USDA data for week ending August 9, 2018:
Wheat: Net sales of 803,000 MT for 2018/2019--a marketing-year high--were up noticeably from the previous week and from the prior 4-week average. Corn: Net sales of 339,000 MT for 2017/2018 were down 39 percent from the previous week and 26 percent from the prior 4-week average. Soybeans: Net sales of 133,400 MT for 2017/2018 were down 68 percent from the previous week and 52 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 207,200 MT for 2017/2018 were up 89 percent from the previous week and 71 percent from the prior 4-week average. Soybean Oil: Net sales of 4,800 MT for 2017/2018 were do...
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...
