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Eurozone Inflation Rushes Higher | July 1, 2022
Eurozone Inflation Rushes Higher | July 1, 2022

Port worker Union contract set to expire tonight, Atlanta Fed predicts Q2 GDP contraction and China's hog herd continues to shrink...

SCOTUS Ruling Could Push Dems to Approve Another Reconciliation Package
SCOTUS Ruling Could Push Dems to Approve Another Reconciliation Package

Rail shipment woes get ag sector attention | Dockworker contract expires late today

Ahead of the Open | July 1, 2022
Ahead of the Open | July 1, 2022

New-crop corn expected firmer after falling near four-month low; wheat firmer, soybeans under pressure.

First Thing Today | July 1, 2022
First Thing Today | July 1, 2022

Corn and wheat futures worked mildly higher overnight following Thursday’s sharp losses. Soybeans extended yesterday’s sharp loses.

Market Watch | June 30, 2022
Market Watch | June 30, 2022

Our updated monthly and quarterly price forecasts.

After the Bell | June 30, 2022
After the Bell | June 30, 2022

December corn sinks to four-month low after USDA raises acreage estimate; soybeans, wheat also lower.

USDA Report Reaction - Soybean plantings estimate sharply below expectations at 88.325 million acres
USDA Report Reaction - Soybean plantings estimate sharply below expectations at 88.325 million acres

Estimated corn plantings raised more than expected to 89.92 million ac., all wheat acres also above expectations.

U.S. Export Sales Activity to China Slows
U.S. Export Sales Activity to China Slows

Global demand for biofuels to slow in decade ahead: report

Ahead of the Open | June 30, 2022
Ahead of the Open | June 30, 2022

New-crop corn slips near three-month low, soybeans and wheat also lower ahead of USDA reports.

First Thing Today | June 30, 2022
First Thing Today | June 30, 2022

Corn and wheat futures (aside from HRW) extended Wednesday’s losses overnight, while soybeans pulled back from recent gains.

U.S. hog herd continues to contract with no signs of expansion
U.S. hog herd continues to contract with no signs of expansion

USDA’s Hogs & Pigs Report estimated the U.S. hog herd at 72.5 million head as of June 1, down 629,000 head (0.9%) from year-ago.

U.S. pork producers continued herd contraction - USDA
U.S. pork producers continued herd contraction - USDA

Pigs kept for breeding down slightly less than analysts expected.

After the Bell | June 29, 2022
After the Bell | June 29, 2022

New-crop soybeans extend rally as USDA expected to lower plantings estimate; corn and wheat mixed.

AFBF Confirms Picnic Price Rise | June 29, 2022
AFBF Confirms Picnic Price Rise | June 29, 2022

Turkey votes to allow Sweden and Finland to join NATO, Biden White House wants more GHG data and today's H&P Report is expected to show herd contraction...

GDP Estimate for Q1 Contracted More Than Expected, Setting Stage for Potential Recession
GDP Estimate for Q1 Contracted More Than Expected, Setting Stage for Potential Recession

Farm bill listening session highlights need for grain producer margin coverage, CCC watch

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

Winter wheat futures firmer on signs of better demand; corn, soybeans firmer ahead of USDA reports.

First Thing Today | June 29, 2022
First Thing Today | June 29, 2022

The corn, soybean and winter wheat markets built on Tuesday’s strong gains overnight, while spring wheat firmed after small losses yesterday.

After the Bell | June 28, 2022
After the Bell | June 28, 2022

Soybean futures surge, corn also stronger as weekly USDA crop ratings erode; winter wheat firmer.

China Eases Quarantine for Overseas Arrivals Based on ‘Lessons Learned’
China Eases Quarantine for Overseas Arrivals Based on ‘Lessons Learned’

Growth Energy sues EPA over ‘alternative’ approach to small refinery RFS compliance

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

Corn, soybean futures expected firmer after disappointing USDA crop ratings; wheat also higher.

First Thing Today | June 28, 2022
First Thing Today | June 28, 2022

Corn and wheat futures posted strong gains on corrective buying overnight, while soybeans sharply extended Monday’s gains.

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

The corn CCI rating is now below the five-year average for the first time this year. The soybean and spring wheat ratings remain above average.

After the Bell | June 27, 2022
After the Bell | June 27, 2022

New-crop corn tumbles to three-month low on Midwest rains, favorable weather; wheat off sharply, soybeans firmer.

Monday Morning Wake Up Call | June 27, 2022
Monday Morning Wake Up Call | June 27, 2022

Grain and soy futures open the week under pressure with cattle futures higher and hog futures mixed to mostly higher.

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

Corn futures expected lower on Midwest rainfall, break from June heat; soybeans, wheat firmer.

Shipping Containers Piling Up Again at Major Freight Hubs
Shipping Containers Piling Up Again at Major Freight Hubs

Key USDA reports Thursday: Grain Stocks, Acreage

First Thing Today | June 27, 2022
First Thing Today | June 27, 2022

Corn futures traded lower throughout the overnight session, while soybeans and wheat rebounded from initial losses.

USDA's Cattle on Feed report shows larger than expected drop in placements
USDA's Cattle on Feed report shows larger than expected drop in placements

June 1 inventories up 1.2% from year-earlier, lower than projected.

After the Bell | June 24, 2022
After the Bell | June 24, 2022

Corn, soybeans firmer but still down sharply for week on milder weather outlook; wheat drops near four-month lows.

Your Pro Farmer Newsletter (June 24, 2022) is now available
Your Pro Farmer Newsletter (June 24, 2022) is now available

Recessionary fears are building, which triggered heavy long liquidation in commodities last week.

Mortgage Rates Continue Higher | June 24, 2022
Mortgage Rates Continue Higher | June 24, 2022

A Fed stress test indicates Wall Street is prepared to handle a major recession, Dems urge Biden to limit crude exports and beef stocks decline less than normal...

Some Senate Dems to Biden: Consider Curbing U.S. Crude Oil Exports
Some Senate Dems to Biden: Consider Curbing U.S. Crude Oil Exports

North Dakota focusing on big farmland buy of group affiliated with Bill Gates

First Thing Today | June 24, 2022
First Thing Today | June 24, 2022

Grain futures rebound from sharp losses, big banks pass Fed stress tests, U.S. beef supplies up sharply.

Ahead of the Open | June 24, 2022
Ahead of the Open | June 24, 2022

Grain, soybean futures expected firmer in corrective bounce but still down sharply for the week.

Meat
Record May frozen beef stocks

USDA's Cold Storage Report signaled demand is not keeping pace with supplies amid near-record retail prices.

After the Bell | June 23, 2022
After the Bell | June 23, 2022

December corn tumbles to three-month low on milder Midwest outlook, recession concern; beans and wheat also down sharply.

Market Watch | June 23, 2022
Market Watch | June 23, 2022

Cash wheat prices plunge.

Canadian Inflation Accelerates | June 23, 2022
Canadian Inflation Accelerates | June 23, 2022

Fed Chair Powell warns Fed's efforts to thwart inflation could trigger recession, U.N. working to facilitate Russian fertilizer exports and pork packers are cutting in the red...

Ahead of the Open | June 23, 2022
Ahead of the Open | June 23, 2022

New-crop corn drops near three-month low on improving weather, soybeans and wheat also lower.

Russian Forces Targeted At Least Two Large Grain Terminals
Russian Forces Targeted At Least Two Large Grain Terminals

Powell: Higher interest rates could cause a recession

First Thing Today | June 23, 2022
First Thing Today | June 23, 2022

Mounting recessionary concerns triggered heavy liquidation pressure in the grain and soy markets overnight.

Powell: Fed ‘strongly committed’ to reining in inflation
Powell: Fed ‘strongly committed’ to reining in inflation

But he acknowledged that a recession was 'certainly a possibility' given the global situation. Recessionary fears are building with economists.

Midweek Cash Markets | June 22, 2022
Midweek Cash Markets | June 22, 2022

Soybean basis continues its recent decline.

After the Bell | June 22, 2022
After the Bell | June 22, 2022

New-crop soybeans drop to six-week low on outlook for milder Midwest weather; wheat lower amid harvest pressure.

Gasoline Demand Beginning to Cool | June 22, 2022
Gasoline Demand Beginning to Cool | June 22, 2022

President Biden to call on congress to suspend gasoline and diesel taxes, shipping prices begin to ease and the Senate Ag Committee will vote on two key livestock bills...

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

New-crop soybeans fall to five-week low on improving weather outlook; wheat firmer in corrective bounce.

Biden to Call on Congress to Suspend Gas and Diesel Tax for Three Months
Biden to Call on Congress to Suspend Gas and Diesel Tax for Three Months

Grassley says votes in place in Senate Ag panel and full Senate for livestock bills

First Thing Today | June 22, 2022
First Thing Today | June 22, 2022

Wheat was supported by corrective buying overnight though futures are well off the highs this morning. Soybeans faced active followthrough selling, while corn was modestly lower.

Corn, soybean CCI ratings decline, spring wheat improves
Corn, soybean CCI ratings decline, spring wheat improves

The CCI ratings for all three crops are above the respective five-year averages for the date.