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Senate Reconciliation Package Top Senate Dem Leadership Goal
Senate Reconciliation Package Top Senate Dem Leadership Goal

Employment report on Friday top economic focus

After the Bell | July 29, 2022
After the Bell | July 29, 2022

Soybean futures post largest weekly gain in 23 years, corn also firmer, on concern over Midwest heat; wheat posts weekly gain.

Finance Committee Questions USTR Nominee | July 29, 2022
Finance Committee Questions USTR Nominee | July 29, 2022

Army worms march through China, Democrats may work through the weekend toward passing new spending and Ukraine awaits a UN go-ahead on exports...

Still Waiting on First Ukrainian Grain Shipment Since Paper Agreement
Still Waiting on First Ukrainian Grain Shipment Since Paper Agreement

Xi warns Biden not to ‘play with fire’ ahead of Pelosi’s potential Taiwan trip

Ahead of the Open | July 29, 2022
Ahead of the Open | July 29, 2022

Soybeans extend rally to four-week highs with Midwest heat expected to stress crops; corn, wheat also higher.

First Thing Today | July 29, 2022
First Thing Today | July 29, 2022

Soybean futures sharply extended this week’s price surge overnight amid forecasts calling for hot and dry conditions in early August. Corn and wheat also posted strong gains.

After the Bell | July 28, 2022
After the Bell | July 28, 2022

Soybeans futures surge to four-week high on impending Midwest heat wave; corn, wheat also firmer.

Market Watch | July 28, 2022
Market Watch | July 28, 2022

Farm diesel prices are falling but still 75% above year-ago.

Wuhan COVID Infections Flare | July 28, 2022
Wuhan COVID Infections Flare | July 28, 2022

Rains fell over the Corn Belt though traders are focused on forecast dryness, Manchin caves on spending package and spring wheat yields continue to impress...

drought
Drought footprint largely unchanged but conditions intensified in key areas

As of July 26, 68% of the U.S. was experiencing abnormal dryness/drought, down one percentage point from the previous week, but flash drought intensified over parts of the Great Plains, Ozarks, and Mississippi Valley.

Manchin in Major Reversal Agrees to Climate, Health Care and Tax Package
Manchin in Major Reversal Agrees to Climate, Health Care and Tax Package

GDP fell 0.9% in 2Q, second straight decline and a strong recession signal

Ahead of the Open | July 28, 2022
Ahead of the Open | July 28, 2022

Soybean futures climb to two-week high, corn firmer, on hot Midwest forecast; wheat also higher.

New crop soybean sales soar above top end expectations by nearly 250,000 MT
New crop soybean sales soar above top end expectations by nearly 250,000 MT

Weekly export sales this morning for week ended July 21 revealed a continued theme of sluggish new-crop corn and old-crop soybean sales. New crop soybean sales were the bright spot; well above expectations.

First Thing Today | July 28, 2022
First Thing Today | July 28, 2022

Corn and soybean futures were supported by followthrough buying overnight amid forecasts calling for hot and dry conditions next week, while wheat rebounded from Wednesday’s losses.

Reconciliation Agreement Includes Climate-Smart Ag, & SAF Incentive Provisions
Reconciliation Agreement Includes Climate-Smart Ag, & SAF Incentive Provisions

$20 bil. to support climate-smart ag practices; SAF tax credit of $1.25/gallon

Surprise: Possible Climate/Tax/Health Care Reconciliation Measure After All
Surprise: Possible Climate/Tax/Health Care Reconciliation Measure After All

Hurdles remain, including Sen. Sinema’s position and House Democrats

Midweek Cash Markets | July 27, 2022
Midweek Cash Markets | July 27, 2022

Cash soybean prices posted a big gain over the past week.

Bank
Fed opts for 75-basis point increase

Potential impacts of higher interest rates on farmland values and cash rents.

After the Bell | July 27, 2022
After the Bell | July 27, 2022

Soybean futures climb near four-week high on concern Midwest heat may curb yields; corn firm, wheat lower.

Scouts Find Solid N.D. Spring Wheat Crop | July 27, 2022
Scouts Find Solid N.D. Spring Wheat Crop | July 27, 2022

China rejects accusations of espionage, Biden will speak with Xi Jinping and Union Rail workers report they remain 'far apart' in negotiations...

Fed Decision Day: Take a Hike, but Then What?
Fed Decision Day: Take a Hike, but Then What?

British intelligence: ‘Russia almost certainly perceives anti-ship missiles as a key threat’

Ahead of the Open | July 27, 2022
Ahead of the Open | July 27, 2022

Soybeans climb to two-week high overnight, corn firmer on Midwest heat concern; wheat mixed.

First Thing Today | July 27, 2022
First Thing Today | July 27, 2022

Grain and soybean futures posted two-sided trade overnight but are higher and trading near session highs this morning.

After the Bell | July 26, 2022
After the Bell | July 26, 2022

Corn, soybeans rally as USDA crop ratings slip, Midwest heat expected to return; wheat higher on Ukraine concern.

China Accused of Espionage at the Fed | July 26, 2022
China Accused of Espionage at the Fed | July 26, 2022

Crop consultant trims U.S. corn and soybean yield estimates, truckers halt protests and China embarks on mega-tunnel water project...

Grassley Pushing SAF Tax Incentive and Biodiesel Tax Incentive Extension in Year-End Package
Grassley Pushing SAF Tax Incentive and Biodiesel Tax Incentive Extension in Year-End Package

IMF slashes global GDP forecast as economic outlook grows 'gloomy and more uncertain’

Ahead of the Open | July 26, 2022
Ahead of the Open | July 26, 2022

Corn, soybeans gap higher overnight, surge after larger than expected crop ratings drop; wheat stronger.

First Thing Today | July 26, 2022
First Thing Today | July 26, 2022

Corn and soybean futures gapped higher overnight after USDA’s crop condition ratings dropped more than expected. Wheat futures followed to the upside.

Heat takes bite out of corn, soybean and spring wheat crop condition ratings
Heat takes bite out of corn, soybean and spring wheat crop condition ratings

Corn and soybean CCI ratings are below their respective five-year averages, while the spring wheat rating is still well above its average for the date.

After the Bell | July 25, 2022
After the Bell | July 25, 2022

Grain, soybean futures gain on concern over Ukraine shipments, return of Midwest heat next week.

USDA Again Boosts Food Price Inflation Forecasts
USDA Again Boosts Food Price Inflation Forecasts

USDA sees higher prices for 2023, but rate of increase to significantly decline

Export inspections continue to lag behind last year’s levels
Export inspections continue to lag behind last year’s levels

Export inspections for week ended July 21, 2022 were within estimated ranges for corn, soybeans and wheat, however the current year's pace continue to fall behind last year.

Monday Morning Wake Up Call | July 25, 2022
Monday Morning Wake Up Call | July 25, 2022

Grain futures are sharply higher to start the week. Cattle futures are under light pressure with lean hog futures under pressure despite gains in the cash market...

Ahead of the Open | July 25, 2022
Ahead of the Open | July 25, 2022

Grain futures expected higher on concern over Ukraine port attack, return of Midwest heat.

Ukraine Hopes First of Grain Shipments on Wednesday, But Others are Skeptical
Ukraine Hopes First of Grain Shipments on Wednesday, But Others are Skeptical

Yellen insists recession is avoidable as White House downplays GDP report Thursday

First Thing Today | July 25, 2022
First Thing Today | July 25, 2022

Grain and soy futures firmed overnight amid concerns about the deal to restart Ukraine’s grain exports and forecasts calling for a return of heat and dryness after some temporary relief.

Senators to Receive Classified Briefing on Ukraine Wednesday | ‘Paper Agreement’ Update
Senators to Receive Classified Briefing on Ukraine Wednesday | ‘Paper Agreement’ Update

IMF update Tuesday, FOMC rate hike Wed., GDP report Thursday

Cattle report data mostly neutral
Cattle report data mostly neutral

USDA’s Cattle Inventory Report showed the U.S. cattle herd contracted 2.0% as of July 1. The Cattle on Feed Report showed the July 1 feedlot inventory up 0.4% from year-ago.

Meat
Cold Storage Report: Record June beef stocks

While record June beef stocks could imply sluggish demand, it may also be related to facilities building inventories due to ongoing strong exports. Pork stocks declined less than average last month.

Friday Wrap Up | July 22, 2022
Friday Wrap Up | July 22, 2022

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

After the Bell | July 22, 2022
After the Bell | July 22, 2022

Corn futures sink to six-month low on outlook for crop-aiding rain, less heat; wheat plunges on Ukraine deal.

Ukraine to Sign Export Deal | July 22, 2022
Ukraine to Sign Export Deal | July 22, 2022

Russia agrees to not target grain shipment vessels, Huawei is once again under suspicion and foot and mouth disease detected in Australia...

Ahead of the Open | July 22, 2022
Ahead of the Open | July 22, 2022

Corn falls to six-month low overnight on favorable Midwest forecast; soybeans rebound, wheat lower.

First Thing Today | July 22, 2022
First Thing Today | July 22, 2022

Wheat futures faced heavy selling overnight, while corn extended this week’s sharp losses amid reports a deal to restart Ukrainian grain exports will be signed today.

bank-hastings
Banker Index Turns Negative

Bankers worry rising input costs may combine with declining commodity prices to strain rural America.

After the Bell | July 21, 2022
After the Bell | July 21, 2022

Soybean futures sink to six-month lows on prospects for rain relief in Midwest; corn, wheat also lower.