News
Corn and soybean basis continues to slide, but cash prices for both rose this week.
Grain and cotton futures posted a generally muted showing Wednesday ahead of Thursday’s important USDA reports. Cattle futures slipped along with recent cash losses, whereas fall hog futures posted a strong rebound.
Hot, humid weather continues over the Corn Belt, the $3.5 trillion spending package narrowly moves forward and GOP leaders weigh in on raising the debt ceiling...
Inflation settles at high rate as prices leap 5.4% from a year ago
Ahead of the Open | August 11, 2021 Soybean futures seen higher on export optimism, corn firmer ahead of critical USDA reports.
Stifling summer heat stretches from coast to coast. Heat and dryness remain problematic in Canada. House to cut recess short, take up Democratic budget plan. Delta variant is threatening China’s economic recovery.
The data is also expected to remind of the thin supply cushion for both crops.
After the Bell | August 10, 2021 Wheat futures end higher on bullish global supply-demand outlook, soybeans gain on export optimism.
The statistics agency also cut its soybean export forecast by 3.3 MMT and warned further cuts could be coming.
USDA daily export sales | Vilsack pressed on hog producer aid | Belarus sanctions/potash
Cordonnier holds crop estimates steady again, the Senate is expected to clear the physical infrastructure bill today and Yellen urges a debt ceiling increase...
Ahead of the Open | August 10, 2021 Corn futures expected to start lower after USDA crop ratings improvement, soybeans up on export hopes.
After the Bell | August 9, 2021 Corn, soybean futures end mostly lower on weekend Midwest rainfall, general commodity market slump.
Cordonnier holds U.S. corn and soybean yield projections steady after recent rain. Senate Democrats on Monday unveiled a $3.5 trillion spending plan. Information regarding aid for contract hog producers could come soon
Soybean ratings did not improve in response. Find more highlights from today’s Crop Progress and Condition Report here.
The spring wheat CCI rating improved again, likely due to the poorer acres being hayed/abandoned or already harvested.
Pro Farmer policy analyst Jim Wiesemeyer and host Chip Flory discuss the highlights of last week in D.C. and look ahead to key votes and policy issues that matter most to farmers and ranchers.
“The Well, the Wealthy, and the Worried are the folks who think they can afford to overlook the incredible benefits of GMOs,” writes Bill Horan, an Iowa farmer, in this guest post.
Tyson Foods Inc. reported stronger-than-expected earnings for the third quarter, but the company says it cannot increase prices for chicken and prepared foods fast enough to keep pace with rising raw material prices
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.