News
Farm diesel prices are falling but still 75% above year-ago.
Rains fell over the Corn Belt though traders are focused on forecast dryness, Manchin caves on spending package and spring wheat yields continue to impress...
As of July 26, 68% of the U.S. was experiencing abnormal dryness/drought, down one percentage point from the previous week, but flash drought intensified over parts of the Great Plains, Ozarks, and Mississippi Valley.
Soybean futures climb to two-week high, corn firmer, on hot Midwest forecast; wheat also higher.
GDP fell 0.9% in 2Q, second straight decline and a strong recession signal
Weekly export sales this morning for week ended July 21 revealed a continued theme of sluggish new-crop corn and old-crop soybean sales. New crop soybean sales were the bright spot; well above expectations.
Corn and soybean futures were supported by followthrough buying overnight amid forecasts calling for hot and dry conditions next week, while wheat rebounded from Wednesday’s losses.
$20 bil. to support climate-smart ag practices; SAF tax credit of $1.25/gallon
Hurdles remain, including Sen. Sinema’s position and House Democrats
Cash soybean prices posted a big gain over the past week.
Soybean futures climb near four-week high on concern Midwest heat may curb yields; corn firm, wheat lower.
Potential impacts of higher interest rates on farmland values and cash rents.
China rejects accusations of espionage, Biden will speak with Xi Jinping and Union Rail workers report they remain ‘far apart’ in negotiations...
Soybeans climb to two-week high overnight, corn firmer on Midwest heat concern; wheat mixed.
British intelligence: ‘Russia almost certainly perceives anti-ship missiles as a key threat’
Grain and soybean futures posted two-sided trade overnight but are higher and trading near session highs this morning.
Corn, soybeans rally as USDA crop ratings slip, Midwest heat expected to return; wheat higher on Ukraine concern.
Crop consultant trims U.S. corn and soybean yield estimates, truckers halt protests and China embarks on mega-tunnel water project...
IMF slashes global GDP forecast as economic outlook grows ‘gloomy and more uncertain’
Corn, soybeans gap higher overnight, surge after larger than expected crop ratings drop; wheat stronger.