Pesticide Policy: New and controversial Secretary of HHS, Robert F. Kennedy, Jr. says “Nothing is off limits” including agricultural chemicals...

In the week following the February WASDE, managed money traders’ sentiments towards the ag markets  changed relatively little. Funds perhaps mos...

The last session of this holiday shortened trading week was much like the week itself, mixed with mostly declines. Though hogs, HRS and soymeal all had gai...

U.S. Cattle on Feed on February 1, 2025 was down one percent from a year ago. The total was 11.7 million head in feedlots with a capacity of 1,000 or more...

Export Sales and Shipments for February 7-13, 2025. Wheat: Net sales of 532,700 metric tons (MT) for 2024/2025 were down 7 percent from the previous week,...

USDA released the monthly Cattle on Feed report today. The total cattle on feed inventory was 11.7 million head, at 99 percent of last year. Placements in...

Mar 25 Corn closed at $4.9125/bushel, down $0.0675 from yesterday's close.  Mar 25 Wheat closed at $5.9/bushel, up $0.045 from yesterday's close. ...

U.S. consumer spending patterns have undergone several significant shifts since the COVID-19 pandemic, and the food industry was no different. Since the pa...

There was lower volume in much of the market today, except in soybeans where there was a healthy double-digit gain. Market inputs are steady for the moment...

Mar 25 Corn closed at $4.98/bushel, up $0.005 from yesterday's close.  Mar 25 Wheat closed at $5.855/bushel, down $0.065 from yesterday's close. ...

USDA’s monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to...

The Market  The major action in global oilseed markets this past week has been in the vegoil realm, where tightening global supplies have pushed price...

Mar 25 Corn closed at $4.975/bushel, down $0.045 from yesterday's close.  Mar 25 Wheat closed at $5.92/bushel, down $0.1275 from yesterday's close.&nb...

The CBOT was mostly lower Wednesday as a stronger U.S. dollar and a general "risk-off" mentality drove the day’s weaker trade. Wheat futures saw the...

Rollins versus Kennedy With a vote of 72 – 28, Brooke Rollins became the 33rd U.S. Secretary of Agriculture and she achieved the fifth best Senate ap...

Russian Grain Markets: 10 – 14 February 2025 The market remained bullish with some regional deviations. Corn and barley prices froze along with expor...

Grain futures were weaker overnight following the long weekend and after President Trump announced a reciprocal tariff policy. The markets bounced back Tue...

After getting a slow start to the nomination process, Brooke Rollins is now the confirmed USDA Secretary, by virtue of a 72-28 confirmation vote last week...

Mar 25 Corn closed at $5.02/bushel, up $0.0575 from yesterday's close.  Mar 25 Wheat closed at $6.0475/bushel, up $0.0475 from yesterday's close. ...

EU’s Agriculture Vision The EU’s draft proposed “Vision” for agriculture will be released tomorrow and it is said to be “farm...

Managed money traders’ sentiments shifted last week, according to the latest CFTC report. Funds who had previously been bullish soybeans and corn, sh...

Mediterranean/Middle East/North Africa/Africa – MEA Region The 2025 dates for Ramadan are estimated to be 28 February until 30 March. The actual date...

There were surprisingly only modest trading volumes in this last trading session before a three-day holiday. There was no rush to escape positions. The liv...

Monday, 17 February, is a U.S. holiday. The CME/CBOT will be closed along with our offices in observance of the President’s Day holiday. The next Ag...

Mar 25 Corn closed at $4.9625/bushel, up $0.0275 from yesterday's close.  Mar 25 Wheat closed at $6/bushel, up $0.2225 from yesterday's close.  M...

Anyone following the hog and pork markets recently has seen the volatility that preceded the recent surge to new contract highs, and the lack of consensus...

Last Wednesday, the Mexican government formally repealed an import ban on genetically modified corn after the U.S. successfully argued the measure violated...

Wheat opened higher but the rest of the board was seeing red at the open. The market mood is cautious given improved weather in South America and uncertain...

Beef production is now forecast at 26.632 million pounds, an increase of 775 million pounds (+3 percent) from the January forecast. Before taking this numb...

Mar 25 Corn closed at $4.935/bushel, up $0.0325 from yesterday's close.  Mar 25 Wheat closed at $5.7775/bushel, up $0.035 from yesterday's close. ...

Export Sales and Shipments for January 31-February 6, 2025.  Wheat: Net sales of 569,600 metric tons (MT) for 2024/2025 were up 30 percent from the pr...

With the February WASDE in the rearview mirror and traders having contemplated the numbers for a while, the CBOT markets showed mixed reactions to the fund...

Mar 25 Corn closed at $4.9025/bushel, up $0.0625 from yesterday's close.  Mar 25 Wheat closed at $5.7425/bushel, down $0.0275 from yesterday's close.&...

India Concessions U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet tomorrow at the White House. Trump says other countries treat th...

Russian Grain Markets: 3 – 7 February 2025 The market remained bullish. Farmers keep sitting on grains expecting a better price amid rumours that end...

The ag markets were mostly higher heading into the February WASDE on hopes of bullish adjustments to U.S. exports and smaller ending stocks, as well as cut...

Federal Reserve Chairman Jerome Powell said last month that he would not resign from his position, even if asked to by Trump. Since the President did not m...

U.S. Africa Relations The Biden Administration started but failed to complete regional agreements like the Indo-Pacific Partnership for Prosperity (IP3) an...

Mar 25 Corn closed at $4.84/bushel, down $0.075 from yesterday's close.  Mar 25 Wheat closed at $5.77/bushel, down $0.025 from yesterday's close. ...

USDA made no change to U.S. ending stocks of soybeans for the 2024/25 season. The season-average soybean price is projected at $10.10 per bushel, down 10 c...

USDA made no change to U.S. ending stocks of corn for the 2024/25 season. The projected season-average farm price is raised 10 cents to $4.35 per bushel. G...

USDA made a small reduction in ending stocks of U.S. wheat by 4 million bushels to 794 million but are 14 percent above last year. The season-average farm...

President Trump’s tariffs on steel and aluminum imports are mostly pure protectionism. Canada, Brazil and Mexico are the main suppliers, not the stat...

Mediterranean/Middle East/North Africa/Africa – Mea Region Turkey’s wheat imports and exports are lower in 2024/25 due to restrictions by the T...

U.S. meat packer margins fell further last week as beef and, to a lesser extent pork, values contracted while animal procurement costs remain high. WPI&rsq...

Traders spent most of Monday preparing for the February WASDE report to be released Tuesday at Noon ET, which meant that the CBOT saw mostly weaker or rang...

China is set to implement retaliatory tariffs on a variety of U.S. goods starting as soon as today, further intensifying trade tensions between the two eco...

Greer Approval Jamieson Greer is expected to win approval from the Senate Finance Committee tomorrow to become the next U.S. Trade Representative. His hear...