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Market Watch | November 11, 2021
Market Watch | November 11, 2021

Ethanol prices surge above $3, more than double last year's level.

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

Ahead of the Open | November 11, 2021 Grain, soybean futures seen narrowly mixed as trade awaits USDA export sales.

Impacts of Surging Inflation Mount, Including Potential Delay for BBB Package
Impacts of Surging Inflation Mount, Including Potential Delay for BBB Package

USDA announces faster line-speed trial program for nine pork plants; eyes remand of poultry line speed waivers

First Thing Today: Thank you, veterans!
First Thing Today: Thank you, veterans!

Government offices are closed for the federal Veterans Day holiday. Markets are open.

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Midweek Cash Markets | Soybean basis firms

Soybean basis firmed 6 1/4 cents over the past week to a penny above January futures.

After the Bell | November 10, 2021
After the Bell | November 10, 2021

After the Bell | November 10, 2021 Wheat futures rally to multi-year highs on shrinking global supply outlook, corn, soybeans also higher.

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U.S. consumer inflation surges to nearly a 31-year high

The surge in consumer prices came a day after data showed producer prices also jumped sharply in October.

Chinese PPI Surges | November 10, 2021
Chinese PPI Surges | November 10, 2021

Fines against idling containers is easing the backlog at the Port of Long Beach, Beijing signals willingness to cool tensions with the U.S. and USDA raised its 2021 cash steer price forecast...

Ahead of the Open | November 10, 2021
Ahead of the Open | November 10, 2021

Ahead of the Open | November 10, 2021 Grain, soybeans seen mostly firmer as market processes USDA report implications.

Consumer Price Index Surges 6.2% in October, Three-Decade High
Consumer Price Index Surges 6.2% in October, Three-Decade High

Pelosi, progressives want vote on BBB week of Nov. 15

First Thing Today: Soybeans unable to find sustained followthrough buying overnight
First Thing Today: Soybeans unable to find sustained followthrough buying overnight

Corn futures extended their gains but failed to clear yesterday’s highs. Wheat futures were mostly firmer overnight

After the Bell | November 9, 2021
After the Bell | November 9, 2021

Soybeans lead rally after USDA unexpectedly lowers U.S. production estimate; hog futures extend slide.

PF Report Reaction: USDA unexpectedly trims its soybean crop estimate
PF Report Reaction: USDA unexpectedly trims its soybean crop estimate

USDA lowered its soybean crop by 23 million bu., whereas traders expected a 36-million-bu. increase.

Higher Crop Estimates Expected | November 9, 2021
Higher Crop Estimates Expected | November 9, 2021

Traders expect USDA to raise corn and soybean estimates in today's report, the Biden Administration mulls releasing crude from reserves and cash cattle prices hit long-time high...

Ahead of the Open | November 9, 2021
Ahead of the Open | November 9, 2021

Ahead of the Open | November 9, 2021 Grain, soybean futures mostly firmer ahead of USDA Crop Production, Supply and Demand reports.

First Thing Today: Mild price gains overnight
First Thing Today: Mild price gains overnight

Spring wheat futures led overnight gains in light trade ahead of USDA's November crop reports later this morning.

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Winter wheat CCI ratings slip

The HRW rating is well below the five-year average, while the SRW rating is still above its norm for early November.

After the Bell | November 8, 2021
After the Bell | November 8, 2021

After the Bell | November 8, 2021 Soybeans sink to seven-month low ahead of USDA reports, live cattle end at highest price since mid-2017.

House Passes Physical Infrastructure Bill – What's Next?
House Passes Physical Infrastructure Bill – What's Next?

Chip Flory and Jim Wiesemeyer discuss the recent House passage of the physical infrastructure bill, the Build Back Better bill, and the momentum the Virginia governor's race may have generated...

Soybean inspections bigger than expected
Soybean inspections bigger than expected

Soybean inspections topped 2.6 MMT the week ended Nov. 4.

Monday Morning Wake Up Call | November 8, 2021
Monday Morning Wake Up Call | November 8, 2021

Grain and soy complex futures are under pressure to open the week. Live cattle futures opened weaker but have since reversed course and lean hog futures opened firmer but have turned mildly softer.

Ahead of the Open | November 8, 2021
Ahead of the Open | November 8, 2021

Ahead of the Open | November 8, 2021 Soybean futures fall to three-week low ahead of USDA reports, corn lower, wheat mixed.

Chart Trends: Short-term trend change for cattle and hog futures
Chart Trends: Short-term trend change for cattle and hog futures

Short-term trend turns up for live cattle and sideways for hogs.

First Thing Today: Quiet start to the week
First Thing Today: Quiet start to the week

Grain and soy complex futures posted quiet, two-sided trade overnight as traders start to prepare for Tuesday's November crop reports from USDA.

Provision on Freight Cars in Infrastructure Bill Will Catch China’s Attention
Provision on Freight Cars in Infrastructure Bill Will Catch China’s Attention

White House to closely watch EIA energy price data tomorrow

Biden Takes Victory Lap After BIF Win; White House to Celebrate in Signing Ceremony
Biden Takes Victory Lap After BIF Win; White House to Celebrate in Signing Ceremony

USDA Supply/Demand reports Tuesday: Federal Reserve officials will speak this week

House Clears Traditional Infrastructure Bill with Aid of 13 Republican Votes
House Clears Traditional Infrastructure Bill with Aid of 13 Republican Votes

A delay for Build Back Better package until week of Nov. 15, with a caveat

After the Bell | November 5, 2021
After the Bell | November 5, 2021

After the Bell | November 5, 2021 Corn, soybeans futures end week lower with USDA seen raising estimates in Nov. 9 Crop Production report.

USDA releases long-term baseline projections
USDA releases long-term baseline projections

Projections of note for the 2022-23 marketing year.

Bigger corn, soybean crop estimates expected Nov. 9
Bigger corn, soybean crop estimates expected Nov. 9

The bigger crop estimate is expected to increase the 2021-22 bean ending stocks projection. But traders see corn carryover declining a little, as ethanol use is likely to rise.

Big year-over-year swings in U.S. beef, pork shipments to China
Big year-over-year swings in U.S. beef, pork shipments to China

Beef exports to China are up more than 700% this year, while pork shipments are down 37%.

Pro Farmer newsletter (Nov. 6, 2021) is now available
Pro Farmer newsletter (Nov. 6, 2021) is now available

Access this week’s newsletter here.

House Dem Leaders Think This Time They Have Votes for BBB, Then BIF
House Dem Leaders Think This Time They Have Votes for BBB, Then BIF

U.S. employers added 531,000 jobs in October, a sign growth is resuming

Ahead of the Open | November 5, 2021
Ahead of the Open | November 5, 2021

Ahead of the Open | November 5, 2021 Soybeans fall to three-week low, corn weaker as trade waits for Nov. 9 USDA reports.

First Thing Today: Soybeans face light followthrough selling overnight
First Thing Today: Soybeans face light followthrough selling overnight

Corn and wheat futures are posting mild corrective gains early this morning.

After the Bell | November 4, 2021
After the Bell | November 4, 2021

After the Bell | November 4, 2021 Soybean futures sink to three-week lows with USDA seen boosting crop estimate, grains also weaker.

Market Watch | November 4, 2021
Market Watch | November 4, 2021

Our updated monthly and quarterly forecasts, including the first outlook for second quarter 2022.

China Signs LNG Import Deal | FTT Audio November 4, 2021
China Signs LNG Import Deal | FTT Audio November 4, 2021

Global food prices continue to rise, world cereal production to set record and House Democrats hope to vote on infrastructure bills by the end of the week...

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Drought expands in Texas, eases in some HRW states

USDA says 43% of U.S. winter wheat areas are experiencing drought conditions, unchanged from the previous week.

Pelosi Pushes House Infrastructure Votes Despite Different Senate Approach
Pelosi Pushes House Infrastructure Votes Despite Different Senate Approach

Food vs fuel enters the biodiesel debate | N.J. Dem governor wins razor-thin race

Ahead of the Open | November 4, 2021
Ahead of the Open | November 4, 2021

Ahead of the Open | November 4, 2021 Corn, wheat seen higher as export sales at high end of expectations, soybeans lower.

Weekly corn, soybean and wheat exports sales jump
Weekly corn, soybean and wheat exports sales jump

Soybean sales totaled nearly 1.9 MMT, while corn sales topped 1.2 MMT.

First Thing Today: Corn and wheat rebound, soybeans slip overnight
First Thing Today: Corn and wheat rebound, soybeans slip overnight

Corn and wheat futures halted their corrective pullbacks from the two previous days overnight, but soybeans extended Wednesday’s declines.

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Midweek Cash Markets | Corn, soybean basis continues recent recovery

Soybean basis firmed despite the rollover to the January contract, which is around 13 cents above November.

Bank
Fed to start tapering asset purchases later this month

As was widely expected, the Federal Reserve will begin dialing back its asset purchases by $15 billion per month, starting later in November.

After the Bell | November 3, 2021
After the Bell | November 3, 2021

After the Bell | November 3, 2021 Corn and wheat fall second day in corrective pullback, live cattle futures post two-month high.

Republicans Take VA Governor's Race | FTT Audio November 3, 2021
Republicans Take VA Governor's Race | FTT Audio November 3, 2021

Deere & Co. workers reject contract settlement, Youngkin defeats McAuliffe in Virginia and China pledges to cut coal use...

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

Ahead of the Open | November 3, 2021 Grain, soybean futures seen slightly lower in profit-taking pullback from recent rallies.