News
Grain and soy complex futures are under pressure to open the week. Live cattle futures opened weaker but have since reversed course and lean hog futures opened firmer but have turned mildly softer.
Short-term trend turns up for live cattle and sideways for hogs.
Grain and soy complex futures posted quiet, two-sided trade overnight as traders start to prepare for Tuesday’s November crop reports from USDA.
White House to closely watch EIA energy price data tomorrow
USDA Supply/Demand reports Tuesday: Federal Reserve officials will speak this week
A delay for Build Back Better package until week of Nov. 15, with a caveat
After the Bell | November 5, 2021 Corn, soybeans futures end week lower with USDA seen raising estimates in Nov. 9 Crop Production report.
Projections of note for the 2022-23 marketing year.
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%.
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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.