Markets were soft again in the Thursday evening session and started lower today. They were expecting some pre-weekend hedge selling, although farmers continue to be tight holders of the big soybean and corn crops. General Comments Markets were soft again in the Thursday evening session and started lower today. This could be the last of the big harvest weekends with expectations that Monday’s crop progress report will show that 80 percent of the soybean harvest and more than 60 percent of the corn harvest could be complete. The markets were expecting some pre-weekend hedge selling, although farmers continue to be tight holders of these big crops. Weather looks good for rapid harvest progress next week.There wasn’t much other news to end th...
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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...