Latest News From PRO FARMER

First Thing Today | July 2, 2021
First Thing Today | July 2, 2021

Grain and soy futures are rising ahead of long holiday weekend. The focal point today is the June jobs report. Meanwhile, a USDA attaché expects Chinese imports of corn to slow notably in 2021-22.

After the Bell | July 1, 2021

After the Bell | July 1, 2021 Corn and soybeans fade from USDA acres-driven rally, but weather market "restarted."

Evening Report | July 1, 2021

Recent rains did little to budge drought in Upper Midwest and Northern Plains. Soybean crush a bit higher than expected for May. StoneX slices its Brazilian corn crop estimate again.

Livestock Analysis | July 1, 2021
Livestock Analysis | July 1, 2021

Livestock Analysis | July 1, 2021 Cattle futures end at two-week high amid firm cash market, hog futures lower.

Crops Analysis | July 1, 2021
Crops Analysis | July 1, 2021

Crops Analysis | July 1, 2021 Grain, soybean futures erase early gains to end lower, though acreage weather remain in focus.

Market Watch | July 1, 2021
Market Watch | July 1, 2021

Cash corn and soybean prices surge following USDA's June 30 reports.

DrySoilSoutDakota
Recent rains did little to budge drought in Upper Midwest and Northern Plains

A stalled frontal boundary brought widespread, heavy rain and flash flooding to parts of the lower Midwest. But the Upper Midwest largely missed out on the heaviest rains, maintaining drought concerns.

Market Snapshot | July 1, 2021
Market Snapshot | July 1, 2021

Midmorning update on commodity market action.

First Thing Today Audio | July 1, 2021
First Thing Today Audio | July 1, 2021

Trading limits are expanded today after yesterday's corn market surge, U.S. and Taiwan officials meet and Smithfield Foods pays hefty fee...

Ahead of the Open | July 1, 2021
Ahead of the Open | July 1, 2021

Ahead of the Open | July 1, 2021 Corn futures rally near three-week high, soybeans surge after USDA acreage report stirs supply concerns.

Let the Complaining Begin: Propane Prices Already Higher, Supplies Lower
Let the Complaining Begin: Propane Prices Already Higher, Supplies Lower

USDA again surprises industry analysts with lower-than-expected plantings

Strong new-crop soybean export sales, as expected
Strong new-crop soybean export sales, as expected

The bulk of these big new-crop soybean sales was known via USDA’s daily reporting service. Old-crop sales were light, as expected, but they were able to stay in positive territory.

First Thing Today | July 1, 2021
First Thing Today | July 1, 2021

Corn and beans rallying on bullish acreage data. Monthly soy and corn processing reports out today. TPA expires with little fanfare and the U.S. and Taiwan restarted trade talks.

markets-up
Midweek Cash Markets | June 30, 2021

Corn and soybean basis surges on the rollover in contracts, but cash prices also soar.

After the Bell | June 30, 2021
After the Bell | June 30, 2021

After the Bell | June 30, 2021 USDA acreage surprise sends grain, soybean futures up sharply, feeder cattle pressed by feed cost concerns.

Livestock Analysis | June 30, 2021
Livestock Analysis | June 30, 2021

Livestock Analysis | June 30, 2021 Feeder cattle futures hit two-week lows as USDA's corn acreage signals higher feed costs, hogs mixed.

Evening Report | June 30, 2021
Evening Report | June 30, 2021

Highlights from USDA's Acreage and Quarterly Grain Stocks Reports. Some early assessments of frost damage in Brazil.

Crops Analysis | June 30, 2021
Crops Analysis | June 30, 2021

Crops Analysis | June 30, 2021 Corn rallies daily limit, soybeans surge over 80 cents on unexpectedly low USDA acres.

USDA-planter-planting
PF Reaction: Corn, bean acres lower than expected

June 1 soybean stocks were bullish, too.

Planting_Farmer
Soybean planted acres slide vs. March intentions

Corn planted acres climbed from March intentions, but by around 1.1 million acres less than analysts expected. USDA’s June 1 stocks estimates came in on the friendly side of expectations for corn, soybeans and wheat.

10:30 a.m. Market Snapshot | June 30, 2021
10:30 a.m. Market Snapshot | June 30, 2021

Your mid-morning update on grain, oilseed and livestock market action.

First Thing Today Audio | June 30, 2021
First Thing Today Audio | June 30, 2021

USDA will release anticipated reports today, more frost is forecast tonight for Brazil's safrhina corn areas and expansion slows in China's factory sector...

Ahead of the Open | June 30, 2021
Ahead of the Open | June 30, 2021

Ahead of the Open | June 30, 2021 Grain futures seen lower ahead as market awaits USDA acreage, stocks data.

Hard to Announce Coming Direct Dairy Payment When You Cancel Trip to Dairy State
Hard to Announce Coming Direct Dairy Payment When You Cancel Trip to Dairy State

Commodity traders focus on today’s Acreage, Grain Stocks reports from USDA

First Thing Today | June 30, 2021
First Thing Today | June 30, 2021

June Acreage Report, Quarterly Grain Stocks out today. Rains limit frost damage in Brazil’s northern Parana, with another frost/freeze expected tonight. A bipartisan low-carbon biofuels bill will be unveiled today.

After the Bell | June 29, 2021
After the Bell | June 29, 2021

After the Bell | June 29, 2021 Grain futures mixed ahead of USDA acreage, quarterly stocks updates.

Livestock Analysis | June 29, 2021
Livestock Analysis | June 29, 2021

Livestock Analysis | June 29, 2021 Hog futures end higher in corrective bounce, cattle mixed amid ongoing beef price weakness.

Evening Report | June 29, 2021
Evening Report | June 29, 2021

StatsCan calling for big jump in canola acres, smaller wheat planted area. China announces more corn auctions. And a look at how infrastructure/reconciliation measures might play out.

Crops Analysis | June 29, 2021
Crops Analysis | June 29, 2021

Crops Analysis | June 29, 2021 Grains, soybean futures end mostly lower ahead of USDA acres update, spring wheat hits eight-year high.

canola-fields-of-walla-walla
StatsCan calling for big jump in canola acres, smaller wheat planted area

Analysts surveyed by Reuters did a pretty good job anticipating Statistics Canada’s planted acreage adjustments.

10:30 a.m. Market Snapshot | June 29, 2021
10:30 a.m. Market Snapshot | June 29, 2021

Mid-morning update on commodity market trade.

First Thing Today Audio | June 29, 2021
First Thing Today Audio | June 29, 2021

Cordonnier makes no change to U.S. corn and soybean estimates, China rejects Canadian request for dispute settlement and details on dairy payments take a back seat to infrastructure plan...

Ahead of the Open | June 29, 2021
Ahead of the Open | June 29, 2021

Ahead of the Open | June 29, 2021 Grain, soybean futures expected to start firmer as USDA crop ratings erode.

Biden Wisconsin Visit to Focus on Infrastructure; Dairy Payment Announcement Now Not Expected
Biden Wisconsin Visit to Focus on Infrastructure; Dairy Payment Announcement Now Not Expected

Disaster for U.S. spring wheat crop | Brazil corn crop hits another snag | Paraguay corn hit

First Thing Today | June 29, 2021
First Thing Today | June 29, 2021

Frost/freeze the latest ding for Brazil’s battered safrinha corn crop. Solid heat wave for the western Corn Belt likely the latter half of July.

Corn_heat_stress1
Condition ratings disappoint for corn, soybeans and especially spring wheat

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

Evening Report | June 28, 2021
Evening Report | June 28, 2021

Corn condition ratings continued to slide, with spring wheat conditions posting another big drop.

Spring wheat CCI rating continues to fall
Spring wheat CCI rating continues to fall

The corn and soybean CCI ratings were little changed over the past week, but the spring wheat crop continues to deteriorate.

After the Bell | June 28, 2021
After the Bell | June 28, 2021

After the Bell | June 28, 2021 Corn, soybeans, wheat post gains as market fixates on Midwest, N. Plains weather, crop ratings.

Crops Analysis | June 28, 2021
Crops Analysis | June 28, 2021

Crops Analysis | June 28, 2021 Corn, soybean futures rise sharply as traders eye warmer July outlook, spring wheat extends rally.

USDA-soybeans-closeup
Corn and soybean acres expected to climb, but how much is unclear

June 1 grain stocks will be down sharply, but history signals there could be surprises.

Livestock Analysis
Livestock Analysis

Livestock Analysis | June 24, 2021 Hog futures rise daily limit as trade watches for cash signals, cattle futures drop as corn rallies.

Supreme Court denies meat industry petition seeking review of California's Prop 12
Supreme Court denies meat industry petition seeking review of California's Prop 12

Proposition 12 imposes what opponents claim is arbitrary animal housing standards that reach far outside of California's borders to farms across the country, and bans the sale of pork that does not meet those standards.

Daily, weekly and monthly charts for cotton all pointed higher
Daily, weekly and monthly charts for cotton all pointed higher

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

10:30 a.m. Market Snapshot | June 28, 2021
10:30 a.m. Market Snapshot | June 28, 2021

Mid-morning update of price action for corn, soybeans, wheat and livestock futures.

Light corn, soybean and wheat inspections
Light corn, soybean and wheat inspections

But today’s update also featured upside revisions to USDA’s initially reported soybean and especially corn export inspections for the week ending June 17.

Monday Morning Wake Up Call | June 28, 2021
Monday Morning Wake Up Call | June 28, 2021

Spring wheat futures continue to climb, soybeans are sharply higher as well with corn futures mildly higher. Cattle futures are mixed and mostly weaker as hog futures firm.

Ahead of the Open | June 28, 2021
Ahead of the Open | June 28, 2021

Ahead of the Open | June 28, 2021 Grain, soybean futures seen firmer as trade eyes Midwest weather, USDA acreage report.

Infrastructure package back on track after Biden walk back, but...
Infrastructure package back on track after Biden walk back, but...

EPA still not expected to grant many RFS waivers despite court ruling.

First Thing Today | June 28, 2021
First Thing Today | June 28, 2021

It was a wet weekend for the Midwest, but a dry, warm forecast for the Upper Midwest with heat moving into the Northern Plains keep weather concerns close at hand.