The markets were very quiet overnight and this morning until they turned weak an hour ahead of the 12 p.m. (EDT) USDA report release. This was the same pattern as in recent months, and it's been a long time since there's been a bullish report. General Comments The markets were very quiet overnight and this morning until they turned weak an hour ahead of the 12 p.m. (EDT) USDA report release. This was the same pattern as in recent months, and it's been a long time since there's been a bullish report. The trade wasn't expecting any significant changes in the U.S. corn or soybean production estimates. The average trade guesses were for very small reductions. In fact, USDA did trim the corn yield by 1.3 bushels/acre, but it increased the soyb...
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...
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