After closing out 2016 with a solid November and a record December, U.S. sorghum exports to China began 2017 by setting a new record for the month of January. While the outlook is somewhat opaque due to local factors there, they are on pace to have the third-best first quarter ever.
Oilseeds Markets Closed for Weekend Ming Holiday The Ching Ming Holiday, a four-day celebration in remembrance of ancestors that is also known as the Grave Sweeping Day, began 1 April. In essence, it focuses on the rebirth of spring, the visiting of ancestors’ grave sites, and the renewal of those sites with fresh flowers and thorough cleaning. While updated numbers for the end of March can be expected next week, the drawdown of imported soybe...
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...
