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Export sales of corn were light, as expected, but old-crop sales did manage to stay in positive territory. Wheat sales were also near the lower end of expectations. Total soybean sales fell short of 72,000 MT.

Hot, stormy weather is expected for the Midwest, pressuring grain and soy futures. A bipartisan infrastructure plan gains support. And Biden and Putin agree to disagree at their summit yesterday.

Boxed beef, pork cutout values rolling over.

After the Bell | June 16, 2021 Crop-friendly weather outlook sends soybean futures to seven-week lows, hogs down daily limit.

The Fed cited an improving economy and dropped its longstanding reference that the Covid-19 pandemic was weighing on the economy.

USDA to offer aid if the pork markets are impacted by line speed case.

Fed officials may indicate they are eyeing an interest rate increase sooner than expected, President Biden is to meet with Vladimir Putin today and China reports its pig herd surged in May...

Investors wait for FOMC statement and chairman presser | Biden meets with Putin

Ahead of the Open | June 16, 2021 Soybean futures sink near 3-week low with milder weather ahead for Midwest, cattle supported by cash market strength.   

Some buying returned to grain futures overnight. Markets will zero in on the Fed today and whether it bumps up its timeline for higher interest rates. Meanwhile, China is reporting its sow herd is near pre-ASF levels.

After the Bell | June 15, 2021 Corn, soybeans extend slide on crop-favoring weather outlook, cattle surge on strong cash.

USDA announced today it will expand the Clean Lakes, Estuaries, And Rivers initiative, called CLEAR30, from a pilot program to a nationwide program.

Members of the National Oilseed Processors Association crushed 163.52 million bu. of soybeans during May, marking the fourth month in a row processing has fallen short of expectations.

Sen. Boozman blasts Biden’s tax proposals impact on ag sector

Corn and soybean CCI ratings came in below 5-year averages, the U.S. and E.U. announce trade truce and a House Subcommittee will discuss shipping snags...

Ahead of the Open | June 15 Grain and soybean futures extend declines as forecast rains expected to aid dry Midwest.

The cooler forecast is pressuring grain and soy futures, despite some lower than expected crop condition ratings. NOPA will update the May crush today. And a truce has been reached on the U.S./EU aircraft dispute.

Hot, dry weather in the Upper Midwest and Western Corn Belt drew down corn and soybean ratings, with too much moisture slowing winter wheat harvest. Find more highlights from today's crop progress and condition update.

Corn, soybean and spring wheat CCI ratings are all below their respective five-year averages for this point in the growing season.

After the Bell | June 14, 2021 Midwest rains and cooler outlook send grain, soybean futures tumbling, but crop ratings lower than expected.

USDA upped the ante this year by providing greater incentives like higher rental payments as part of the Biden administration’s all-of-government approach to tackling climate change.

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

Wheat inspections were near the upper end of expectations and last week’s tally was revised 75,091 MT higher versus what was initially reported. Soybean inspections, on the other hand, were even lighter than expected.

Grain and soy futures are under hefty pressure on improved rain chances in the coming weeks. Feeder cattle futures are sharply higher with fat cattle near unchanged. Lean hog futures are under pressure.

Grains, soybeans down sharply as Midwest rains ease dryness concerns.

Will Fed alter its interest-rate hike timeline in Wednesday FOMC statement?

Will Fed alter its interest-rate hike timeline in Wednesday FOMC statement?

Rains for the dry Northern Plains and western Corn Belt are expected to be erratic the next two weeks, with warm temperatures likely to persist. Nevertheless, grain and soy futures are under heavy pressure.

Vilsack appears Tuesday before Senate panel and will get lots of questions

Editor Brian Grete and Davis Michaelsen discuss market declines into the weekend and this week's S&D reports...

Private analytics firm IHS Markit trimmed its 2021 U.S. corn planted acreage estimate by 310,000, dropping it to 96.54 million acres, which is still above most private forecasts.

Fully funds QLA; second half WHIP+ for 2019 of 40% brings total payment to 90%

There's no need to wait for the mail. Download this week's issue of the Pro Farmer newsletter here.

Biden explores ways to relieve refiners of RFS blending requirements, the U.S. Budget deficit has risen sharply and a bipartisan group of senators find consensus on an infrastructure proposal...

Ahead of the Open Wheat futures expected lower on N. Plains rainfall, corn, soybeans lower with all eyes on weather.

RFS changes pushed to aid refiners | Senate’s latest infrastructure proposal

Delaware lawmakers are pressing EPA to ease refiners’ blending obligations. A bipartisan group of Senators delivered a new infrastructure proposal. And NCBA wants USDA to scrap "Product of the USA labels."

After the Bell | June 10, 2021 Weather worries continue lifting corn, soybean futures, cattle modestly higher.

Cash corn price slip, cash soybean prices rise.

Conab now estimates Brazil's total corn crop at 69.96 MMT. That compares to USDA at 98.5 MMT.

The Dakotas saw a mix of drought improvement and drought degradation, but today's update didn't fully account for this week's rains.

So far, market reaction to the data has been fairly subdued.

Cotton and wheat carryover also came in lighter than expected.

USDA will release its June S&D balance sheets today, Biden tells military personnel coronavirus and climate change are among the greatest threats and El Salvador approves bitcoin as legal currency...

Corn, soybean expected to climb on dry weather as trade awaits USDA data

NPPC’s agenda | EPA water rule | Inflation report today | China and climate change

Memorial Day coincided with the reporting period, which may have limited business to some degree.

More rain is coming for the Northern Plains. Weather will share the spotlight with USDA's June S&D and Crop Production Reports. JBS announces it did pay $11 million in ransom.

After the Bell | June 9, 2021 Grain, soybean futures mostly lower, awaiting fresh USDA numbers.

Confirming ag sector fears, the EPA announced today it plans to roll back the Trump Administration's Navigable Waters Protection Rule and revise the definition of U.S. waterways that can be regulated.