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Biden Administration to Announce Largest Permanent Increase in Food Stamps
Biden Administration to Announce Largest Permanent Increase in Food Stamps

Pelosi takes step to quell moderates’ budget rebellion

House Out Until Aug. 23; Senate in Recess Through Sept. 13
House Out Until Aug. 23; Senate in Recess Through Sept. 13

Biden and Pelosi must deal with centrists and far-left Democrats

Friday Wrap-up | August 13, 2021
Friday Wrap-up | August 13, 2021

Davis Michaelsen and Editor Brian Grete discuss this week's market action.

After the Bell | Aug. 13, 2021
After the Bell | Aug. 13, 2021

The soy and wheat complexes, as well as cotton futures, finished the week on a strong note in the wake of Thursday's supportive USDA reports. The corn and livestock markets struggled.

episode4scouting
Scout your fields, too

While we’re scouting fields across the Corn Belt Aug. 16-19 on the Pro Farmer Crop Tour, you can scout your own fields.

Scouting soybeans.
Our Crop Tour provides a firsthand, objective look at the 2021 corn, soybean crops

Because USDA no longer collects objective yield samples in August, this will be the industry’s first broad look at field data from across the Corn Belt.

Your  Pro Farmer newsletter (Aug. 14, 2021) is now available!
Your Pro Farmer newsletter (Aug. 14, 2021) is now available!

Download this week's newsletter here.

First Thing Today Audio | August 13, 2021
First Thing Today Audio | August 13, 2021

COVID-19 shutters a key Chinese port, House Democrats urge Speaker Pelosi to approve the bipartisan infrastructure package and home prices continued to soar in the second quarter...

Democrats’ Plan to Advance Infrastructure Bill & Budget Blueprint Together in Jeopardy
Democrats’ Plan to Advance Infrastructure Bill & Budget Blueprint Together in Jeopardy

Republicans on Senate Ag panel want hearings re: $135 billion in new ag spending

Ahead of the Open | August 13, 2021
Ahead of the Open | August 13, 2021

Ahead of the Open | August 13, 2021 Wheat futures reach contract highs after USDA cuts global supply outlook, corn, soybeans higher.

First Thing Today | Aug. 13, 2021
First Thing Today | Aug. 13, 2021

Friendly USDA data lifts corn, soybean and wheat. Argentine exchange expects soybean plantings to slide for sixth year in a row. Moderate Democrats pressure Pelosi to take up physical infrastructure package.

After the Bell | August 12, 2021
After the Bell | August 12, 2021

After the Bell | August 12, 2021 USDA's lower-than-expected harvest estimates boost corn futures to six-week highs, wheat to three-month highs.

PF Reaction: USDA delivers bullish crop estimates for corn, soybeans wheat & cotton
PF Reaction: USDA delivers bullish crop estimates for corn, soybeans wheat & cotton

Your editors take you through USDA's latest WASDE and Crop Production Reports that had no shortage of surprises.

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USDA’s initial corn crop estimate well shy of expectations

Its initial soybean crop estimate was also a bit smaller than expected, and it sliced its all wheat crop quite a bit more than the market anticipated. The market was also caught leaning the wrong way on cotton.

Rains provided just spotty drought relief for the Midwest and Northern Plains
Rains provided just spotty drought relief for the Midwest and Northern Plains

“Increased drought coverage and intensity was more common, as a large majority of these areas recorded light precipitation at best,” today’s drought summary says.

Key USDA Supply & Demand Reports Today; What Traders Will Highlight
Key USDA Supply & Demand Reports Today; What Traders Will Highlight

Steps ahead for infrastructure measures/reconciliation | CEO of WH Group steps down

First Thing Today Audio | August 12, 2021
First Thing Today Audio | August 12, 2021

USDA will release corn and soybean crop estimates today, China lowers soybean import projection and economists expect inflation to persist...

Ahead of the Open | August 12, 2021
Ahead of the Open | August 12, 2021

Ahead of the Open | August 12, 2021 Corn, soybean futures trading slightly lower, wheat firmer as trade awaits key USDA reports.

Soybean sales push above 1.2 MMT on strong buying by “unknown” and China
Soybean sales push above 1.2 MMT on strong buying by “unknown” and China

But exports of the oilseed hit a marketing-year low.

First Thing Today | Aug. 12, 2021
First Thing Today | Aug. 12, 2021

USDA’s WASDE and Crop Production Report out at 11:00 a.m. CT. China trims soybean import projection for 2020-21. Low water levels on Parana River could get worse before it gets better.

Market Watch | August 11, 2021
Market Watch | August 11, 2021

Cash wheat prices firm, though HRS values ease from their elevated levels.

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Midweek Cash Markets | August 11, 2021

Corn and soybean basis continues to slide, but cash prices for both rose this week.

After the Bell | Aug. 11, 2021
After the Bell | Aug. 11, 2021

Grain and cotton futures posted a generally muted showing Wednesday ahead of Thursday's important USDA reports. Cattle futures slipped along with recent cash losses, whereas fall hog futures posted a strong rebound.

First Thing Today Audio | August 11, 2021
First Thing Today Audio | August 11, 2021

Hot, humid weather continues over the Corn Belt, the $3.5 trillion spending package narrowly moves forward and GOP leaders weigh in on raising the debt ceiling...

Senate Passes $3.5 Trillion Budget Blueprint, but Sen. Manchin Issues Warning
Senate Passes $3.5 Trillion Budget Blueprint, but Sen. Manchin Issues Warning

Inflation settles at high rate as prices leap 5.4% from a year ago

Ahead of the Open | August 11, 2021
Ahead of the Open | August 11, 2021

Ahead of the Open | August 11, 2021 Soybean futures seen higher on export optimism, corn firmer ahead of critical USDA reports.

First Thing Today | August 11, 2021
First Thing Today | August 11, 2021

Stifling summer heat stretches from coast to coast. Heat and dryness remain problematic in Canada. House to cut recess short, take up Democratic budget plan. Delta variant is threatening China’s economic recovery.

Analysts expect corn and soybean production to come in below July’s projections
Analysts expect corn and soybean production to come in below July’s projections

The data is also expected to remind of the thin supply cushion for both crops.

After the Bell | August 10, 2021
After the Bell | August 10, 2021

After the Bell | August 10, 2021 Wheat futures end higher on bullish global supply-demand outlook, soybeans gain on export optimism.

corn harvest
Conab slashes its Brazilian corn crop and export forecasts

The statistics agency also cut its soybean export forecast by 3.3 MMT and warned further cuts could be coming.

First Thing Today Audio | August 10, 2021
First Thing Today Audio | August 10, 2021

Cordonnier holds crop estimates steady again, the Senate is expected to clear the physical infrastructure bill today and Yellen urges a debt ceiling increase...

Some Ag Details Surface Re: Dems’ $3.5 Trillion Human Infrastructure Package
Some Ag Details Surface Re: Dems’ $3.5 Trillion Human Infrastructure Package

USDA daily export sales | Vilsack pressed on hog producer aid | Belarus sanctions/potash

Ahead of the Open | August 10, 2021
Ahead of the Open | August 10, 2021

Ahead of the Open | August 10, 2021 Corn futures expected to start lower after USDA crop ratings improvement, soybeans up on export hopes.

First Thing Today | August 10, 2021
First Thing Today | August 10, 2021

Cordonnier holds U.S. corn and soybean yield projections steady after recent rain. Senate Democrats on Monday unveiled a $3.5 trillion spending plan. Information regarding aid for contract hog producers could come soon

Corn ratings lifted by moisture and milder temperatures
Corn ratings lifted by moisture and milder temperatures

Soybean ratings did not improve in response. Find more highlights from today's Crop Progress and Condition Report here.

Corn, soybean CCI ratings virtually unchanged
Corn, soybean CCI ratings virtually unchanged

The spring wheat CCI rating improved again, likely due to the poorer acres being hayed/abandoned or already harvested.

After the Bell | August 9, 2021
After the Bell | August 9, 2021

After the Bell | August 9, 2021 Corn, soybean futures end mostly lower on weekend Midwest rainfall, general commodity market slump.

Signal to Noise | August 9, 2021
Signal to Noise | August 9, 2021

Pro Farmer policy analyst Jim Wiesemeyer and host Chip Flory discuss the highlights of last week in D.C. and look ahead to key votes and policy issues that matter most to farmers and ranchers.

GMO_Labeling_Chips_2
GFN: Ignorance is taking away choice

"The Well, the Wealthy, and the Worried are the folks who think they can afford to overlook the incredible benefits of GMOs," writes Bill Horan, an Iowa farmer, in this guest post.

Tyson to hike retail food prices in September, citing “unprecedented” inflation
Tyson to hike retail food prices in September, citing “unprecedented” inflation

Tyson Foods Inc. reported stronger-than-expected earnings for the third quarter, but the company says it cannot increase prices for chicken and prepared foods fast enough to keep pace with rising raw material prices

Chart Trend: Daily and weekly charts for corn and soybeans still pointed sideways
Chart Trend: Daily and weekly charts for corn and soybeans still pointed sideways

Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.

Weekly wheat export inspections impress
Weekly wheat export inspections impress

Corn inspections were more than halved compared with the week prior, with inspections coming up well short of expectations. Soybean inspections were also light and near the lower end of expectations.

Monday Morning Wake Up Call | August 9, 2021
Monday Morning Wake Up Call | August 9, 2021

Grain and soybeans favored the downside overnight although soybeans recovered on the open. Hog futures are under heavy pressure with cattle futures slightly lower.

Ahead of the Open | August 9, 2021
Ahead of the Open | August 9, 2021

Ahead of the Open | August 9, 2021 Grain, soybean futures mostly lower as trade awaits USDA Crop Production report.

First Thing Today | Aug. 9, 2021
First Thing Today | Aug. 9, 2021

Commodity trade keeping an eye on tumbling crude oil futures. Weekend rains lighter than expected for much of the western Corn Belt. Sanderson Farms announces $4.53 billion sale to Continental Grain.

UN Report: 'Code Red for Humanity'; Climate Change 'Unequivocal’
UN Report: 'Code Red for Humanity'; Climate Change 'Unequivocal’

Physical infrastructure on path to successful vote | Next up: Resolution, $3.5 trillion package

USDA Marks 7% Surge in Farm Real Estate
USDA Marks 7% Surge in Farm Real Estate

USDA's finds U.S. cropland values reach new high.

Friday Wrap-up | August 6, 2021
Friday Wrap-up | August 6, 2021

Editor Brian Grete and Davis Michaelsen discuss this week's market performance...

After the Bell | August 6, 2021
After the Bell | August 6, 2021

After the Bell | August 6, 2021 Grain, soybean futures end week on firm note with USDA expected to trim harvest outlook.