News
As of Nov. 30, 52% of U.S. winter wheat area was covered by drought conditions, up from 49% the previous week.
Higher crop prices drive increase in 2021 forecast farm income
Wheat export sales were a marketing-year low. Corn and soybean sales were down sharply from the previous week but each topped 1 MMT.
Grain, soybean futures extended Wednesday’s corrective gains overnight.
U.S. net farm income is forecast to reach $116.8 billion in 2021, up $22.0 billion (23.2%) from 2020 with the 2020 result up $15.7 billion (19.9%) from 2019.
Corn and soybean basis continues the post-harvest rebound
Corn and soybeans end higher amid ideas price drop may stir fresh export demand, wheat ends mixed.
Dems want CR until Jan. 28; GOP wants into mid-Feb. | Some progress on debt limit talks
OECD predicts persistent inflation in 2022, RVO’s still nowhere to be found and global sugar supplies are expected to tighten for the third consecutive year...
Grain, soybean futures firmer in corrective recovery from yesterday’s steep declines.