Corn Market Thanks to a week of minimal rainfall across Argentina’s agricultural region, the corn harvest is gaining momentum. Weekly progress...
Articles
Market Commentary: Mixed Day but a Hot CoF Report After the Close
The fundamentals are unchanged but there is a cloud overhead due to the impending tariff war and the headwinds that portends. So, the market today and all...
Cattle on Feed - March 2025
U.S. Cattle on Feed in U.S. feedlots with capacity of 1,000 or more head was 11.6 million head on March 1, 2025. The inventory was 2 percent below March 1,...
Cattle on Feed
USDA released the monthly Cattle on Feed report today. The total inventory in feedlots of 1,000 head or more capacity is 11.6 million head, 98 percent of l...
Summary of Futures
May 25 Corn closed at $4.6425/bushel, down $0.0475 from yesterday's close. May 25 Wheat closed at $5.5825/bushel, up $0.01 from yesterday's close.&nb...
Cow-Calf Revenues and Producer Responses to Inflation
Southern Plains cow-calf producers saw excellent profitability in 2024, which, by some measures, was the best in history. Current prices indicate that 2025...
Market Commentary: Export Sales, Weather Mix the Markets
Wheat was the ball and chain while corn was the balloon in today’s trading. The weekly USDA Export Sales report from USDA was notable for wheat with...
Export Sales
Export Sales and Shipments for March 7-13, 2025 Wheat: Net sales reductions of 248,800 metric tons (MT) for 2024/2025--a marketing-year low--we...
Summary of Futures
May 25 Corn closed at $4.69/bushel, up $0.07 from yesterday's close. May 25 Wheat closed at $5.5725/bushel, down $0.0625 from yesterday's close. ...
Oilseed Highlights: U.S. Exports Stumble; China Crush Falls
The Market The weekly Export Sales report was disappointing for soybeans as old crop net sales fell by half from the prior week and new crop net sale...
Livestock Roundup: High Prices and China Persist
What a difference a year makes! No one will forget how out of balance cattle markets were in 2022 with margins steeply favoring the packer, while feedlots...
Market Commentary: U.S., Paris Wheat Diverge; Corn Consolidates; New Highs for Cattle
Except for the wheat market, the CBOT and CME largely continued their existing trends on Wednesday. Wheat futures offered perhaps the most interesting trad...
Summary of Futures
May 25 Corn closed at $4.62/bushel, up $0.0325 from yesterday's close. May 25 Wheat closed at $5.635/bushel, down $0.015 from yesterday's close. ...
Trade War Fractures
Today was National Agriculture Trade Day, an effort to boost awareness about the benefits of trade to the sector. However, the milestone also sparked debat...
Black Sea Regional Analysis
Russian Grain Markets: 10 – 14 March 2025 Probably for the first time in recent history the Russian Ministry of Agriculture has announced crop produc...
Livestock Industry Margins
Livestock industry margins were mostly lower last week as rising input costs crimped the profitability outlook. Declines were greatest for feedlot placemen...
Market Commentary: Grains Consolidate while Cattle Rally and Form Reversal
Once again, the big action in the ag futures markets was in the cattle markets, where futures hit new contract and all-time highs for the second straight d...
Cattle Markets Still Screwy
The cattle marketing year is off to a strange start. In the first eight weeks of 2025, weekly carcass weights have averaged 40 pounds more than the same pe...
Summary of Futures
May 25 Corn closed at $4.5875/bushel, down $0.0225 from yesterday's close. May 25 Wheat closed at $5.65/bushel, down $0.035 from yesterday's close.&n...
‘Dirty 15’; Ukraine’s Ag Exports; WTO and National Security
‘Dirty 15’ Treasury Secretary Scott Bessent said that the Trump Administration may provide one unique number as the newly applied general tarif...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia and Algeria are seeing swarms of desert locusts coming from Libya on current stron...
Market Commentary: Wheat Rallies on Dry Plains Weather; Cattle Futures Hit New Records
The CBOT saw wheat lead the way higher as traders are increasingly concerned about dry weather in the U.S. Southern Plains, as well as parts of the Black S...
Summary of Futures
May 25 Corn closed at $4.61/bushel, up $0.025 from yesterday's close. May 25 Wheat closed at $5.685/bushel, up $0.115 from yesterday's close. M...
Budget Deal Made Just in Time
The House of Representatives and the U.S. Senate have both passed the full-year Continuing Appropriations Act, which would fund the government under a cont...