Agriculture News
Only four years since 1980 have not had a summer soybean rally.
Wheat inspections during the week ended May 22 rose on the week, while corn and soybean inspections each marked declines.
During the week ended May 15, corn inspections rose 419,000 MT from the previous week, nearly topping analysts’ pre-report range. Soybean inspections were notably short of expectations.
Wheat, corn and soybeans are higher to start the week. Cattle and hogs are choppy, but mostly lower...
Bankers Note weakening financial conditions.
Chicago Federal Reserve Bank Also Finds 4% Quarterly Gain.
Creighton’s monthly survey finds growing pessimism.
Soy stocks historically come in tighter than estimated.
Annual Iowa State survey reports state average of $271 an acre.
While old- and new-crop ending stocks were both well below pre-report expectations, wheat production landed well above analysts’ estimates.