News
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
The National Weather Service revised its one-month temperature and precipitation outlooks at the start of October, including some significant changes on the precipitation front.
While shipment tallies improved notably as more export facilities reopened at the Gulf, the amount of beans inspected for export was still well under year-ago. USDA also made significant revisions to last week’s data.
Soybean futures are under pressure after trading below the Ju ne low overnight. Wheat futures are mixed and corn futures are under pressure. Cattle futures are higher and lean hogs are facing some profit taking.
Ahead of the Open | October 4, 2021 Soybeans seen weaker after dropping to six-month low overnight, corn lower, wheat mixed.
Evergrande’s shares suspended pending ‘major transaction’
Soybeans drop to a six-month low. Dry weather holding back winter wheat planting in Russia. Canadian canola exports down sharply from year-ago. Biden administration to lay out China trade policy.
After the Bell | October 1, 2021 Soybean futures close at six-month low amid harvest pressure, bearish USDA stocks; winter wheat near seven-week high.
USTR Tai to reveal U.S./China trade policy ideas in Monday speech
Davis Michaelsen and Editor Brian Grete discuss USDA’s reports and this week’s market action...
Download this week’s newsletter here.
Cash soybean prices continue to fall as harvest accelerates.
Welcome rains fell in wheat country, Biden signs budget stopgap and China’s U.S. beef imports rise sharply...
PCE index is highest rate of inflation since 1991 | Why China goofed re: Phase 1 accord
Ahead of the Open | October 1, 2021 Wheat futures extend rally on bullish USDA data, corn firmer, soybeans weaker.
Welcome moisture for HRW wheat areas. Soybean crush expected to hit four-year low for August. Russian wheat tariff will hit a new high next week. Euro-zone inflation hits highest level in 13 years as energy prices soar.
After the Bell | September 30, 2021 Soybeans tumble to three-month lows on bearish USDA grain stocks, cotton extends rally to 10-year highs.
Ahead of the Open | September 27, 2021 Corn futures weaker on outlook for accelerating harvest, soybeans firmer on exports.
After the Bell | September 27, 2021 Corn futures post highest close for month as commodities rally, hog futures soar daily limit on USDA report.
Your editors break down USDA’s September Small Grains Summary and Quarterly Grain Stocks Reports — data that has a history of sparking some big market moves.