News
Markets and government offices will be closed Monday in observance of Independence Day, the Fed suggests a 2022 rate hike and the House passes a transportation and water infrastructure measure...
Cordonnier makes no change to U.S. corn and soybean estimates, China rejects Canadian request for dispute settlement and details on dairy payments take a back seat to infrastructure plan...
USDA will release anticipated reports today, more frost is forecast tonight for Brazil’s safrhina corn areas and expansion slows in China’s factory sector...
Trading limits are expanded today after yesterday’s corn market surge, U.S. and Taiwan officials meet and Smithfield Foods pays hefty fee...
Water levels in the Parana River are becoming a problem, President Biden and Secretary Vilsack will visit Wisconsin and Senate Democrats look to include citizenship in the infrastructure bill...
“A return of La Nina could aggravate an already exceptional drought in south-central Brazil that has resulted in one of the driest periods in over 90 years,” says South American Crop Consultant Dr. Michael Cordonnier.
Livestock and poultry producers who suffered losses during the Covid-19 pandemic due to insufficient access to processing can apply for aid under USDA’s Pandemic Livestock Indemnity Program from July 20 to Sept. 17.
The corn and soybean markets built on Monday’s gains, with live cattle and lean hog futures also climbing.
Analysts don’t know how to size up HRS wheat crop | Brazil corn crop lowered again
Spring wheat was supported by falling crop conditions, while corn and soybeans firmed late overnight.
Spring wheat CCI rating plunges again. Chinese purchases of soybeans, corn, wheat and meat all up from year-ago through June. Transportation spending bill has a spending offset issue. Cash hog bids dive.
Highlights from today’s Crop Progress and Condition Report.
The CCI ratings for the corn and soybean crops were nearly unchanged for the week.
A rally in spring wheat futures provided spillover support to corn and soybeans.
Chip Flory and Jim Wiesemeyer discuss beef cattle and dairy markets with an eye toward USDA Secretary Vilsack’s visit to the Omaha, Nebraska area.
Get a breakdown of the need-to-know items from today’s WASDE and Crop Production reports.
USDA maintained its weather-adjusted trendline yield estimates for both corn and soybeans and incorporated its June 30 harvested acreage estimates.
Inspections for corn, soybeans and wheat were in line with expectations.
Corn soybean and spring wheat futures are mildly higher this morning. Cattle futures are mostly weaker with hog futures off to a firmer start to the week.
Corn and soybeans were mildly firmer overnight on positioning ahead of USDA’s July crop reports at 11 a.m. CT. Weekend rains were ample across all but northern locations of the Midwest.