News
USDA estimates the U.S. hog herd at 74.201 million head as of Dec. 1, down 3.111 million head (4.0%) from last year.
USDA estimates there were 11.985 million head of cattle in large feedlots (1,000-plus head) as of Dec. 1, down 51,000 head (0.4%) from both year-ago and the average pre-report estimate.
U.S. Drought Monitor shows 58% of the U.S. winter wheat crop area is covered by drought conditions as of Dec. 21.
Markets will be closed tomorrow, Putin doesn’t mention military designs in public comments and Summers warns of an economic testing period for the U.S.
Beef stocks rose contra-seasonally in November. Pork stocks declined, as is normal, but not nearly as much as the five-year average.
Soybean futures seen weaker after fading from four-month highs, corn and winter wheat also weaker.
Bullish corn, soybean traders in control as dry weather in Brazil continues
Soymeal and soyoil export sales came in above expectations.
Grain and soy futures posted light, two-sided trade overnight in thin pre-holiday price action.
Corn futures pierce $6.00, close at six-month high, soybeans at four-month high on South America dryness, winter wheat also stronger.
Russia cuts gas supply to Europe, Biden confident Manchin will vote in favor of BBB and U.K. GDP forecasts soften...
EPA is currently evaluating the use of dicamba and whether it can be sprayed on GMO cotton and soybean plants with resistance to the chemical.
Corn futures top $6 for first time since July, soybeans near four-month high on South America dryness, wheat firmer.
Corn tops $6 in overnight trading | Last week’s winds labeled derecho event
Soybean futures extended Tuesday’s strong rally overnight, while old-crop corn futures finally topped the $6 level after nearly two months of trying to get above that psychological mark.
Cash soybean meal prices surge above $400 but are still slightly below year-ago.
Soybean basis slips but remains well above the three-year average.
Corn jumps to six-month high, soybeans at 3 1/2-month high on South America dryness, winter wheat up sharply.
The U.S. hog herd is expected to be 2.9% smaller than year-ago as of Dec. 1.
South American dryness is becoming a concern, EPA uncertain on the future of SREs and the U.S. tops list of rising consumer prices...