News
USDA’s latest outlook, released yesterday, projects the U.S. ag trade deficit at $47 billion in FY25, narrowing slightly from earlier estimates, and falling to $41.5 billion in FY26.
Corn led strength overnight while soybeans continue to consolidate following the recent leg higher.
Meal is the market to watch in soy complex futures
Export demand picking up for new-crop beans
Traders were expecting net new-crop soybean sales for the week ended Aug. 21 to range from 450,000 MT to 1.0 MMT.
Soybean, meal bulls hold their own, but winter wheat still sagging
Yesterday, Deputy Agriculture Secretary Stephen Vaden told farmers at the Farm Progress Show that the Department is considering a short-term “bridge” policy to support crop producers struggling with low prices until new safety-net provisions take effect in 2026.