There are a number of reasons why USDA's numbers in its 12 August report may have a significant impact on prices.USDA will provide its first corn and soybean crop production estimates based on actual producer surveys, objective test plots, etc. 12 August. These production estimates will be incorporated into its August WASDE (supply/demand) forecasts that will be released at the same time. There's a chance these numbers can have a significant impact on prices for a number of reasons:
USDA resurveyed planted acreage during early July in those states that were so wet in June. Some analysts believe soybean acres could decline by 1-2 million acres from the 30 June acreage report and July WASDE. Based on the 46 bushels/acre yield estimate used...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
