News
This week’s table includes updated monthly forecasts
High heat coming for eastern half of U.S.
For the first time since 2019, the federal government has shutdown, immediately hitting farm operations by halting key USDA payments and services across the country.
Corn, soybeans and wheat each saw followthrough selling pressure overnight.
U.S. government shutdown prompts some risk aversion
USDA’s harvested acres estimate drove 62% of the production increase
Markets remain under pressure amid higher than expected corn stocks.
USDA reported quarterly corn stocks data as of Sept. 1 were nearly 200 million bu. higher than the average analyst estimate, while soybeans were slightly below. Wheat production also surpassed pre-report expectations.
Corn, soybeans and wheat each saw modest losses in the overnight session.
Major USDA data out today as U.S. government shutdown looms
In a new memorandum of understanding, the Department’s antitrust division will work with USDA to investigate rising costs of farm inputs such as fertilizer, seed, fuel, and equipment
National soybean good to excellent ratings up 1%
Weekly corn inspections are outpacing year-ago by more than 50%.
The team discusses Argentine soy purchases by China and what to expect in this week’s Grain Stocks Report.
Corn, soybeans and wheat each favored the downside in overnight trade with corn trading right on key support.
Commercial hedge selling looms for corn, soybeans
The Farm Journal September Ag Economists’ Monthly Monitor makes it clear: Working capital is thinning, export markets are shaky and long-term crop margins could get ugly. But for now, one thing is still keeping its strength: Americans’ appetite for beef.