News
The bigger crop estimate is expected to increase the 2021-22 bean ending stocks projection. But traders see corn carryover declining a little, as ethanol use is likely to rise.
Beef exports to China are up more than 700% this year, while pork shipments are down 37%.
Access this week’s newsletter here.
Midwestern governors appeal to EPA for year-round E15 sales, President Biden will meet with Chinese counterpart Xi Jinping and OPEC+ raises oil production only slightly...
U.S. employers added 531,000 jobs in October, a sign growth is resuming
Ahead of the Open | November 5, 2021 Soybeans fall to three-week low, corn weaker as trade waits for Nov. 9 USDA reports.
Corn and wheat futures are posting mild corrective gains early this morning.
After the Bell | November 4, 2021 Soybean futures sink to three-week lows with USDA seen boosting crop estimate, grains also weaker.
Our updated monthly and quarterly forecasts, including the first outlook for second quarter 2022.
Ahead of the Open | November 4, 2021 Corn, wheat seen higher as export sales at high end of expectations, soybeans lower.
Global food prices continue to rise, world cereal production to set record and House Democrats hope to vote on infrastructure bills by the end of the week...
USDA says 43% of U.S. winter wheat areas are experiencing drought conditions, unchanged from the previous week.
Food vs fuel enters the biodiesel debate | N.J. Dem governor wins razor-thin race
Soybean sales totaled nearly 1.9 MMT, while corn sales topped 1.2 MMT.
After the Bell | November 3, 2021 Corn and wheat fall second day in corrective pullback, live cattle futures post two-month high.
As was widely expected, the Federal Reserve will begin dialing back its asset purchases by $15 billion per month, starting later in November.
Corn and wheat futures halted their corrective pullbacks from the two previous days overnight, but soybeans extended Wednesday’s declines.
Soybean basis firmed despite the rollover to the January contract, which is around 13 cents above November.
Deere & Co. workers reject contract settlement, Youngkin defeats McAuliffe in Virginia and China pledges to cut coal use...
Ahead of the Open | November 3, 2021 Grain, soybean futures seen slightly lower in profit-taking pullback from recent rallies.