What You Need to Know Today: Oil prices extended their rally Tuesday as disruptions to global supplies intensified. Saudi Arabia halted crude loadings at its Yanbu Red Sea port following the shutdown of the East-West Pipeline, while protests by oil-sector security workers forced the suspension...
Dec 26 Corn closed at $5.3575/bushel, up $0.025 from yesterday's close. Dec 26 Wheat closed at $7.285/bushel, up $0.065 from yesterday's close. Nov 26 Soybeans closed at $13.1875/bushel, up $0.145 from yesterday's close. Dec 26 Soymeal closed at $365.4/short ton, up $9.2 from...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s grain imports have fallen off in recent weeks due to several reasons, according to local experts — large imports of maize earlier in the year built up good stocks, while the availability of local maize has sinc...
Beef packer margins deteriorated to $156.75/head last week, down $46.05 from the prior week as fed cattle prices strengthened while gains in the Choice cutout were comparatively modest. The Choice cutout increased...
Dec 26 Corn closed at $5.3575/bushel, up $0.025 from yesterday's close. Dec 26 Wheat closed at $7.285/bushel, up $0.065 from yesterday's close. Nov 26 Soybeans closed at $13.1875/bushel, up $0.145 from yesterday's close. Dec 26 Soymeal closed at $365.4/short ton, up $9.2 from...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt’s grain imports have fallen off in recent weeks due to several reasons, according to local experts — large imports of maize earlier in the year built up good stocks, while the availability of local maize has sinc...
Beef packer margins deteriorated to $156.75/head last week, down $46.05 from the prior week as fed cattle prices strengthened while gains in the Choice cutout were comparatively modest. The Choice cutout increased...
Dec 26 Corn closed at $5.3325/bushel, up $0.03 from yesterday's close. Dec 26 Wheat closed at $7.22/bushel, down $0.0325 from yesterday's close. Nov 26 Soybeans closed at $13.0425/bushel, up $0.0775 from yesterday's close. Dec 26 Soymeal closed at $356.2/short ton, up $3.4 fro...
The USDA has lowered its 2026 red meat production forecasts while leaving poultry almost unchanged. Beef is now projected at 24.877 billion pounds, 90 million pounds below August on slower Q3 fed cattle slaughter and lighter dressed weights, along with an anticipated counterseasonal cutback in...
Dec 26 Corn closed at $5.3325/bushel, up $0.03 from yesterday's close. Dec 26 Wheat closed at $7.22/bushel, down $0.0325 from yesterday's close. Nov 26 Soybeans closed at $13.0425/bushel, up $0.0775 from yesterday's close. Dec 26 Soymeal closed at $356.2/short ton, up $3.4 fro...
What You Need to Know Today: Oil prices moved higher early Monday before giving back some of their gains after drone attacks forced the shutdown of Saudi Arabia’s East-West Pipeline, a critical route for bypassing constrained shipping through the Strait of Hormuz. The disruption puts rou...
Key Takeaways: Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 1 percent below our August outlook and will be 1.2 percent below 2025 levels. Feed costs have lessen...
The Senate will reconvene today after a late August recess and will adjourn in early October, in about 3 to 4 weeks. The farm bill will move front and center on the agenda. A major fly-in is scheduled for today and Tuesday, with the goal of hitting all Senate offices. Groups participating in th...
Corn Argentina Corn planting for Argentina’s 2026/27 commercial crop is now underway, with 1.5 percent of the projected 8.4 Mha already seeded. Progress is concentrated mainly in central-northern Santa Fe, where around 13 percent of the regional area has been planted. At the same time, fa...
Soybeans, soymeal, and corn all reached a record net-long through Tuesday’s reporting deadline, although overall fund positioning across ag was mixed. Managed money traders bought 24,000 contracts across the ag markets through last Tuesday’s data reporting deadline, pushing the tota...
USDA’s September WASDE outlook for 2026/27 U.S. soybeans is for reduced ending stocks by 10 million bushels to 310 million. The U.S. season-average soybean price is forecast at $12.00 per bushel, up $0.60 from last month: Soybean meal price is increased $30 to $340 per short ton, and the...
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