Markets have been concentrating on the start to the U.S. growing season, and that will continue to be the dominant market factor for the next 30-60 days. However, there are several other issues that might start to attract more of their attention.Markets have been concentrating on the start to the U.S. growing season, and that will continue to be the dominant market factor for the next 30-60 days. However, following are other issues that might start to attract more of their attention:
The pace of old crop corn and soybean export sales/shipments continues to be better than most expected, including USDA. Corn shipments are up 44 percent from last year, and soybean shipments have already set a new marketing year record with a 17 percent incr...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
