War-related higher energies are a mixed story for ags. They could stymie economic growth and thus demand, but they open the door for better biofuel sales. Ags were mostly in the green today, betting on the biofuel market. Reports Export Sales: Last week’s new commitments by foreign buyers for U.S. grains and oilseeds were generally improved. New wheat sales were up despite heading for the tail end of the marketing year, though still in the middle of market expectations. Corn sales were up over the previous week and still readily exceeding 1 MMT. Soybean sales were above expectations despite stronger pricing, as were meal sales.
Hogs & Pigs: USDA’s Hogs & Pigs report has mixed messaging. On the one han...
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...