A combination of low commodity prices and an early Chinese New Year helped U.S. agricultural exports to China reach new heights in January. Meanwhile, Chinese farmers have suffered acutely from Beijing’s efforts to reform its domestic corn market.
Market Trends Total U.S. Agricultural Exports Reach New Heights in January A combination of low commodity prices and an early Chinese New Year helped U.S. agricultural exports to China reach over 6.09 MMT in January, a record for the month that surpassed the previous all-time high of 5.77 MMT set in 2014. By contrast, those low commodity prices resulted in a total value of just $2.82 billion, the third-best for the month of January overall. Compared with this past December, tota...
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...
