Latest News From PRO FARMER

Crops Analysis | March 25, 2024

Livestock Analysis | March 25, 2024

Market Snapshot | March 25, 2024

Corn inspections during the week ended March 21 totaled 1.228 MMT, down nearly 100,000 MT on the week but more than double the same week a year-ago. Meanwhile, soybean inspections rose 68,000 MT on the week.

Grain futures are mildly firmer to open the week. Cattle futures are under pressure from last Friday's Cattle on Feed Report.

EU conducting investigations into major tech companies under Digital Markets Act

Corn traded in a tight range overnight while soybeans and wheat favored the upside. Volatility is likely to remain limited in corn until Thursday’s USDA reports.

Short-term trend turns bearish for cotton.

Corn and soybean futures swung to both sides of unchanged during the overnight session, while wheat favored the upside.

Next up in Congress: Aid for Ukraine & Israel; House farm bill focus in April and/or May

Evening Report | March 22, 2024

After the Bell | March 22, 2024

Crops Analysis | March 22, 2024

Livestock Analysis | March 22, 2024

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Market Snapshot | March 22, 2024

FY 2024 funding | Border tensions | Paraguayan beef trade | Labeling of cell-cultured meat & poultry products

Corn, soybeans and wheat each favored the downside overnight, though pared losses into the break.

Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.

WIC | CCC | SNAP | Biofuels, GREET, SAF | China | Farm income | Ag aid | Dairy

Evening Report | March 21, 2024

Creighton University's monthly survey finds negative outlook by bankers deepening but farmland values holding stable.

After the Bell | March 21, 2024

Crops Analysis | March 21, 2024

Annual report from Illinois Society of Professional Farm Managers and Rural Appraisers.

Livestock Analysis

Market Snapshot | March 21, 2024

Lower global prices to spur Chinese demand, Congress releases minibus bill and EU PMI rises...

FOMC details | Hearing on China | Billions for microchips | Tax bill fate | Second minibus

The Seasonal Drought Outlook calls for drought to persist across much of Iowa, Minnesota and Wisconsin through June.

Corn, soybeans and wheat each favored the upside overnight, though corn and soy went into the break well off session highs.

Weekly wheat sales were reported at (109,600) MT for the week ended March 14, which were down noticeably from the previous week. Corn and soybean sales were as expected.

Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.

Cash cattle prices nearing their record high posted in summer 2023.

Cash hogs continue the seasonal price climb.

Most Fed officials expect three rate cuts this year, but fewer committee members anticipate more than three reductions.

After the Bell | March 20, 2024

Crops Analysis | March 20, 2024

Livestock Analysis | March 20, 2024

Market Snapshot | March 20, 2024

May be around Memorial Day before details released on House farm bill

Congressional leaders announce funding deal, the People’s Bank of China kept benchmark lending rates unchanged and economists scramble to decipher dot plot from Fed...

Soybeans led the way higher, wheat saw weakness and corn was caught in the middle overnight. Each traded contrary to yesterday's price action.

Soybean futures reversed losses from the past two days during overnight trade, while corn and wheat faced price pressure.

After the Bell | March 19, 2024

Crops Analysis | March 19, 2024

Livestock Analysis | March 19, 2024

Market Snapshot | March 19, 2024

China approves GM corn and soybean seed, Bank of Japan raises rates and the EU to levy tariffs on Russia and Belarus...

Japan makes big moves | Gas prices surging | Food prices hitting Biden | FY 2024 deal