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Drought continues to hammer the U.S. spring wheat crop, while corn and soybean ratings slipped.
After the Bell | July 26, 2021 Corn, soybeans end higher amid slightly reduced rainfall outlook for Midwest, wheat lower as winter harvest moves along.
Jim Wiesemeyer and guest host Davis Michaelsen discuss the week ahead in Washington...
Corn inspections were also decent and above 1 MMT. Soybean inspections were near the upper end of expectations, though the overall tally was still pretty light.
NASS and World Board willing to discuss, act on changes if needed - Funding key issue
Corn soybean and wheat futures open the week under pressure on Friday’s poor closes and overnight pressure. Cattle futures are firmer on USDA’s Cattle Inventory Report, out Friday. Hog futures are mildly softer.
Ahead of the Open | July 26, 2021 Corn, soybean futures fall near two-week lows following Midwest rainfall, outlook for cooler temperatures.
Hot, dry week likely for much of the Midwest & Plains. Low Parana River water levels likely to get worse before they get better. Vilsack predicts moderation in food inflation. Friendly cattle reports may boost futures.
A few issues linger on physical infrastructure measure
Nominations | FY 2022 spending | FOMC meeting, presser | Meat industry hearings
After the Bell | July 23, 2021 Midwest rainfall prospects send grain futures lower for week, hogs at one-month high on firm pork.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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Most farmers don’t need an incentive to do the right thing, says guest blogger Gabriel Carballal.
More WHIP+ aid focus next week | GOP has concerns about CRP sweetener
Ahead of the Open | July 23, 2021 Corn, soybean futures lower, wheat firmer as trade eyes hot, dry Midwest outlook.
Evening weather update calls for less Midwest rain. French wheat crop ratings dip again, with heavy rains eroding crop prospects. Chinese soybean imports could slow 2H of 2021. Taper talk at the Fed.
After the Bell | July 22, 2021 Grain, soy futures tumble amid profit-taking, soft exports, hog futures fade from five-week high.
Frozen beef stocks dropped 4.3% during June whereas they typically hold near steady for the period.
Cash prices generally strengthened for grains, soybeans.
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