Latest From News

Ahead of the Open | December 3, 2021
Ahead of the Open | December 3, 2021

Soybean futures expected higher on fresh export business, corn firmer, wheat lower.

Inflation No Longer Transitory | December 3, 2021
Inflation No Longer Transitory | December 3, 2021

Both chambers pass stopgap funding measure, economists expect unemployment to soften and households have been stashing cash...

First Thing Today | December 3, 2021
First Thing Today | December 3, 2021

Soybean futures extended their corrective gains from the two previous days overnight, which helped support corn. Wheat futures held in a tight range in narrowly mixed trade.

After the Bell | December 2, 2021
After the Bell | December 2, 2021

Wheat futures up sharply amid fresh demand, tight supplies of milling-quality wheat; corn and soybeans also up.

Market Watch | December 2, 2021
Market Watch | December 2, 2021

Our updated monthly and quarterly price forecasts.

China Books U.S. Beans | December 2, 2021
China Books U.S. Beans | December 2, 2021

Legislators work to keep the government open, FAO's food price index continues to climb and China compels energy purveyors to prioritize shipments to fertilizer producers...

nebraksa drought soil 2013
Over half U.S. winter wheat area now in drought

As of Nov. 30, 52% of U.S. winter wheat area was covered by drought conditions, up from 49% the previous week.

Stopgap Spending Bill Accord Reached but Grandstanding Lawmaker Games Still Possible
Stopgap Spending Bill Accord Reached but Grandstanding Lawmaker Games Still Possible

Higher crop prices drive increase in 2021 forecast farm income

Ahead of the Open | December 2, 2021
Ahead of the Open | December 2, 2021

Grain, soybean futures seen firmer on fresh demand, supply concern in wheat.

Another paltry wheat export sales tally
Another paltry wheat export sales tally

Wheat export sales were a marketing-year low. Corn and soybean sales were down sharply from the previous week but each topped 1 MMT.

First Thing Today | December 2, 2021
First Thing Today | December 2, 2021

Grain, soybean futures extended Wednesday’s corrective gains overnight.

Rising commodity prices are main driver in higher farm income forecast for 2021
Rising commodity prices are main driver in higher farm income forecast for 2021

U.S. net farm income is forecast to reach $116.8 billion in 2021, up $22.0 billion (23.2%) from 2020 with the 2020 result up $15.7 billion (19.9%) from 2019.

markets-up
Midweek Cash Markets | December 1, 2021

Corn and soybean basis continues the post-harvest rebound

After the Bell | December 1, 2021
After the Bell | December 1, 2021

Corn and soybeans end higher amid ideas price drop may stir fresh export demand, wheat ends mixed.

Powell and Fed Admit They Were Wrong: U.S. Inflation Was Not ‘Transitory’
Powell and Fed Admit They Were Wrong: U.S. Inflation Was Not ‘Transitory’

Dems want CR until Jan. 28; GOP wants into mid-Feb. | Some progress on debt limit talks

RFS Deadline Passes | December 1, 2021
RFS Deadline Passes | December 1, 2021

OECD predicts persistent inflation in 2022, RVO's still nowhere to be found and global sugar supplies are expected to tighten for the third consecutive year...

Ahead of the Open | December 1, 2021
Ahead of the Open | December 1, 2021

Grain, soybean futures firmer in corrective recovery from yesterday's steep declines.

First Thing Today: December 1, 2021
First Thing Today: December 1, 2021

Corn, soybean and wheat futures saw a round of corrective buying overnight after Tuesday’s sharp losses.

After the Bell | November 30, 2021
After the Bell | November 30, 2021

"Risk-off" trade sends global commodities tumbling, sending corn, wheat, soybeans near three-week lows

Traders, Markets Keep Flipping on Impacts of Omicron Variant
Traders, Markets Keep Flipping on Impacts of Omicron Variant

Update on WHIP+ for 2020 and 2021 ag disasters

Ahead of the Open | November 30, 2021
Ahead of the Open | November 30, 2021

Soybeans, wheat drop to two-week lows overnight, corn also lower amid heightened Omicron variant concern.

Omicron Variant Under Scrutiny | November 30, 2021
Omicron Variant Under Scrutiny | November 30, 2021

Moderna considers new vaccine for Omicron variant, EU consumer inflation surges and Beijing intends to host the winter Olympics as planned...

First Thing Today: Followthrough pressure overnight amid heightened risk aversion, month-end selling
First Thing Today: Followthrough pressure overnight amid heightened risk aversion, month-end selling

Grain and soy complex futures were part of a broader selloff overnight.

wheat_april
U.S. winter wheat crop will go into dormancy with below-average CCI ratings

The HRW CCI rating is 7.8 points below the five-year average, the SRW rating is 13.5 points under the end-of-fall norm.

After the Bell | November 29, 2021
After the Bell | November 29, 2021

Wheat futures lead grains and soy complex lower amid profit-taking, dollar strength; cattle drop sharply.

Soybean inspections decline versus the previous week's big upward revision
Soybean inspections decline versus the previous week's big upward revision

Soybean inspections topped expectations at more than 2.1 MMT.

Monday Morning Wake Up Call | November 29, 2021
Monday Morning Wake Up Call | November 29, 2021

Corn and wheat futures are lower to start the week as soybeans firm. Cattle futures are mildly firmer and lean hogs are mixed...

Ahead of the Open | November 29, 2021
Ahead of the Open | November 29, 2021

Wheat futures expected to extend strength on global supply worries, soybeans firm, corn weaker.

Oh My: Variant Called Omicron Brings Unknowns to an Already Uncertain World
Oh My: Variant Called Omicron Brings Unknowns to an Already Uncertain World

China watching House legislation | Biden to speak today about Omicron | Congress returns

First Thing Today: Wheat leads overnight price recovery
First Thing Today: Wheat leads overnight price recovery

HRS and HRW futures led the rebound from last Friday's sharp losses as concerns with the new Omicrop strain of Covid eased.

Congress Returns to Confront Same Must-Complete Issues with Consensus Lacking
Congress Returns to Confront Same Must-Complete Issues with Consensus Lacking

Will EPA this week finally release much-delayed RFS decisions?

After the Bell | November 26, 2021
After the Bell | November 26, 2021

Corn futures settle near five-month high on strong exports, soybeans and wheat lower amid Covid concern.

First Thing Today: Grain, livestock markets expected to face pressure from global risk-off trade after Thanksgiving
First Thing Today: Grain, livestock markets expected to face pressure from global risk-off trade after Thanksgiving

Concerns about a new, heavily mutated variant of Covid-19 produced high anxiety among traders overnight, as global stock markets and oil prices plunged, while bonds surged (yields dropped) amid heavy risk-off trade.

Corn, wheat export sales higher than expected
Corn, wheat export sales higher than expected

Soybean export sales were within the range of pre-report estimates.

Black Friday: Equities, Oil, Other Markets Plunge on New, Heavily Mutated Variant of Covid-19
Black Friday: Equities, Oil, Other Markets Plunge on New, Heavily Mutated Variant of Covid-19

More questions than answers on new Covid variant but fear, uncertainty rule markets today

After the Bell | November 24, 2021
After the Bell | November 24, 2021

Grain, soybean futures end lower in pre-holiday liquidation trade, cattle futures post fresh highs on cash strength.

U.S. Snubs China on Summit Invite | November 24, 2021
U.S. Snubs China on Summit Invite | November 24, 2021

General Mills will raise grocery prices, ethanol exports are expected to rise to a record and feedlots pass on higher cash cattle prices...

U.S. Jobless Claims Plunge to Just 199,000, Lowest Level Since 1969
U.S. Jobless Claims Plunge to Just 199,000, Lowest Level Since 1969

USDA forecasts record FY 2022 ag trade despite trimming exports | New record for ethanol exports

Ahead of the Open | November 24
Ahead of the Open | November 24

Wheat futures extend rally to nine-year highs ahead of Thanksgiving holiday, corn near three-week highs, soybeans firm.

Market Watch | November 24, 2021
Market Watch | November 24, 2021

Cash DDG prices plunge.

First Thing Today: Another round of new contract highs in winter wheat futures
First Thing Today: Another round of new contract highs in winter wheat futures

Grain and soy markets are trading higher and high-range this morning, led by HRW wheat contracts.

markets-up
Midweek Cash Markets | November 23, 2021

Corn and soybean basis continue to firm.

After the Bell | November 23, 2021
After the Bell | November 23, 2021

Winter wheat posts nine-year high as Australia rains fuel global supply concern, corn ends near five-month high.

Warren Cries Foul on Poultry Producers | November 23, 2021
Warren Cries Foul on Poultry Producers | November 23, 2021

Powell says the Fed will focus on fighting inflation, holiday travel numbers are expected to increase and the EU is turning back to coal...

Biden Taps SPR to ‘Lower Prices for Americans’; Other Countries Take Similar Action
Biden Taps SPR to ‘Lower Prices for Americans’; Other Countries Take Similar Action

Impact of Powell’s renomination at Fed | USDA and renewable diesel projections

Ahead of the Open | November 21, 2021
Ahead of the Open | November 21, 2021

Corn, soybean futures lower as dollar strengthens, crude oil slides, HRW wheat extends gains.

First Thing Today: Coordinated oil reserve release announced
First Thing Today: Coordinated oil reserve release announced

U.S. will release 50 million barrels of oil in a coordinated effort along with releases from strategic reserves by China, India, South Korea, Japan and Great Britain.

wheat_april
Winter wheat CCI ratings fall

The SRW CCI rating is now below the five-year average for the first time this fall.

BBB Headed to Senate | November 22, 2021
BBB Headed to Senate | November 22, 2021

Build Back Better, big import tariffs still exist, $27 billion for conservation efforts, announcement on RFS mandates still held up by EPA – these and many more topics discussed by Chip Flory and Jim Wiesemeyer...

After the Bell | November 22, 2021
After the Bell | November 22, 2021

HRW, SRW wheat futures post nine-year highs as Australia rain stirs supply concerns, corn and soybeans also higher.