USDA will release its quarterly Hogs and Pigs report tomorrow. The pre-report estimate is as follows: The pigs per litter for March through May is forecas...
Articles
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Jordan’s wheat reserves are reportedly at 10 month consumption with barley supply at...
CFTC COT Report Analysis
The attached PDF offers graphical depiction and seasonal analysis of managed money and commercial traders' net position in key agricultural commodity marke...
Market Commentary: Weather Not War Tanks the Market
Ags were mostly bearish on weather and an expected improving Crop Progress report, though the latter did not turn out that way. Equities opened partly in t...
Summary of Futures
Jul 25 Corn closed at $4.1925/bushel, down $0.095 from yesterday's close. Sep 25 Wheat closed at $5.695/bushel, down $0.14 from yesterday's close.&nb...
Mercosur Regional Analysis
Wheat Argentina’s wheat planting advanced by 21.8 percentage points last week and now covers 60.3 percent of the projected 6.7 Mha for the 2025...
Dairy Herd Grows to Four Year High
Last Friday, the May dairy production totals were released, and USDA says milk production went up again in May. Production nationwide rose 1.6 percent, and...
European Market Analysis
Regional News The weather patterns remain unfavorable for EU and UK summer crop development with above-average temperatures forecast for the next 15...
Cattle on Feed - June 2025
U.S. Cattle on Feed totaled 11.4 million head on June 1, 2025. This was down 1 percent from June 1, 2024. Placements in feedlots during May totaled 1...
Market Commentary: A Day and a Week of Surprises
There isn’t always a common theme across markets. Sometimes a session starts amid diverse influences. Sometimes, shorts or longs will dominate an ope...
Livestock Roundup: Cattle on Feed
USDA’s monthly cattle on feed report was released today. Total cattle on feed amounted to 11.4 million head, 99 percent of last year. &n...
Summary of Futures
Jul 25 Corn closed at $4.2875/bushel, down $0.0475 from yesterday's close. Jul 25 Wheat closed at $5.6775/bushel, down $0.065 from yesterday's close...
Cow-Calf Profitability Improves, Indicates Herd Rebuilding
Southern Plains cow-calf producers’ margin outlook continues to improve despite the recent pullback in feeder cattle prices. Returns on an inflation-...
WPI Transportation Report
Dry Bulk Markets Dry bulk markets were mixed this week with Capesize vessel rates initially pushing higher, but then failing on reduced coal, iron ore, and...
Summary of Futures
Jul 25 Corn closed at $4.3275/bushel, down $0.0075 from yesterday's close. Jul 25 Wheat closed at $5.7375/bushel, down $0.005 from yesterday's close...
Market Commentary: Wheat and War Rattle Ahead of Holiday
Corn and soybeans closed lower overnight and danced that way this morning but once again could not resist the pull of wheat higher. The wheat market double...
Livestock Roundup: Big Cattle on Feed Report on Friday
USDA’s monthly cattle on feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on f...
Summary of Futures
Jul 25 Corn closed at $4.335/bushel, up $0.02 from yesterday's close. Jul 25 Wheat closed at $5.7425/bushel, up $0.2525 from yesterday's close. ...
U.S. Juneteenth Holiday
The CBOT/CME markets and our offices will be closed tomorrow, Thursday, 19 June in observance of the U.S. Juneteenth holiday. Please note that the next Ag...
Black Sea Regional Analysis
Russian Grain Markets: 9 – 13 June 2025 The grains market saw no major changes especially with two days of holidays when the country celebrated Russi...
Market Commentary: Grain Consolidation Begins while Cattle Correction Continues
With the notable exception of soyoil, the CBOT was mostly higher on Tuesday with funds covering shorts ahead of the midweek holiday amid a few bullish head...
One Big Beautiful Bill Unveiled in the Senate
The Senate Finance Committee and its chairman Senator Mike Crapo (R-Idaho) have unveiled their tax bill as part of budget reconciliation to extend the 2017...
Summary of Futures
Jul 25 Corn closed at $4.315/bushel, down $0.0325 from yesterday's close. Jul 25 Wheat closed at $5.49/bushel, up $0.125 from yesterday's close. ...
G7 Disappointments; Deregulation and Consolidation
G7 Disappointments The Israeli-Iran war stole the thunder of the G7 meeting in Canada and while President Trump said ahead of the conference that he hoped...