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First Thing Today | June 2, 2022
First Thing Today | June 2, 2022

Corn and wheat futures posted corrective gains overnight after sharp losses Wednesday, while soybeans built on yesterday’s gains.

Bank
Beige Book: Continued economic growth, but labor and inflation are concerns

Fed banks highlight economic conditions, including for the ag sector.

Midweek Cash Markets | June 1, 2022
Midweek Cash Markets | June 1, 2022

Soybean basis remains well above average.

After the Bell | June 1, 2022
After the Bell | June 1, 2022

Corn futures plunge to nine-week lows as planting nears completion; wheat extends slump on hopes for Ukraine shipments.

Corn & Soybean Planting Progress Surges | June 1, 2022
Corn & Soybean Planting Progress Surges | June 1, 2022

Pope Francis weighs in on grain exports, China's PMI continues to sag and wholesale meat trade hints at strong Memorial Day clearance...

In Biden Reversal, U.S. Will Send Advanced Rocket Systems to Ukraine
In Biden Reversal, U.S. Will Send Advanced Rocket Systems to Ukraine

Vilsack to detail over $2 billion in funding to transform U.S. food system

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

Wheat futures expected firmer as trade eyes prospect for Ukraine shipments; corn, soybeans firmer.

First Thing Today | June 1, 2022
First Thing Today | June 1, 2022

Two-sided trade was seen overnight, with wheat and soybeans firmer amid corrective buying this morning, while corn is trading just below unchanged.

Limited change in winter wheat CCI ratings as the growing season winds down
Limited change in winter wheat CCI ratings as the growing season winds down

HRW crop is still rated well below its five-year average, while the SRW crop is slightly above normal.

After the Bell | May 31, 2022
After the Bell | May 31, 2022

Winter wheat futures tumble to four-week lows on potential for Ukraine supplies; corn drops to four-week low.

Corn, soybean export inspections fall from previous week
Corn, soybean export inspections fall from previous week

Corn inspections were near the middle of expectations, while soybean inspections were at the lower end of what traders anticipated.

Monday Morning Wake Up Call | May 31, 2022
Monday Morning Wake Up Call | May 31, 2022

Wheat and corn futures are under heavy pressure coming out of the holiday weekend amid reports Russia will work with Turkey to facilitate Ukrainian grain exports.

EU’s Russian-Oil Embargo Dubbed ‘More Bark Than Bite’
EU’s Russian-Oil Embargo Dubbed ‘More Bark Than Bite’

Can China’s economic stats be trusted? WSJ blasts Biden on not helping Ukraine enough

Ahead of the Open | May 31, 2022
Ahead of the Open | May 31, 2022

Wheat futures down sharply on prospects for Ukraine supplies; soybeans climb to contract highs.

Chart Trends | May 31, 2022
Chart Trends | May 31, 2022

Short-term trend turns up for hog futures.

First Thing Today | May 31, 2022
First Thing Today | May 31, 2022

Wheat futures faced heavy pressure coming out of the extended weekend, which pulled corn lower. Soybeans were firmer overnight.

Decision Time for EPA on RFS This Week
Decision Time for EPA on RFS This Week

With Congress out, focus on reports, EU meeting, Russia gains in war with Ukraine

Friday Wrap Up | May 27, 2022
Friday Wrap Up | May 27, 2022

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

After the Bell | May 27, 2022
After the Bell | May 27, 2022

Corn, wheat futures end higher ahead of long holiday weekend as weather remains concern, soybeans mixed.

China Holds Emergency Meeting on Economy
China Holds Emergency Meeting on Economy

India mulls ban on rice exports | Vilsack at Senate hearing | $10,000 student debt forgiveness?

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

Soybeans seen slightly lower after push near five-week highs; corn, wheat mixed ahead of holiday weekend.

First Thing Today | May 27, 2022
First Thing Today | May 27, 2022

Trading ranges were much tighter overnight than recent days in corn, soybean and wheat futures.

Vilsack addresses key topics in Senate Ag hearing
Vilsack addresses key topics in Senate Ag hearing

USDA Secretary Tom Vilsack at Thursday’s Senate Ag Committee hearing discussed a wide array of topics critical to the ag sector and impacts to farmers.

After the Bell | May 26, 2022
After the Bell | May 26, 2022

Corn falls to six-week low on lackluster exports, favorable weather; soybeans rally on concern over delays in northern Midwest.

drought
Drought footprint shrinks a little more in HRW areas

Recent rains have eased drought in the Southern and Central Plains, but the relief is too late for much of the crop.

Market Watch | May 26, 2022
Market Watch | May 26, 2022

Cash wheat prices fall sharply but still well above year-ago.

CRP Changes Show How Much Biden/White House Worried About Food Prices
CRP Changes Show How Much Biden/White House Worried About Food Prices

Impact of voluntary changes may not be significant

USDA Announces CRP Changes
USDA Announces CRP Changes

USDA to allow producers to request voluntary termination of CRP

USDA Encourages New Meat Processing Capacity | May 26, 2022
USDA Encourages New Meat Processing Capacity | May 26, 2022

Chinese Premiere highlights sagging economy, Russia blames the West for Ukrainian shipping woes and Secretary of State Blinken will deliver remarks today...

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

Ahead of the Open | May 26, 2022 Wheat futures lower third straight day as trade monitors Russia/Ukraine; corn near seven-week lows.

New CRP Rules Coming; Poultry Competition Rules, More $ for Meat Processing Capacity
New CRP Rules Coming; Poultry Competition Rules, More $ for Meat Processing Capacity

Chinese Premier Li Keqiang acknowledged business impact of Covid-19 lockdowns, marking contrast with President Xi Jinping

Disappointing weekly corn export sales
Disappointing weekly corn export sales

Old-crop corn export sales were a marketing-year low. New-crop sales were light, too.

First Thing Today | May 26, 2022
First Thing Today | May 26, 2022

Wheat and corn futures faced heavy selling pressure overnight but remained above Wednesday’s lows. Selling in soybeans was lighter.

Midweek Cash Markets | May 25, 2022
Midweek Cash Markets | May 25, 2022

Soybean basis continues to charge higher and is well above the three-year average.

After the Bell | May 25, 2022
After the Bell | May 25, 2022

Winter wheat futures end lower but recover much of initial slump; new-crop corn falls to two-week low on planting progress.

USDA Raises 2022 Food Inflation Forecasts for Fourth Consecutive Month
USDA Raises 2022 Food Inflation Forecasts for Fourth Consecutive Month

Highest food price rises since 1980 (grocery stores) and 1981 (all food and restaurants)

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

Wheat tumbles to two-week lows on reports Russia may allow food shipments; corn sinks near six-week low.

Russia Wants Some Sanctions Lifted to Allow Food Exports from Ukraine
Russia Wants Some Sanctions Lifted to Allow Food Exports from Ukraine

Tuesday primaries | Texas school killings; Biden addresses nation | FOMC minutes | Food prices

First Thing Today | May 25, 2022
First Thing Today | May 25, 2022

Wheat futures sharply extended Tuesday’s hefty losses in overnight trade. Corn and soybeans followed wheat lower.

After the Bell | May 24, 2022
After the Bell | May 24, 2022

Corn futures fall to six-week lows after U.S. planting posts big advance; wheat down sharply as slump resumes.

Planting Progress A Growing Concern in Dakotas | May 24, 2022
Planting Progress A Growing Concern in Dakotas | May 24, 2022

EU and U.S. are working on global oil price caps, Governor Newsom threatens Californians with water restrictions and beef stocks in April rose to a record...

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

Corn futures lower after USDA reports big increase in U.S. planting; wheat firm on weather concern.

Biden: Gas Price Pain Means Less Reliant on Fossil Fuels When This is Over
Biden: Gas Price Pain Means Less Reliant on Fossil Fuels When This is Over

Biden officials try to sell Indo/Pacific framework to a not-so-convinced U.S. public

First Thing Today | May 24, 2022
First Thing Today | May 24, 2022

Spring wheat futures led gains in the wheat markets overnight as planting progress fell shy of expectations. Soybeans firmed, while corn traded slightly lower overnight.

After the Bell | May 23, 2022
After the Bell | May 23, 2022

Wheat futures jump in corrective bounce from last week's slide; corn firmer though USDA reports big jump in plantings.

HRW, SRW CCI ratings improve
HRW, SRW CCI ratings improve

The HRW crop is still well below its five-year average, while the SRW crop is now rated above normal.

Meat
Bearish meat demand implications in Cold Storage Report

Beef stocks declined less than normal in April, while frozen pork inventories climbed more than average. Total red meat and poultry stocks rose around 16% from last year.

Strong weekly corn export inspections
Strong weekly corn export inspections

Corn export inspections topped the upper end of trade expectations at nearly 1.7 MMT.

Monday Morning Wake Up Call | May 23, 2022
Monday Morning Wake Up Call | May 23, 2022

Wheat futures are higher as corn and soybean futures retreat from overnight gains. Cattle futures are lower as hog futures extend last week's rebound...