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First Thing Today: Corn, wheat mildly extend Tuesday's corrective pullback
First Thing Today: Corn, wheat mildly extend Tuesday's corrective pullback

Soybeans were also slightly lower overnight, pulling back from Tuesday's gains.

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HRW CCI declines, SRW rating inches up

Decline in the HRW crop was led by Texas, though crops in Kansas, Colorado, Nebraska and Montana also dropped.

Signal to Noise | November 1, 2021
Signal to Noise | November 1, 2021

Chip Flory and Jim Wiesemeyer recap last week's Day of Ethanol on AgriTalk and discuss where other fossil fuels may stand. Plus when will the latest Infrastructure bill(s) be voted on in the House?

Another paltry wheat export inspections tally
Another paltry wheat export inspections tally

Corn and soybean export inspections met expectations, with soybean shipments near the high end of pre-report estimates.

Monday Morning Wake Up Call | November 1, 2021
Monday Morning Wake Up Call | November 1, 2021

Wheat futures are sharply higher with corn higher on spillover support. Soybeans are working on a recovery from overnight pressure. Live cattle futures are firmer and lean hogs are slightly higher to start the week.

Chart Trends: Short-term, intermediate and long-term trends all up for wheat
Chart Trends: Short-term, intermediate and long-term trends all up for wheat

Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.

USDA Secy. Vilsack on Build Back Better | AgriTalk Audio Oct. 28, 2021
USDA Secy. Vilsack on Build Back Better | AgriTalk Audio Oct. 28, 2021

USDA Secretary Tom Vilsack joins Chip Flory and Jim Wiesemeyer to discuss the updated Build Back Better framework and what it means for U.S. agriculture, including money invested for biofuels and conservation.

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Drought spreading in Southern Plains HRW areas

The U.S. Drought Monitor shows much of HRW areas are covered by dryness/drought, while virtually no abnormally dry conditions and no drought are noted across the SRW states

Soybean export sales below expectations
Soybean export sales below expectations

Soybean export sales slowed dramatically from the previous week but weekly shipments increased.

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Consumer confidence unexpectedly rises in October

Both the present situation index and the expectations index surprisingly rose this month.

First Thing Today: Quiet overnight trade in grain, soy futures
First Thing Today: Quiet overnight trade in grain, soy futures

A mildly weaker tone has developed this morning after quiet trade overnight.

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HRW CCI rating below average, SRW crop slightly above normal

HRW rating is 8.5 points below average, while the SRW rating is 4.4 points above normal.

Signal to Noise | October 25, 2021
Signal to Noise | October 25, 2021

This week we welcome special guest David Wasserman, Senior Editor, U.S. House of Representatives for The Cook Political Report. David shares his perspective on potential outcomes of national elections.

Disappointing corn, wheat export inspections
Disappointing corn, wheat export inspections

Soybean inspections slowed from the previous week but were about as expected.

Monday Morning Wake Up Call | October 25, 2021
Monday Morning Wake Up Call | October 25, 2021

Soybeans are leading gains in the grain markets with livestock futures also higher to start the week.

Cold Storage Report offers no major surprises
Cold Storage Report offers no major surprises

USDA’s Cold Storage Report showed beef stocks increased a little more than is typical during September, while the build in pork stocks was a little shy of normal.

September cattle placements lighter than expected
September cattle placements lighter than expected

Report should be supportive for futures, especially deferred live cattle.

Rural Bankers: Farmers in Solid Cash Position
Rural Bankers: Farmers in Solid Cash Position

Monthly survey finds bankers turning pessimistic for 2022.

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Mild drought degradation in West Texas, improvements in other areas

The U.S. Drought Monitor as of Oct. 19 showed some drought improvement in areas of the Southern Plains, but there were areas in West Texas that saw a one-category degradation in drought conditions during the week.

Unfavorable extended forecast for HRW areas
Unfavorable extended forecast for HRW areas

Above-normal temps are expected across the entire Southern and Central Plains for November through January, with below-normal precip over much of Oklahoma and all of Texas.

Soybean export sales top lofty expectations
Soybean export sales top lofty expectations

China was the lead buyer of U.S. soybeans on the week at nearly 1.9 MMT.

Cattle on Feed Report preview
Cattle on Feed Report preview

The report is expected to show larger placements again for September.

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Beige Book: Economic growth continues, but slowing

Agriculture conditions were mixed and energy markets were little changed, on balance.

First Thing Today: Soybeans extend corrective recovery overnight
First Thing Today: Soybeans extend corrective recovery overnight

Soybeans, along with soyoil, led price strength in the grain and soy complex overnight.

First Thing Today: Wheat leads followthrough buying overnight
First Thing Today: Wheat leads followthrough buying overnight

Grain and soy futures found followthrough buying overnight, supported in part by outside markets.

Signal to Noise: Infrastructure Tussle and Viewer Questions | October 18, 2021
Signal to Noise: Infrastructure Tussle and Viewer Questions | October 18, 2021

We remember former U.S. Secretary of State General Colin Powell who passed away this morning, plus Chip Flory and Jim Wiesemeyer discuss what's new with the infrastructure bill(s) and a lot more.

Big increase in soybean, corn export inspections
Big increase in soybean, corn export inspections

Soybean and corn export inspections topped expectations and year-ago levels.

Monday Morning Wake Up Call | October 18, 2021
Monday Morning Wake Up Call | October 18, 2021

Soybean futures are under light pressure with corn and wheat mixed. Livestock futures are lower to start the week with hog futures holding just above last week’s lows.

Chart Trend: Short-term trends are down for corn and soybeans
Chart Trend: Short-term trends are down for corn and soybeans

Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.

First Thing Today | October 18, 2021
First Thing Today | October 18, 2021

Soybeans pulled back overnight from the corrective gains late last week. Corn and wheat didn't stray far from unchanged.

Weekly corn, soybean sales both top 1 MMT for second straight week
Weekly corn, soybean sales both top 1 MMT for second straight week

Corn and soybean export sales were near the middle of the range of pre-report estimates.

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Drought improvement for Northern Plains and Upper Midwest

Several storms traversed these regions over the past week, helping to counter unseasonable warmth.

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FOMC minutes signal tapering of QE could begin as soon as mid-November

Initial tapering efforts will likely include cutting $10 billion a month in Treasury buys and $5 billion a month in mortgage-backed securities purchases.

USDA raises corn and soybean crop estimates, boosting carryover
USDA raises corn and soybean crop estimates, boosting carryover

On the other hand, its cotton production and carryover forecasts dropped more than analysts anticipated.

Soybean inspections nearly double previous week’s tally
Soybean inspections nearly double previous week’s tally

Corn and wheat inspections were in the lower half of analysts’ expectations and down from the week ending Sept. 30, with exporters focusing on soybean shipments as Louisiana ports reopen.

Chart Trend: Sideways action likely for cattle futures near-term
Chart Trend: Sideways action likely for cattle futures near-term

Find updates to our short-term, intermediate- and long-term trends for commodity and key outside markets.

Monday Morning Wake Up Call | October 11, 2021
Monday Morning Wake Up Call | October 11, 2021

Grain and soybean futures favored the upside in the overnight but are slightly lower after the open. Cattle futures are under light pressure and lean hog futures are off to a moderately lower start.

Crude Oil's Impact on Grain Trade | Friday Wrap-up October 8, 2021
Crude Oil's Impact on Grain Trade | Friday Wrap-up October 8, 2021

Davis Michaelsen and Editor Brian Grete discus this week's market action...

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Mexico quietly rejects application for GMO corn imports

Mexico's National Farm Council and Bayer say the rejection violates the USMCA.

Texas Dryland, Ranchland Continue to Mark Double-Digit Gains
Texas Dryland, Ranchland Continue to Mark Double-Digit Gains

Quarterly Fed Bank survey finds strong demand for rural land.

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U.S. soybean carryover expected to double in coming WASDE

Analysts expect smaller corn and larger soybean crop estimates from USDA next Tuesday. Find more pre-report expectations here.

Near-even mix drought improvement and degradation for country’s midsection
Near-even mix drought improvement and degradation for country’s midsection

Several rounds of storm systems led to some drought improvement to the Midwest and Plains the week ending Oct. 5, but drought/dryness worsened in areas that missed out amid unseasonable warmth.

Dramatic rebound in corn export sales
Dramatic rebound in corn export sales

Corn export sales handily topped expectations the last week of September, with more export facilities reopening and fresh supplies in the U.S. pipeline. Sales were up sharply from sub-400,000 MT in recent weeks.

Beef exports topped the $1 billion mark for the first time in August, despite shipping challenge
Beef exports topped the $1 billion mark for the first time in August, despite shipping challenge

“The August export results would be impressive under any circumstances, but achieving these totals despite all the Covid-related obstacles at home & overseas is truly remarkable,” says USMEF President Dan Halstrom

2021: The summer of my resilience
2021: The summer of my resilience

"At least the sunsets were pretty. That’s the best I can say about the summer of 2021," says guest blogger Mark Wagoner of Touchet, Washington.

Corn and soybean harvest advancing rapidly
Corn and soybean harvest advancing rapidly

Find highlights from today's Crop Progress and Condition Report.