Latest News From PRO FARMER

Crops Analysis | July 21, 2021
Crops Analysis | July 21, 2021

Crops Analysis | July 21, 2021 SRW, HRW wheat futures rise sixth straight day, new-crop corn, soybeans firmer on dryness concern.

10:30 a.m. Market Snapshot | July 21, 2021
10:30 a.m. Market Snapshot | July 21, 2021

Midmorning update on commodity market action.

First Thing Today Audio | July 21, 2021
First Thing Today Audio | July 21, 2021

The weather forecast remains concerning, Putin says he will work to curb food prices in Russia and the Federal Maritime Commission will conduct audits on major shippers...

Republicans Balk at Physical Infrastructure Measure with No Text and Sans Pay-fors
Republicans Balk at Physical Infrastructure Measure with No Text and Sans Pay-fors

Vilsack says more aid coming | Slim odds for axing corn-ethanol mandate

Ahead of the Open | July 21, 2021
Ahead of the Open | July 21, 2021

Ahead of the Open | July 21, 2021 Grain, soybean futures mostly higher as Midwest, Plains dryness trims crop potential.

First Thing Today | July 21, 2021
First Thing Today | July 21, 2021

A high pressure ridge could lead to more drying in western Corn Belt, Northern Plains. USDA isn’t the only one missing the mark on Canada’s wheat crop. Odds are low for a proposed bill to end corn-ethanol mandate.

Evening Report | July 20, 2021
Evening Report | July 20, 2021

Reuters is reporting the White House delayed rulemaking on RFS. More freezing temperatures likely for Brazil in the days and weeks ahead. CRP signup deadline is Friday.

After the Bell | July 20, 2021
After the Bell | July 20, 2021

After the Bell | July 20, 2021 Weather concerns push grain and soybean futures higher, hog futures up on strong pork market.

Crops Analysis | July 20, 2021
Crops Analysis | July 20, 2021

Crops Analysis | July 20, 2021 Grain, soybean futures surge higher as USDA crop ratings disappoint, Midwest dryness worries linger.

Livestock Analysis | July 20, 2021
Livestock Analysis | July 20, 2021

Livestock Analysis | July 20, 2021 Hog futures end higher on tight supplies, firm demand, cattle futures under pressure from sliding beef prices.

Reuters: White House delays rulemaking on RFS
Reuters: White House delays rulemaking on RFS

The Biden administration has delayed its annual rulemaking process regarding its biofuel blending mandates under the Renewable Fuel Standard (RFS) for 2021 (2022 for biodiesel), Reuters says in an exclusive report.

10:30 a.m. Market Snapshot | July 20, 2021
10:30 a.m. Market Snapshot | July 20, 2021

Midmorning update on commodity market action.

Chart Trend: Daily charts turn higher for corn, soybeans and wheat
Chart Trend: Daily charts turn higher for corn, soybeans and wheat

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

First Thing Today Audio | July 20, 2021
First Thing Today Audio | July 20, 2021

Brazil's safrinha corn harvest progress lags year ago, squabbles continue over the infrastructure bill and the Biden administration blames China for a cyber attack...

Senate Dems Release Language for Generating Up to $16 Billion Annual in Carbon ‘Fee’
Senate Dems Release Language for Generating Up to $16 Billion Annual in Carbon ‘Fee’

USDA nearing $7.4 billion in Biden admin.-issued pandemic aid

Ahead of the Open | July 20, 2021
Ahead of the Open | July 20, 2021

Ahead of the Open | July 20, 2021 Grain, soybean futures expected to open higher following lackluster USDA crop ratings.

First Thing Today | July 20, 2021
First Thing Today | July 20, 2021

Grain and soy futures rallied overnight amid a concerning forecast for some areas and lower-than-expected corn and spring wheat condition ratings.

Corn conditions hold steady, spring wheat ratings dive again
Corn conditions hold steady, spring wheat ratings dive again

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

Evening Report | July 19, 2021
Evening Report | July 19, 2021

Spring wheat ratings dive again, as hot, dry weather bakes crop.

Another week... another plunge in spring wheat crop ratings
Another week... another plunge in spring wheat crop ratings

The spring wheat CCI rating is now 38.1% below the five-year average for this date.

After the Bell | July 19, 2021
After the Bell | July 19, 2021

After the Bell | July 19, 2021 Wheat futures extend gains as crop bakes in Northern Plains heat, corn and soybeans little-changed to lower.

Livestock Analysis | July 19, 2021
Livestock Analysis | July 19, 2021

Livestock Analysis | July 19, 2021 Hog futures finish mostly lower but pork market remains firm, cattle futures mixed.

Crops Analysis | July 19, 2021
Crops Analysis | July 19, 2021

Crops Analysis | July 19, 2021 Soybean, soyoil futures tumble as crude price nosedive, wheat futures higher on dryness

Signal to Noise | July 19, 2021
Signal to Noise | July 19, 2021

Pro Farmer Washington Analyst Jim Wiesemeyer and host Chip Flory discuss the highlights of last week in D.C. 

10:30 a.m. Market Snapshot | July 19, 2021
10:30 a.m. Market Snapshot | July 19, 2021

Midmorning update on commodity market action.

Wheat inspections climb in the face of rising prices
Wheat inspections climb in the face of rising prices

Export inspections of corn, soybeans and wheat were all in line with expectations, with the corn tally holding above 1 MMT and wheat inspections nearing 500,000 MT. Soybean futures were light, as expected.

Monday Morning Wake Up Call | July 19, 2021
Monday Morning Wake Up Call | July 19, 2021

Corn and wheat futures are higher with weakness in the soy oil market limiting buyer interest in soybeans. Cattle futures are under pressure with lean hogs mixed.

Ahead of the Open | July 19, 2021
Ahead of the Open | July 19, 2021

Ahead of the Open | July 19, 2021 Grain, soybean futures expected to open higher on dryness concerns.

OPEC+ Ends Long Standoff; Increases Monthly Supplies by 400,000 Barrels Daily
OPEC+ Ends Long Standoff; Increases Monthly Supplies by 400,000 Barrels Daily

Biden administration blames China for Microsoft Exchange email hack

First Thing Today | July 19, 2021
First Thing Today | July 19, 2021

Spring wheat still soaring amid weather woes, with the warm dry forecast for the western Corn Belt concerning. China’s grain imports are still soaring. Its Sichuan province reported ASF in illegally transported piglets

Washington_DC_night
Road to $3.5 Trillion Reconciliation Measure

Hurdles ahead, but go-it-alone Dems want it bad

Bipartisan Negotiators Drop Stronger Tax Enforcement from Infrastructure Bill Pay-fors
Bipartisan Negotiators Drop Stronger Tax Enforcement from Infrastructure Bill Pay-fors

Funding issues stall talks on physical infrastructure measure

Evening Report | July 16, 2021
Evening Report | July 16, 2021

USDA raises its 2021 beef export forecast, trims total supply for 2022. July rural mainstreet index shows strong rural economies. Pork processors lost their line speeds appeal.

After the Bell | July 16, 2021
After the Bell | July 16, 2021

Weather will be the focal point next week as heat is expected to build, especially in the northwestern Corn Belt, where extreme temps are likely. Wheat has taken on a rare summer leadership role.

Crops Analysis | July 16, 2021
Crops Analysis | July 16, 2021

Weather will be the focal point next week as heat is expected to build, especially in the northwestern Corn Belt, where extreme temps are likely.

Livestock Analysis | July 16, 2021
Livestock Analysis | July 16, 2021

Rising cash and wholesale values boosted hog futures Friday.

Market Watch | July 16, 2021
Market Watch | July 16, 2021

Soybean, spring wheat cash prices surged this week.

10:30 a.m. Market Snapshot | July 16, 2021
10:30 a.m. Market Snapshot | July 16, 2021

A midmorning update on commodity market action.

U.S. Pork Industry Loses Appeal on Line Speeds
U.S. Pork Industry Loses Appeal on Line Speeds

Social Security benefits COLA likely to be largest in decade | Billions paid in child tax credits

Ahead of the Open | July 16, 2021
Ahead of the Open | July 16, 2021

Spring wheat futures exploded overnight amid U.S. and Canadian crop woes. USDA announced a daily SRW sale to China this morning.

First Thing Today | July 16, 2021
First Thing Today | July 16, 2021

Extreme heat coming for spring wheat country. Brazil’s corn contract washouts could be the highest since 2016. Xi raises food security to national security concern. Germany confirms its first cases of ASF in farm pigs.

Evening Report | July 15, 2021
Evening Report | July 15, 2021

Worrisome long-term weather maps for spring wheat country and into the western Corn Belt. NOPA’s June crush slows more than anticipated. Schumer plans to tee up infrastructure vote next week.

After the Bell | July 15, 2021
After the Bell | July 15, 2021

Some profit-taking moved into the corn and soybean markets, while spring wheat continues to rally, pulling winter wheat futures higher in the process. Cattle and hog futures saw a choppy day of trade.

Livestock Analysis | July 15, 2021
Livestock Analysis | July 15, 2021

Afternoon commentary on hog and cattle market action.

Crops Analysis | July 15, 2021
Crops Analysis | July 15, 2021

Afternoon update on commodity market action.

NOPA’s June crush slows more than anticipated
NOPA’s June crush slows more than anticipated

The data signals USDA is likely too high with its soy crush forecast.

July Rural Mainstreet Index Shows Strong Rural Economies
July Rural Mainstreet Index Shows Strong Rural Economies

Monthly economic condition survey finds continuing strong growth in rural areas of the Midwest.

soybeans-in-sun
Worrisome long-term weather maps for spring wheat country and into the western Corn Belt

The National Weather Service's 30- and 90-day forecasts favor continued warm, dry weather for these areas.

10:30 a.m. Market Snapshot | July 15, 2021
10:30 a.m. Market Snapshot | July 15, 2021

Mid-morning update on commodity market action.