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U.S. Producer Prices Surge in August 2023, Led by Energy Costs
U.S. Producer Prices Surge in August 2023, Led by Energy Costs

ECB raises rates to all-time high | Diesel prices and availability concerns | UAW talks

Ahead of the Open | September 14, 2023
Ahead of the Open | September 14, 2023

Action was mixed overnight in grains but corn, soybeans and wheat each saw selling pressure into the break.

Weekly soybean sales continue at tepid pace
Weekly soybean sales continue at tepid pace

For week ended Sept. 7, USDA reported weekly soybean sales of 703,900 MT, 34.2% behind a year ago at this time. Weekly meal and oil sales notched net reductions during the week of 201,600 MT and 3,900 MT, respectively.

First Thing Today | September 14, 2023
First Thing Today | September 14, 2023

Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.

Market Watch | September 14, 2023
Market Watch | September 14, 2023

Sharp weekly decline in cash grain prices.

Midweek Cash Markets | September 13, 2023
Midweek Cash Markets | September 13, 2023

Soybean basis turns negative for the first time this year.

After the Bell | September 13, 2023
After the Bell | September 13, 2023

After the Bell | September 13, 2023 Corn, soybeans and wheat ended the session higher on corrective buying efforts following Tuesday's bearish reaction to USDA's September crop data.

Gasoline fuels consumer price rise  in August.
Gasoline fuels consumer price rise in August.

Despite the stronger consumer inflation data, Fed fund futures reflect increased odds the Fed will embark on an extended pause for interest rates.

Congress Struggles to Keep Government Funded | September 13, 2023
Congress Struggles to Keep Government Funded | September 13, 2023

France lowers wheat export forecast, USDA Secy Vilsack encourages biofuel production and the U.S. Dept of Labor eyes H-2A improvements...

Ahead of the Open | September 13, 2023
Ahead of the Open | September 13, 2023

Grains were mixed overnight, though all finished higher into the break. Wheat led the way higher amidst short covering.

First Thing Today | September 13, 2023
First Thing Today | September 13, 2023

Grain futures posted two-sided trade overnight, with corn and wheat favoring the upside and soybeans mildly weaker early this morning.

Focus Today on CPI Report
Focus Today on CPI Report

Oil rally continues | House impeachment inquiry | Kim & Putin begin talks | Vilsack on ethanol

After the Bell | September 12, 2023
After the Bell | September 12, 2023

After the Bell | September 12, 2023 USDA's September Crop Reports cast a negative tone across corn and soybeans, while wheat ended mildly positive after reaching fresh contract lows late-morning.

PF Report Reaction: Corn acreage increase more than offsets cut to yield
PF Report Reaction: Corn acreage increase more than offsets cut to yield

USDA cut its soybean crop estimate a little more than anticipated, while the cotton crop came in well below expectations.

Report snapshot: USDA raises corn production peg
Report snapshot: USDA raises corn production peg

In its September WASDE, USDA increased planted corn acres, offsetting the reduction in yield to 173.8 bu. per acre, down from 175.1 in August. Soybean planted acres rose slightly, while the yield was trimmed to 50.1 bpa.

USDA Crop Production Estimates, WASDE Released Today
USDA Crop Production Estimates, WASDE Released Today

Google vs Justice Dept.: Biggest antitrust trial of modern digital era lands in court today

China Raises Corn Import Forecast | September 12, 2023
China Raises Corn Import Forecast | September 12, 2023

USDA expected to cut production, Cordonnier trims soybean yield forecast and Russia says grain export deal is, 'on-hold'...

Ahead of the Open | September 12, 2023
Ahead of the Open | September 12, 2023

Grain bulls struggled to garner momentum overnight, though most trade is likely positioning ahead of today’s USDA reports.

First Thing Today | September 12, 2023
First Thing Today | September 12, 2023

Corn, soybeans and the winter wheat markets have turned weaker this morning after two-sided trade earlier in the overnight session.

Corn, soybean CCI ratings continue late-season slide
Corn, soybean CCI ratings continue late-season slide

Both crops continue to be rated under year-ago.

After the Bell | September 11, 2023
After the Bell | September 11, 2023

After the Bell | September 11, 2023 Corn and soybeans ended on a positive note ahead of USDA's September WASDE, with a weaker U.S. dollar lending support.

Weekly corn inspections outpace year-ago
Weekly corn inspections outpace year-ago

Weekly new-crop corn inspections have kicked the marketing year off ahead of last year at this time by over 4%, while soybean inspections lagged by over 21% in week ended Sept. 7.

Monday Morning Wake Up Call | September 11, 2023
Monday Morning Wake Up Call | September 11, 2023

Corn and soybean futures are slightly higher with wheat under moderate pressure. Cattle futures are mostly higher with feeder futures mixed and choppy. Lean hog futures are off to a solid start...

Ahead of the Open | September 11, 2023
Ahead of the Open | September 11, 2023

Corn and soybeans saw buying overnight, bringing both markets on technical resistance into the break. SRW futures made a new contract low overnight, with wheat futures falling across the board.

WSJ: Shift in Fed Officials' Rate Stance as Inflation Concerns Ease
WSJ: Shift in Fed Officials' Rate Stance as Inflation Concerns Ease

CCC in focus | UAW deadline Thursday | Yellen on U.S. economy | Sorghum outlook

Chart Trends | September 11, 2023
Chart Trends | September 11, 2023

Short-term trend in live cattle turns bullish.

First Thing Today | September 11, 2023
First Thing Today | September 11, 2023

Corn and soybean futures mildly favored the upside in light trade overnight, while wheat posted modest losses.

Key Issues for Congress: FY 2024 Approps | CR | Supplemental Spending | Farm Bill
Key Issues for Congress: FY 2024 Approps | CR | Supplemental Spending | Farm Bill

G20 leaders announce joint infrastructure agreement linking India with Middle East & Europe

After the Bell | September 8, 2023
After the Bell | September 8, 2023

After the Bell | September 8, 2023

Strong Soybean, Corn Sales to Open 2023-24
Strong Soybean, Corn Sales to Open 2023-24

Oil prices & inflation | China’s ag import strategy | STB proposes rule | Crop insurance

Ahead of the Open | September 8, 2023
Ahead of the Open | September 8, 2023

Muted volatility was seen across the grain markets overnight, which is likely to continue until Tuesday’s Crop Production report.

New crop weekly corn, soybean sales prove solid
New crop weekly corn, soybean sales prove solid

USDA reported weekly new-crop corn sales of 949,700 MT in week ended Aug. 31, which was near the top-end pre-report range, while soybean sales totaled 1.78 MMT. A fresh marketing year began Sept. 1.

First Thing Today | September 8, 2023
First Thing Today | September 8, 2023

Corn, soybean and wheat futures held in tight trading ranges during a quiet overnight session.

After the Bell | September 7, 2023
After the Bell | September 7, 2023

After the Bell | September 7, 2023

Market Watch | September 7, 2023
Market Watch | September 7, 2023

Our updated monthly and quarterly price forecasts.

Corn, Soybeans, Wheat Rangebound | September 7, 2023
Corn, Soybeans, Wheat Rangebound | September 7, 2023

Russian drone strikes damage port infrastructure, insurers eye revived Black Sea export deal and China's soybean imports fall month-on-month...

China Suspends Urea Exports Amid Surging Domestic Prices
China Suspends Urea Exports Amid Surging Domestic Prices

Farm bill and CCC Charter Act | S.D. regulators deny Navigator's CO2 pipeline application

Ahead of the Open | September 7, 2023
Ahead of the Open | September 7, 2023

Trading occurred both sides of unchanged overnight, but profit-taking was seen into the break as corn, beans and wheat are each lower.

First Thing Today | September 7, 2023
First Thing Today | September 7, 2023

Corn, soybeans and wheat held in tight trading ranges during a quiet, two-sided overnight session.

Midweek Cash Markets | September 6, 2023
Midweek Cash Markets | September 6, 2023

Corn and soybean basis drops sharply as harvest gets an early start in some areas.

After the Bell | September 6, 2023
After the Bell | September 6, 2023

After the Bell | September 6, 2023 Global supply uncertainty led the grain and soy complexes mostly higher, though persisting U.S. dollar strength cast a shadow over corn futures amid weak export demand.

Crop Conditions Crumble | September 6, 2023
Crop Conditions Crumble | September 6, 2023

August sets heat records, Mexico corn imports surge and pork bellies rocket higher...

Report: World Experienced Hottest Summer on Record
Report: World Experienced Hottest Summer on Record

Diesel prices rising faster than regular gas as crude oil markets signal more increases coming

Ahead of the Open | September 6, 2023
Ahead of the Open | September 6, 2023

Buying was seen across the grain markets overnight, follow-through buying after the break will be key in determining if buying is just a corrective bounce or if an interim low could be in place.

First Thing Today | September 6, 2023
First Thing Today | September 6, 2023

Corn and soybeans were supported by deteriorating crop condition ratings during overnight trade, while wheat also traded higher.

Corn, soybean CCI ratings deteriorate
Corn, soybean CCI ratings deteriorate

Illinois led the ratings declines, though most of the top production states dropped.

After the Bell | September 5, 2023
After the Bell | September 5, 2023

After the Bell | September 5, 2023

Corn, wheat inspections fade on the week
Corn, wheat inspections fade on the week

USDA's Weekly Export Inspections data was within pre-report estimates, though corn and wheat inspections fell notably on the week, while soybean inspections rose slightly.

Farmer sentiment declines amid weaker view of current conditions
Farmer sentiment declines amid weaker view of current conditions

The Current Conditions Index fell 10.7% in August, while the Future Expectations Index declined 4.0%. The overall ag barometer was 1.7% lower than August 2022.