Markets started lower Sunday night, and that weakness accelerated into widespread selling across the wheat and soybean markets today. Some of the same bearish factors took center stage again, including the following:
Lack of progress in the trade talks with China Possibility of late week rain in parts of the northern and southern Plains plus a chance for some precipitation across the Black sea region Expectations that U.S. corn planting could have reached 40 percent completion in today’s crop progress report The pending May WASDE (supply/demand) to be released Thursday
As it is too early to do anything else, most assume that USDA will use trend-line yields (or close) on the supply side and be conservative on the demand side i...
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...
