Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
Beef packer margins slipped modestly for the first time in four weeks, declining $15/head to -$78 as fed cattle prices firmed while boxed beef values continued to weaken. The Choice cutout eased another $2.63/cwt to $364.69, while dressed cattle prices fell only $2.76/cwt to $362.25/cwt, limiti...
Dec 26 Corn closed at $4.655/bushel, down $0.07 from yesterday's close. Sep 26 Wheat closed at $6.385/bushel, down $0.125 from yesterday's close. Nov 26 Soybeans closed at $11.7775/bushel, down $0.145 from yesterday's close. Dec 26 Soymeal closed at $318.4/short ton, down $3.2...
Key Takeaways: Offal represents an important segment of global meat trade by adding value to underutilized portions of livestock carcasses and improving overall resource efficiency. Strong export demand for products such as pork variety meats and chicken feet allows processors to maximize carc...
Beef packer margins slipped modestly for the first time in four weeks, declining $15/head to -$78 as fed cattle prices firmed while boxed beef values continued to weaken. The Choice cutout eased another $2.63/cwt to $364.69, while dressed cattle prices fell only $2.76/cwt to $362.25/cwt, limiti...
Dec 26 Corn closed at $4.655/bushel, down $0.07 from yesterday's close. Sep 26 Wheat closed at $6.385/bushel, down $0.125 from yesterday's close. Nov 26 Soybeans closed at $11.7775/bushel, down $0.145 from yesterday's close. Dec 26 Soymeal closed at $318.4/short ton, down $3.2...
Key Takeaways: Offal represents an important segment of global meat trade by adding value to underutilized portions of livestock carcasses and improving overall resource efficiency. Strong export demand for products such as pork variety meats and chicken feet allows processors to maximize carc...
Easing tensions in the Strait of Hormuz, assuming the ceasefire holds, should bring fertilizer prices down, but it could be years before that actually occurs because fertilizer price shocks resulted from not one, but two wars in or near the heart of global fertilizer production. Those wars resu...
What You Need to Know Today: U.S. Treasury Secretary Bessent said the U.S. and Iran could “today or tomorrow” reach a deal to reopen the Strait of Hormuz. Despite the Secretary’s claims, an attack on a vessel off the Omani coast suggests plenty of risk remains in forming a lo...
Easing tensions in the Strait of Hormuz, assuming the ceasefire holds, should bring fertilizer prices down, but it could be years before that actually occurs because fertilizer price shocks resulted from not one, but two wars in or near the heart of global fertilizer production. Those wars resu...
Mediterranean/Middle East/North Africa/Africa – MEA Region TMO, the Turkish Grain Board, has announced that milling wheat exports were allowed as of 29 July due to “sufficient domestic supplies.” All milling wheat exports will require approval of an export application; approva...
What You Need to Know Today: President Trump suspended the planned attacks on Iran and announced that the pieces for a framework for peace were in place in a weekend social media post. Iran, however, later said no efforts were underway to conduct negotiations with the U.S., though Oman indicat...
The escalating impacts of Russia and Ukraine’s recent attacks and counter attacks in the Black Sea continues to drive bullish CBOT sentiments. Managed money traders purchased 122,000 contracts across the ag markets, expanding their all-ags net long 27 percent in the process. The biggest d...
Dec 26 Corn closed at $4.725/bushel, up $0.085 from yesterday's close. Sep 26 Wheat closed at $6.51/bushel, up $0.1175 from yesterday's close. Nov 26 Soybeans closed at $11.9225/bushel, up $0.0475 from yesterday's close. Dec 26 Soymeal closed at $321.6/short ton, up $0.4 from...
Key Takeaways: E15 expansion would support corn and ethanol demand by increasing domestic biofuel consumption and reducing reliance on petroleum-based fuels. Year-round E15 has gained bipartisan momentum, but the policy remains in legislative limbo as lawmakers continue to negotiate provisions...
Late Friday afternoon, Chairman John Boozman (R-Arkansas) released an updated draft of the Senate farm bill. The farm bill markup is scheduled for Thursday, 6 August at 9:30 a.m. Eastern time. Boozman has been negotiating with Ranking Minority Member Senator Amy Klobuchar (D-Minnesota) to craft...
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