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...
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...
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...
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.
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.
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...