News
Ahead of the Open | September 21, 2021 Corn futures seen lower after USDA crop ratings improve and harvest accelerates, soybeans firmer.
Senate parliamentarian nixes Dems’ immigration proposal | CR | Debt limit | Recon delay
China’s wheat imports reach highest level in more than two decades. Russian wheat export prices climb for 10th consecutive week. Possibility of a debt default rattles the market.
Another RFS rumor | CR | Debt limit | FOMC | Carbon markets | Food summit
ERS finally released analysis of Biden’s plan to change stepped-up basis on inherited assets, and its conclusions don’t tell the full story.
After the Bell | September 17, 2021 Corn futures post weekly gain, wheat futures up 3% on week amid Plains dryness concern.
Download this week’s issue here.
Price surges, logistical constraints continue to impact markets and boost inflation
Ahead of the Open | September 17, 2021 Corn, soybeans futures weaken overnight but still higher on week, wheat futures mixed.
Russia lowers tariff on wheat exports for first time in a month. Biofuel producers pushing for modeling change regarding SAF tax credit eligibility. Pork prices have turned up, but cash market remains under pressure.
After the Bell | September 16, 2021 Strong export sales boost soybean and wheat futures, corn futures end lower.