Latest From News

First Thing Today | July 15, 2022
First Thing Today | July 15, 2022

Modest corrective buying was seen in the corn, soybean and wheat markets overnight as traders continued to monitor weather and macroeconomics.

Market Watch | July 14, 2022
Market Watch | July 14, 2022

Cash diesel price under $5

After the Bell | July 14, 2022
After the Bell | July 14, 2022

Corn, soymeal hold strength into the close, soybeans, soy oil, and wheat end lower.

drought
Drought area mildly shrinks

As of July 12, 69% of the U.S. was experiencing abnormal dryness/drought, according to the U.S. Drought Monitor, down one percentage point from the previous week.

Rail Workers Threaten Strike | July 14, 2022
Rail Workers Threaten Strike | July 14, 2022

European Commission raises EU inflation forecast, Brazilian company wins approval to export pork to Canada and the pork cutout taps a new high...

Hot Inflation Reports Up Odds Fed Will Boost Rates 100 Basis Points
Hot Inflation Reports Up Odds Fed Will Boost Rates 100 Basis Points

Resuming Ukrainian grain exports faces several hurdles, including what Putin says

Ahead of the Open | July 14, 2022
Ahead of the Open | July 14, 2022

Corn and wheat are expected to open firmer based on late strength overnight but buying may be limited given negative outside markets.

Wheat exports much larger than expected at over 1 MMT
Wheat exports much larger than expected at over 1 MMT

Export sales for the week ended July 8, 2022, shows larger than expected wheat exports, with soybeans falling short of expectations.

First Thing Today | July 14, 2022
First Thing Today | July 14, 2022

Overnight price action was two-sided and relatively quiet, though corn, soybeans and winter wheat all lower and near session lows this morning.

Midweek Cash Markets | July 13, 2022
Midweek Cash Markets | July 13, 2022

Corn and soybean basis are both well above their respective three-year averages.

After the Bell | July 13, 2022
After the Bell | July 13, 2022

Corn, soybeans attempt to add weather premium, wheat trades lower for third consecutive trading session.

Ukraine Grain Export Talks Continue | July 13, 2022
Ukraine Grain Export Talks Continue | July 13, 2022

IMF cuts U.S. GDP growth forecast, USDA announces counties eligible for double-crop insurance opportunities and strong beef movement suggests near-term cash market strength...

Inflation in June Soared 9.1% Higher Vs Last Year on Rising Gas Prices
Inflation in June Soared 9.1% Higher Vs Last Year on Rising Gas Prices

Russian, Ukrainian militaries again set to discuss grain exports amid murky outlook

Ahead of the Open | July 13, 2022
Ahead of the Open | July 13, 2022

There was two-sided trade in grain and soy markets overnight, though outside markets have turned negative this morning.

First Thing Today | July 13, 2022
First Thing Today | July 13, 2022

Two-sided trade was seen in the grain and soy markets overnight, with corn and wheat firmer this morning while soybeans is modestly weaker.

1956 U.S. weather revisited – July still following the trend
1956 U.S. weather revisited – July still following the trend

World Weather Inc. says 2022 is closely tracking 1956, which turned into a good year for crops with some record yields despite hot, dry weather in the Plains and western areas of the Midwest.

After the Bell | July 12, 2022
After the Bell | July 12, 2022

After the Bell July 12, 2022

PF Report Reaction: July crop reports lack bullish surprises
PF Report Reaction: July crop reports lack bullish surprises

USDA's corn, soybean and wheat ending stocks forecasts topped pre-report expectations, as did the U.S. all-wheat crop estimate.

Grain Pile
July WASDE snapshot

Markets continue downward trade on upward revisions in July WASDE.

Energy Woes May Intesify | July 12, 2022
Energy Woes May Intesify | July 12, 2022

The Euro reaches parity with the greenback, USDA will release key supply data today and the West makes plans to cap Russian oil export prices...

Euro Hits Parity Against U.S. Dollar for First Time in 20 Years
Euro Hits Parity Against U.S. Dollar for First Time in 20 Years

House Ag panel leaders want online feedback about 2018 Farm Bill and new farm bill

Ahead of the Open | July 12, 2022
Ahead of the Open | July 12, 2022

Grain/soy futures expected to open daytime trade sharply lower on followthrough from heavy selling overnight and negative outside markets.

First Thing Today | July 12, 2022
First Thing Today | July 12, 2022

Corn, soybean and wheat futures faced heavy pressure overnight after initially trying to work to the upside.

Corn, soybean and spring wheat CCI ratings improve
Corn, soybean and spring wheat CCI ratings improve

The corn and soybean crops posted modest gains, while spring wheat improved notably.

After the Bell | July 11, 2022
After the Bell | July 11, 2022

Outside markets influenced grain and livestock markets to varying degrees in volatile trade to open the week.

Corn, wheat export inspections in line with expectations
Corn, wheat export inspections in line with expectations

Soybean export inspections fell shy of expectations.

Monday Morning Wake Up Call | July 11, 2022
Monday Morning Wake Up Call | July 11, 2022

Grain and soy markets gapped higher overnight but fell from overnight highs at the open of the day session. Cattle futures are lower with feeders leading losses as lean hogs firm slightly...

USDA's July crop reports out Tuesday
USDA's July crop reports out Tuesday

USDA will update balance sheets to reflect June 1 stocks and its new-crop planted acreage estimates. USDA will also release its first all-wheat production estimate.

Chart Trends | July 11, 2022
Chart Trends | July 11, 2022

Short-term trends turn sideways for corn and soybeans.

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

Followthrough from strong overnight gains in grain/soy futures. Cattle and hogs also expected to open higher. Outside markets could curb buying in grain/livestock markets.

U.S. Reaches EV Tipping Point: 5% of New Car Sales Are Electric
U.S. Reaches EV Tipping Point: 5% of New Car Sales Are Electric

President Biden: No decision yet on rolling back China import tariffs

First Thing Today | July 11, 2022
First Thing Today | July 11, 2022

Corn, soybean and wheat futures gapped sharply higher at the start of overnight trade. While prices remain sharply higher, futures are trading low range this morning.

June CPI Report Wednesday Could be Hotter than 8.6% Reading in May
June CPI Report Wednesday Could be Hotter than 8.6% Reading in May

U.S. tariffs on China | Biden to Mideast | Legislative push on must-have items

After the Bell | July 8, 2022
After the Bell | July 8, 2022

Grain markets roar back from sharp post-holiday losses, corn, soybeans post weekly gains amid Midwest drier forecast.

Euro Nears Parity With Greenback | July 8, 2022
Euro Nears Parity With Greenback | July 8, 2022

Indonesia will increase palm oil in bio-diesel, Biden will discuss China tariffs with advisers and the U.N. reports Global food price decline...

Ahead of the Open | July 8, 2022
Ahead of the Open | July 8, 2022

Wheat futures climb to highs for week; corn, soybeans expected firmer on Midwest dryness.

Former Prime Minister Shinzo Abe Killed at Campaign Event for LDP
Former Prime Minister Shinzo Abe Killed at Campaign Event for LDP

Payrolls increased 372,000 in June, more than expected | Biden to head China tariff meeting

Dismal exports continue
Dismal exports continue

USDA Weekly Export Sales Report Week Ended June 30, 2022.

First Thing Today | July 8, 2022
First Thing Today | July 8, 2022

Corn and wheat futures built on Thursday’s strong corrective gains during overnight trade. Soybeans traded higher initially but failed to sustain the firmer tone.

After the Bell | July 7, 2022
After the Bell | July 7, 2022

Wheat futures jump sharply to lead grains, soy complex higher as markets continue corrective bounce from recent slump.

Market Watch | July 7, 2022
Market Watch | July 7, 2022

Cash prices for corn, soybeans and wheat plunged over the past week.

drought
Drought footprint expands

USDA estimates the drought footprint at 29% for corn (up six points from last week), 22% for soybeans (up seven points), 19% for spring wheat (unchanged) and 68% for cotton (up seven points).

Boris Johnson Resigns, But Remains U.K. PM Until Successor Named
Boris Johnson Resigns, But Remains U.K. PM Until Successor Named

Dem leaders make progress on another reconciliation package

Ukraine Accuses Russia of Grain Theft | July 7, 2022
Ukraine Accuses Russia of Grain Theft | July 7, 2022

Shanghai citizens subject to mass COVID testing, copper falls to lowest price since late 2020 and the Treasury Department investigates insurer's exposure to climate risk...

Ahead of the Open | July 7, 2022
Ahead of the Open | July 7, 2022

Grain, soybean futures expected higher after surging overnight amid corrective buying.

First Thing Today | July 7, 2022
First Thing Today | July 7, 2022

Corn, soybean and wheat futures traded sharply higher overnight as markets rebounded from recent hefty losses.

Midweek Cash Markets | July 6, 2022
Midweek Cash Markets | July 6, 2022

Corn and soybean basis remains well above average, though cash prices plunged.

After the Bell | July 6, 2022
After the Bell | July 6, 2022

Corn, soybean futures rebound from initial drop to multi-month lows; wheat futures extend slide.

Schumer Sends Some Reconciliation Text to Parliamentarian; Talks Continue on Package
Schumer Sends Some Reconciliation Text to Parliamentarian; Talks Continue on Package

Waiting for Godot? U.S. to press India on subsidies for rice and wheat