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

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

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

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.

Our updated monthly and quarterly price forecasts.

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

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

Corn acres slightly higher than trade expectations.