USDA will release its monthly WASDE (supply/demand) estimates and another round of corn and soybean crop production estimates on 12 September. However, there are really only four numbers that will be very important to the markets.USDA will release its monthly WASDE (supply/demand) estimates and another round of corn and soybean crop production estimates on 12 September. However, there are really only four numbers that will be very important to the markets, and following is a discussion of each:
The August USDA corn yield estimate was much higher than expected at 175.1 bushels/acre. This beat the previous record of 171 bushels/acre in 2014. The yield estimate was a surprise because it was pushed that high in August, which is early. In add...
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...
