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Sluggish weekly export inspections

Corn, soybean and wheat export inspections all fell short of expectations and below the required paces to hit USDA's export forecasts.

Chart Trends | July 5, 2022

Short-term price trend turns down for most of the grain and soy complex markets.

North Dakota OKs Bill Gate’s Farmland Purchase

State attorney general clears purchase.

U.S. hog herd continues to contract with no signs of expansion

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.

Corn, soybean and spring wheat CCI ratings fall

The corn CCI rating is now below the five-year average for the first time this year. The soybean and spring wheat ratings remain above average.

Your Pro Farmer Newsletter (June 24, 2022) is now available

Recessionary fears are building, which triggered heavy long liquidation in commodities last week.

Meat
Record May frozen beef stocks

USDA's Cold Storage Report signaled demand is not keeping pace with supplies amid near-record retail prices.