Details on China purchases of U.S. soybeans
Farmers and ranchers already dealing with tight margins may soon face another financial hit: a steep jump in health insurance premiums. The expanded Affordable Care Act (ACA) tax credits that have kept many farm families’ monthly costs manageable are set to expire at the end of the year unless Congress extends them.
Locally areas received 2+ inches of rain in the last week
Treasury secretary says Beijing to buy 12 million metric tons of soybeans ‘this season’
Grain markets exhibit “buy the rumor, sell the fact”
China’s state-owned grain trader COFCO has bought three cargoes of U.S. soybeans—roughly 180,000 metric tons—for delivery between December and January, marking the first major Chinese purchase from this year’s U.S. harvest.