Search - Pro Farmer

As of Oct. 11, 82% of the U.S. was experiencing abnormal dryness/drought, up five points from the previous week. Drought coverage increased in the PNW, Plains, Ohio River Valley and Southeast.

Soybean futures pulled back overnight from their strong gains Wednesday, while wheat traded mildly higher after yesterday’s losses. Corn posted two-sided trade.

Basis for corn and soybeans continues to decline amid increased harvest and low water levels on the Mississippi River.

Soybean futures jump near two-week highs after USDA unexpectedly cuts crop outlook; corn little-changed, wheat lower.

USDA’s 2022-23 ending stocks forecasts came in higher than expected for corn and wheat, while projected carryover was lower than traders anticipated.

USDA’s Oct. WASDE revealed an additional cut to the national soybean yield to 49.8 bu. per acre (bpa), while pre-report estimates averaged 50.5 bpa. The corn yield landed slightly above the average estimate at 171.9 bpa.

Producer Price Index rises at twice the rate expected | OPEC slashes oil-demand forecasts

USDA will update balance sheets today, Romania reports ASF detection and U.K. bond market rout threatens pensions...

Grain, soybean futures lower ahead of USDA’s Crop Production, Supply and Demand Reports.

Corn, soybean and wheat futures faced mild selling pressure in relatively light overnight trade ahead of USDA’s October crop reports later this morning.