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

Our updated monthly and quarterly price forecasts.

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...

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

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

Higher crop prices drive increase in 2021 forecast farm income

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

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

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.