News
Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.
After the Bell | August 26, 2021 Wheat futures gain amid concern over shrinking global supplies, corn, soybeans mostly lower after Midwest rains.
More rain for the Midwest, Delta producers brace for Hurricane Ida. Big jump in Russian wheat export duty. Fed’s annual Jackson Hole Symposium underway. China’s pork imports will rise in 2022.
It expects Canada’s 2021-22 all wheat crop to drop 15.01 MMT (42.7%) from last season to 20.18 MMT.
Reuters is now reporting two of its sources indicate EPA has proposed retroactively lowering the 2020 Renewable Fuel Standard blending obligations in a nod to reduced fuel demand due to the Covid-19 pandemic.
Areas of the Midwest and High Plains received welcome rainfall the week ending Aug. 24, leading to localized drought improvement. But areas that missed out saw drought conditions worsen over the past week.
Evacuations from Afghanistan continued overnight, lawmakers introduce legislation to encourage bio-fuel use and South Korea raises interest rates...
China buys more U.S. soybeans | Pelosi comments on infrastructure deal with centrists
Ahead of the Open | August 26, 2021 Corn, soybeans lower after overnight Midwest rain, wheat export sales disappointing.
Sales of old- and new-crop corn were in line with expectations. Soybean sales were strong, as expected, with much of the business known thanks to USDA’s daily reporting system.