GOOD MORNING, Report time and we will be more informed after we see the numbers. Wheat gets a boost from comments from Russia about trying to contain rising domestic prices, which suggests they may decide to limit exports once again. Shorts in wheat cover and the chart builds on gains from the overall lows. All prices are higher trending back towards the middle of recent ranges. In other stories, Chinese farmers are said to be selling their corn crops faster than usual, with most major producing areas said to be 40-50% sold, according to one trading firm. Beijing has signaled that prices are too high and that there could be more policy intervention if prices remain elevated. Brazil's CONAB released it...
Accountability and a comprehensive approach to export programming
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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...