The corn/soybean yield debates continue, and there are big swings in the various yield and acreage estimates. USDA will include its special acreage survey in the August WASDE, which most analysts believe will reflect 1-1.5 million fewer soybean acres.
U.S. domestic rail freight continues to be cheap. Corn and wheat exports are far below last year's levels, and strong soybean exports can't make up the difference. USDA estimates total corn, wheat and soybean exports from the U.S. will be down about 6 MMT. There has also been no pressure created by farmer selling. Soybean stocks are down significantly from levels expected just a month ago. Corn supplies are still big, but they are not as large as once expected. Low prices have kept a...
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...
