Markets started the week slightly easier Sunday evening on very limited trading volume with Minneapolis March at just 200 contracts. Meanwhile, March corn and Chicago wheat traded 8,000-10,000 contracts. What started as a marginally “red” day gradually turned into more solid losses for corn, wheat and soybeans as fund selling increased throughout the morning. USDA will release an important series of reports this Friday that will include:
Final 2017 U.S. corn and soybean production estimates U.S. and world supply/demand revisions (WASDE) Quarterly stocks estimates U.S. winter wheat planting intentions
The only one of these reports that is expected to show any bullish trend is the winter wheat planting estimate. While la...
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...
