The next major USDA reports are scheduled to be released on Wednesday, 12 September. These will include new crop production estimates and the revised monthly supply and demand estimates (WASDE). The question for the markets will be this: What do we trade on between now and 12 September? Here are some things to consider about this potential dead zone for the markets:
Corn Belt weather has become a non-event. Rains will not help corn or soybean yields. What's there is there. Virtually every analytical group already has released its yield and production estimates, including the Pro Farm tour, Informa, etc. It is doubtful we will see any revisions from the private side until after the USDA numbers are released. We all know the U.S. corn...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
