News
80% of rural bankers in 10-state region say elimination of step-basis will have negative impact on mainstreet economies.
Drought spread across the Central and Southern Plains over the past week, as well as in southern and eastern areas of the Corn Belt, according to the latest U.S. Drought Monitor.
Warm weather is likely to continue across most of the Midwest and Plains during October, according to updated weather maps from the Climate Prediction Center. The precipitation outlook for next month is less certain.
Ahead of the Open | September 16, 2021 Corn futures mixed-weaker after export sales disappoint, soybeans firmer, wheat lower.
In contrast, corn sales slumped to less than 250,000 MT.
Strategie Grains calling for tighter global wheat supplies. Business Roundtable sounds alarm on debt ceiling; Yellen calls McConnell. POET pledges its ethanol will reduce emissions at least 70% vs. gasoline by 2030.
Corn and soybean basis weaken as harvest picks up and amid Gulf logistics issues due to Hurricane Ida.
After the Bell | September 15, 2021 Corn, soybean futures post highest closes in over two weeks, wheat futures also higher.
The August crush figure still represented a substantial slowdown in the crush pace from monthly records set the first five months of the crop year.
Ahead of the Open | September 15, 2021 Corn nears two-week high overnight, soybeans also higher as market awaits NOPA crush report.
California governor easily fends off Republican-led recall vote | WaPo comments on Vilsack
Nicholas expected to stall over Louisiana, storms possible in the Ohio Valley. Another light NOPA crush expected to close out marketing year. Pork prices surge.
After the Bell | September 14, 2021 Wheat futures surge amid concern over Plains heat as winter seeding commences, corn also firmer.
Projected net farm income is expected to reach the highest level since 2013 this year, but net farm income is likely to fall $23 billion in 2022, according to FAPRI.
Its crop estimates continue to shrink against the backdrop of a punishing drought.
House Democrats have detailed their proposed tax increases, nearly 50% of U.S. offshore oil production remains out of service and Canada’s cattle and swine herds are likely to contract...
Finally, a nominee for ag spot at USTR, but problems with ag trade position at USDA
Ahead of the Open | September 14, 2021 Wheat futures climb overnight on global supply concerns, corn and soybeans also firmer.