What You Need to Know Today: Russia rejected calls for a ceasefire in the Black Sea, including a proposal to halt attacks on civilian shipping that could help restore grain flows from Ukrainian ports. Tyson Foods announced plans to permanently close its Joslin, Illinois, beef processing facili...
Dec 26 Corn closed at $4.8325/bushel, up $0.1125 from yesterday's close. Sep 26 Wheat closed at $6.7475/bushel, up $0.22 from yesterday's close. Nov 26 Soybeans closed at $11.925/bushel, up $0.1025 from yesterday's close. Dec 26 Soymeal closed at $316.3/short ton, up $2.3 from...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
Dec 26 Corn closed at $4.8325/bushel, up $0.1125 from yesterday's close. Sep 26 Wheat closed at $6.7475/bushel, up $0.22 from yesterday's close. Nov 26 Soybeans closed at $11.925/bushel, up $0.1025 from yesterday's close. Dec 26 Soymeal closed at $316.3/short ton, up $2.3 from...
The Bureau of Labor Statistics (BLS) released the Consumer Price Index (CPI) on Wednesday. In July, the CPI rose 0.1 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy, or the “core” infla...
We have described the long-term investment climate in crop and livestock production, using data primarily from the Bureau of Economic Analysis (BEA). The data provided background on the current investment climate and outlook for agricultural capital formation. Our conclusion was that investment...
Dec 26 Corn closed at $4.72/bushel, down $0.0875 from yesterday's close. Sep 26 Wheat closed at $6.5275/bushel, up $0 from yesterday's close. Nov 26 Soybeans closed at $11.8225/bushel, down $0.01 from yesterday's close. Dec 26 Soymeal closed at $314/short ton, down $1.1 from y...
The big news in the cattle markets yesterday was Tyson Foods’ move to close two more beef plants. One of them, the Joslin, Illinois, plant was shuttered immediately after the announcement. The other, in Eagle Mountain, Utah, is a case-ready plant that does not slaughter cattle. Tyson also...
Dec 26 Corn closed at $4.72/bushel, down $0.0875 from yesterday's close. Sep 26 Wheat closed at $6.5275/bushel, up $0 from yesterday's close. Nov 26 Soybeans closed at $11.8225/bushel, down $0.01 from yesterday's close. Dec 26 Soymeal closed at $314/short ton, down $1.1 from y...
What You Need to Know Today: Wholesale inflation was flat in July, with the Producer Price Index (PPI) unchanged versus expectations for a 0.2 percent increase. Core PPI rose 0.2 percent, also below expectations. The softer inflation data has reduced the odds of a September interest rate incre...
Key Takeaways: The U.S. sheep industry is contracting. Lamb output and producer participation have declined sharply. Imports now account for most U.S. lamb consumption. Their roughly 70 percent share raises concerns about domestic capacity and resilience. USTR’s referral carries substant...
Yesterday, the USDA released its monthly World Supply and Demand Estimates (WASDE), forecasting tighter beef and pork supplies and growing broiler supplies, resulting in a tighter red meat supply. Broiler production, however, continues to grow and is forecast to be up more than 3 percent. Beef...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Key Takeaways: Dry bulk freight markets are higher this week as activity in Asia and off the ECSA picks up. President Trump extended the Jones Act waiver for another 90 days this week, allowing foreign-flagged vessels to transport oil and other goods between U.S. ports. A container...
Dec 26 Corn closed at $4.8075/bushel, up $0.2025 from yesterday's close. Sep 26 Wheat closed at $6.5275/bushel, up $0.225 from yesterday's close. Nov 26 Soybeans closed at $11.8325/bushel, up $0.145 from yesterday's close. Dec 26 Soymeal closed at $315.1/short ton, up $4.2 fro...
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