News
December HRW and December HRS futures posted new contract highs overnight.
USDA’s food price update on Monday will be watched for further signs of inflation
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
USDA’s Cold Storage Report showed beef stocks increased a little more than is typical during September, while the build in pork stocks was a little shy of normal.
Report should be supportive for futures, especially deferred live cattle.
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Biden hopes for a House floor vote on human infrastructure bill by the end of the month, China encourages coal production and USDA is short-staffed...
Ahead of the Open | October 22, 2021 Wheat futures seen higher on tight global supplies, corn up slightly, soybeans mixed.
Will Congress meet today’s framework agreement ‘deadline’?
Wheat futures followed the European market higher overnight, with December HRS wheat scoring a new contract high.
After the Bell | October 21, 2021 Grain, soybean futures fall amid broad commodity market weakness, hogs sink to five-week low.
Monthly survey finds bankers turning pessimistic for 2022.
Ahead of the Open | October 21, 2021 Grain, soybean futures expected lower in pullback from two-week highs.
Vilsack: seed sector next on the competition front
The U.S. Drought Monitor as of Oct. 19 showed some drought improvement in areas of the Southern Plains, but there were areas in West Texas that saw a one-category degradation in drought conditions during the week.
Above-normal temps are expected across the entire Southern and Central Plains for November through January, with below-normal precip over much of Oklahoma and all of Texas.
Secretary Vilsack shores-up GMO export approval with Mexico, California Governor looks to loosen supply chain snare and China signs agreement to import U.S. LNG...
China was the lead buyer of U.S. soybeans on the week at nearly 1.9 MMT.
Soybean led the price pullback overnight after recent, strong gains.