Latest News From PRO FARMER

Big weekly gains in cash grain and soybean prices.

Rural Mainstreet Index registers sight decline in optimism on farmland and ag equipment.

Market Snapshot | December 15, 2022 Grains, soybeans mostly lower as U.S. dollar surge, slumping equities outweigh stronger exports.

The National Weather Service (NWS) 90-day forecast continues to call for increased chances of below-normal precip across most of HRW wheat areas during the January through March period.

As of Dec. 13, 78% of the U.S. was experiencing abnormal dryness/drought, according to the U.S. Drought Monitor, seven points below the peak at the beginning of November.

Mexican officials to visit Washington Friday to defuse GMO corn trade dispute

J. P. Morgan raises China economic forecast, House passes short-term funding bill and Argy crop forecasts fall...

Corn, soybeans narrowly mixed, wheat firmer, as traders watch U.S., South American weather.

Weekly export data for week ended Dec. 8 showed corn topping expectations by nearly 60,000 MT, with wheat nearly 120,000 MT above the top-end range. Soybean export sales breached the top-end range by 943,000 MT.

Corn, soybean and wheat futures traded within narrow ranges in quiet, two-sided price action overnight.

Basis remains above average for both corn and soybeans.

Soybeans higher on soymeal strength, strong exports; winter wheat lower amid heavy snow in Northern Plains.

Livestock Analysis | December 14, 2022 Hog futures drop to two-month low as traders watch for signs of cash bottom; cattle lower as beef prices pull back.

Crops Analysis | December 14, 2022 Soybeans gain behind soymeal strength, strong exports; winter wheat lower amid heavy snow in Northern Plains.

Fed officials projected the federal funds rate will rise to 5.1% by the end of 2023, up from 4.6% projected in September.

Market Snapshot | December 14, 2022 Soy complex firmer as crude oil gains, corn, wheat futures under pressure.

Grain, soybean futures lower as market eyes S. America weather, waits for Fed decision.

Congress getting closer on omnibus spending accord likely completed next week

Corn, soybean and wheat futures traded solidly lower overnight despite supportive outside markets.

Soybean futures surge behind fresh export business, Argentina dryness; corn fades from initial gains, wheat mixed.

Livestock Analysis | December 13, 2022 Live cattle rise to three-week high on resurgent beef prices, weather concern; hog futures also higher.

Crops Analysis | December 13, 2022 Soybean futures rally behind fresh export business, Argentina dryness; corn fades from initial gains, wheat mixed.

Market Snapshot | December 13, 2022 Soybeans rally near 2 1/2-month high on fresh export business; corn, wheat higher as U.S. dollar sinks sharply.

Ukraine Grain Traders Union looks to bolster electricity supply, Congress pushes for budget extension and Cordonnier cuts Argy crop estimates...

Corn, wheat climb to highest levels in over a week, soybeans also firmer amid supply, weather concerns.

European Parliament in Brussels agreed to enforce the world’s first carbon border tax

Corn and wheat futures extended Monday’s corrective gains overnight, while the soybean market recouped a small portion of yesterday’s losses.

Soybeans drop over 20 cents as weekend rains bring relief to Argentina; wheat up sharply on Ukraine concern, corn also firmer.

Livestock Analysis | December 12, 2022 Live cattle end near three-week high on firm cash expectations; hogs drop near two-month low on soft cash.

Crops Analysis | December 12, 2022 Soybeans tumble over 20 cents as weekend rains bring relief to Argentina; wheat up sharply, corn also firmer.

Market Snapshot | December 12, 2022 Soybeans sharply lower after weekend rain brings relief to Argentina; wheat up sharply, corn firmer.

Weekly export inspections for Dec. 8, revealed corn and wheat on the shallow-end of expectations, while soybeans proved mid-range. Each were notably lower than the previous week's data.

Soybeans and soymeal are under hefty pressure with corn and wheat moving higher. Live cattle futures are choppy with feeders under pressure while lean hog futures soften.

Soybean futures lower in wake of higher USDA stocks, Argentina rains; corn and wheat higher

Short-term trend turns sideways for lean hog futures.

Soybean, soymeal and soyoil futures faced moderate to heavy pressure overnight, while the corn and wheat markets firmed.

Fusion breakthrough | Crude prices rise | Another stopgap spending measure likely

Another Fed rate hike is coming this Wed., but what follows?

Odds rising rice aid will be part of omnibus spending measure

Soybeans post sharp weekly gain behind soaring soymeal, China demand; corn ends firmer, wheat extends slide.

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USDA made no changes to the soybean or wheat balance sheets this month.

Corn ending stocks landed on the higher end of pre-report expectations due to a reduction in exports, while soybean ending stocks were unchanged. However, corn world ending stocks proved short of pre-report estimates.

Livestock Analysis | December 9, 2022 Hog futures down sharply for week, end near two-month low on cash disappointment; cattle higher for week.

Crops Analysis | December 9, 2022 Soybeans post sharp weekly gain behind soaring soymeal, China demand; corn ends firmer, wheat extends slide.

Erdogan will work to smooth Black Sea grain export deal, Chinese hog futures tank and France boasts excellent wheat crop...

Market Snapshot | December 9, 2022 Corn rises to high for week, soybeans and wheat lower as trade awaits USDA Supply & Demand numbers.

Grain, soybean futures mixed-firmer, in narrow ranges ahead of monthly USDA Supply & Demand update

Producer Price Index Rises More Than Expected

Corn, soybeans and wheat traded mildly higher in light overnight action as traders awaited USDA’s December crop reports later this morning.