Macro: Treasury Squeezes Yields, the Dollar Gives Way Today’s markets are offering a lesson in pressure: it rarely disappears — it simply moves. The U.S. Treasury stepped into the bond market after long-term yields surged to levels not seen in nearly two decades. By announcing plans...
Dec 26 Corn closed at $4.98/bushel, up $0.1 from yesterday's close. Dec 26 Wheat closed at $6.975/bushel, up $0.1625 from yesterday's close. Nov 26 Soybeans closed at $12.3725/bushel, up $0.205 from yesterday's close. Dec 26 Soymeal closed at $325.6/short ton, up $6.8 from yes...
Key Takeaways: With cattle supplies historically tight and packer margins deeply negative, beef processors are reducing excess slaughter capacity, with decisions over which plants to close driven by cattle availability, operating efficiency, and the ability to maintain high utilization rates...
Russian Grain Markets: 10–14 August 2026 The Russian grain market continued to weaken sharply during the second week of August as the Black Sea logistics situation deteriorated. Russia and Ukraine continued exchanging drone and ballistic attacks on seaports, infrastructure and commercial...
Dec 26 Corn closed at $4.98/bushel, up $0.1 from yesterday's close. Dec 26 Wheat closed at $6.975/bushel, up $0.1625 from yesterday's close. Nov 26 Soybeans closed at $12.3725/bushel, up $0.205 from yesterday's close. Dec 26 Soymeal closed at $325.6/short ton, up $6.8 from yes...
Key Takeaways: With cattle supplies historically tight and packer margins deeply negative, beef processors are reducing excess slaughter capacity, with decisions over which plants to close driven by cattle availability, operating efficiency, and the ability to maintain high utilization rates...
Russian Grain Markets: 10–14 August 2026 The Russian grain market continued to weaken sharply during the second week of August as the Black Sea logistics situation deteriorated. Russia and Ukraine continued exchanging drone and ballistic attacks on seaports, infrastructure and commercial...
Dec 26 Corn closed at $4.88/bushel, down $0.015 from yesterday's close. Dec 26 Wheat closed at $6.8125/bushel, down $0.08 from yesterday's close. Nov 26 Soybeans closed at $12.1675/bushel, up $0.0075 from yesterday's close. Dec 26 Soymeal closed at $318.8/short ton, up $0.1 fr...
Key Takeaways: Weather conditions in Europe have continued to deteriorate following both the EU MARS’ latest balance sheet update and the August WASDE, leaving “official” estimates lagging behind the reality observed on the ground. WPI’s models anticipate a 4 perc...
Dec 26 Corn closed at $4.88/bushel, down $0.015 from yesterday's close. Dec 26 Wheat closed at $6.8125/bushel, down $0.08 from yesterday's close. Nov 26 Soybeans closed at $12.1675/bushel, up $0.0075 from yesterday's close. Dec 26 Soymeal closed at $318.8/short ton, up $0.1 fr...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
Key Takeaways: Brazil’s growing role in global agriculture is accompanied by a major vulnerability: the country imports approximately 88 percent of its fertilizer needs. High natural gas costs and development challenges have limited domestic nitrogen and potash production despite Brazil&...
Beef packer margins improved sharply to -$51/head last week, up $116 from the prior week as the Choice cutout strengthened while fed cattle prices declined. The cutout rebounded to $369/cwt while fed cattle prices fell to $229/cwt, producing a substantial recovery in packer margins. Profits rem...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
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