Latest News From PRO FARMER

Livestock Analysis | August 2, 2021 Hog, cattle futures end higher on firm cash fundamentals.

Crops Analysis | August 2, 2021 Wheat futures rally following sharp cut to harvest estimate, corn, soybeans also higher.

The amount of corn inspected for export handily topped expectations and the tally nearly doubled the year-ago figure. In addition, last week’s number was also revised nearly 150,000 MT higher.

Midmorning commodity market update.

Corn and wheat futures are higher and soybeans are mixed. Cattle and hog futures are higher to start the week.

In Kenya, farmers can’t spend much time thinking about the UN’s sustainable development goals, let alone striving to meet them, when we don’t have a good sense of whether it will rain next week.

Ahead of the Open | August 2, 2021 Corn, soybean futures fall on Midwest rain, wheat up on demand strength.

Wheat rallying to kick off August. Dry start to August, but temperatures not expected to be threatening. Big slowdown in soybean crush expected. Republican senators seek meeting with Biden on biofuels.

China’s securities regulator calls for talks with American counterpart

WHIP+ plus… FY 2022 appropriations… Dems push ‘voting rights’ bill… Reconciliation

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

After the Bell | July 30, 2021 Grain futures drop with cooler conditions seen for Midwest, cattle and hogs also lower.

EPA and Army say they will work to develop a "a reasonable, effective, and durable definition of WOTUS," and enlist the public's help to do so.

Datagro calling for a 4% rise in soybean planting in 2021-22, dramatic rebound in corn production. IKAR cuts Russian wheat crop forecast. EPA lays out WOTUS plans.

Livestock Analysis | July 30, 2021 Hog, cattle futures end week lower, though underlying cash fundamentals mostly firm.

Crops Analysis | July 30, 2021 Corn, soybean futures end lower on crop-friendly Midwest weather outlook, wheat also lower.

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Cash corn and soybean prices dropped this week.

Midmorning update on commodity market action.

China suspends some fertilizer exports | Another antidumping, CVD investigation on Russian fertilizer

Wheat Quality Council Tour wraps up spring wheat survey, the debt ceiling looms this weekend and China will crimp fertilizer exports...

Ahead of the Open | July 30, 2021 Grain, soybean futures lower overnight as market awaits key August crop phases.

Profit-taking moved in overnight. Spring wheat tour confirms heavy toll of drought. China to suspend some fertilizer exports. Pork and cash hog prices fall.

After the Bell | July 29, 2021 Grain futures climb as drought grips N. Plains, northwest Corn Belt, cattle futures end lower.

Drought worsens for the Northern Plains and Upper Midwest. IGC calling for little year-to-year change in global grain stocks.

Crops Analysis | July 29, 2021 Wheat rallies as crop tour confirms severe crop losses in drought-stricken Dakotas, corn, soybeans also higher.

Livestock Analysis | July 29, 2021 Feeders lead cattle futures lower as corn market rallies, hog futures ended mixed.

Dry weather covered much of the Midwest the week ending July 27, and rising temperatures increased crop stress in the Upper Midwest.

Midmorning update on commodity market action.

The Wheat Quality Council Tour continues to find extreme crop stress, the infrastructure bill moves into debate and the Dominican Republic is stricken with ASF...

Meat industry hearings: No single answer to pricing issues; questions about expansion of slaughter capacity.

Ahead of the Open | July 29, 2021 Wheat futures seen higher as crop tour projects sharp yield drop, corn, soybeans also higher.

Also of note, wheat sales climbed 46% from the four-week average to 515,200 MT, with China topping the list of buyers — despite elevated prices.

Second day of spring wheat tour finds even lower yields. Bunge CEO optimistic Chinese demand for corn is here to stay. USDA confirms ASF in Dominican Republic.

Soybean basis soars on rollover to the November contract, but the cash price falls.

Fed Chair Jerome Powell said the Fed is still a ways away from considering raising interest rates, though he did acknowledge near-term risks to inflation are to the upside.

FOMC still believes inflation will moderate, but is discussing when and how to taper. Indiana farmland prices hit record high in 2021.

After the Bell | July 28, 2021 Drought damage sends wheat futures up sharply, corn, soybeans also higher on dryness concern.

Livestock Analysis | July 28, 2021 Hog futures drop sharply in pullback from six-week highs, cattle futures mixed.

Crops Analysis | July 28, 2021 Wheat futures post sharp gains as crop tour confirms drought damage, corn, soybeans also higher.

A midmorning update on commodity market action.

Fed meeting will focus on tapering timeline | Focus on Fed chairman’s presser

Ahead of the Open | July 28, 2021 Wheat futures surge as tour shows drought damage, corn, soybeans also higher.

Excessive heat continues for central U.S.; severe weather possible. Day 1 of spring wheat tour calculates a sub-30 bpa yield. Fed meeting ends today. CDC urges masks indoors for everyone in areas of surging cases.

Annual June survey finds Indiana farmland values exceed old highs set in 2014.

On an earnings call today, Archer Daniels Midland CEO Juan Luciano said the world lost 15 MMT of crop production due to bad weather over the past two to three weeks.

Soybean futures gain after USDA crop ratings disappoint, corn fades from early gains, wheat mixed.

ADM says China will need to import an additional 2 MMT of soybeans to counter canola losses. Argentine farmer sales still running ahead of year-ago.

Crops Analysis | July 27, 2021 Soybean futures climb after surprise drop in USDA crop ratings, corn slightly lower, wheat mixed.

Livestock Analysis | July 27, 2021 Hog futures reach six-week high before fading, cattle pulls back from USDA-spurred rally.