USDA reports:
Wheat: Net sales of 377,100 metric tons for 2018/2019 were up 14 percent from the previous week, but down 25 percent from the prior 4-week average. Corn: Net sales of 1,266,500 MT for 2018/2019 were up 44 percent from the previous week and 77 percent from the prior 4-week average. Soybeans: Net sales of 628,800 MT for 2018/2019 were down 8 percent from the previous week, but up 50 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 189,500 MT for 2018/2019 were down 18 percent from the previous week and 39 percent from the prior 4-week average. Soybean Oil: Net sales of 9,200 MT for 2018/2019 were down 77 percent from the previous week and 63...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
