News
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
Corn inspections were more than halved compared with the week prior, with inspections coming up well short of expectations. Soybean inspections were also light and near the lower end of expectations.
Grain and soybeans favored the downside overnight although soybeans recovered on the open. Hog futures are under heavy pressure with cattle futures slightly lower.
Ahead of the Open | August 9, 2021 Grain, soybean futures mostly lower as trade awaits USDA Crop Production report.
Commodity trade keeping an eye on tumbling crude oil futures. Weekend rains lighter than expected for much of the western Corn Belt. Sanderson Farms announces $4.53 billion sale to Continental Grain.
Physical infrastructure on path to successful vote | Next up: Resolution, $3.5 trillion package
USDA WASDE, Crop Production reports on Thursday
USDA’s finds U.S. cropland values reach new high.
Editor Brian Grete and Davis Michaelsen discuss this week’s market performance...
After the Bell | August 6, 2021 Grain, soybean futures end week on firm note with USDA expected to trim harvest outlook.
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China will release food stockpiles, anthrax has been detected in a North Dakota cattle herd and the infrastructure bill continues to encounter hurdles...
U.S. economy adds 943,000 new jobs as recovery picks up pace | wage inflation evident
Ahead of the Open | August 6, 2021 Grain, soybean futures steady-firmer as trade watches export markets.
July jobs update awaited. Temp swings stressing Argentine wheat, but not enough to lower crop prospects. China to release reserves of commodities ‘essential for livelihood,’ takes more steps to control hog supply.
After the Bell | August 5, 2021 Corn futures gain on better than expected export sales, hog futures tumble after pork cutouts nosedive.
IHS Markit Agribusiness and Linn & Associations estimated the U.S. corn crop will yield an average of 176.5 bu. and 176.16 bu. per acre, respectively.
Conditions were mixed for the Midwest the week ending Aug. 3, with heavy precipitation again favoring southern and eastern areas of the Midwest, with little to no rain in the Upper Midwest.
The United States makes its first arms sale to China, House leadership wants more climate related language in the physical infrastructure bill and President Biden will sign an executive order setting emissions targets...