Final planted numbers are unknown until late this month and the spread on that outcome is wide, but weather is only a theoretical threat to what could be a big U.S. crop. USDA’s weekly Crop Progress report was released after the market close, but the crop conditions were already viewed as very good. It was a second straight session with most contracts lower except soyoil and hogs, which found a way higher. The wheat crop got more news late today on why its price is falling. But first - a dozen private analysts surveyed by Reuters expected the corn and soybeans rated Good/Excellent to each fall by 1 percent to 73 percent and 71 percent, respectively. However, both dropped 2 percent but still are categorized in historicall...
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What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...