USDA will release its June supply and demand estimates (WASDE) this Wednesday at 11 a.m. CDT. Those who might be looking for big changes in acreage or yield estimates form the May numbers likely will be disappointed. USDA will be reluctant to make any wholesale changes this early in the season in spite of the extremely wet spring season and subsequent late planting. In addition, it has another series of very important reports that will be released on Friday, 28 June. These reports include the quarterly stocks numbers plus the updated planted acreage estimate that will be based on farmer surveys. It is also too early to have any kind of reliable information of the extent of insurance claims filed because of the wet weather and late plantin...
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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...