The weekly USDA/FASS export sales report has been delayed until tomorrow (Friday) morning because of the winter storm that forced the closure of government offices in Washington, DC yesterday. Grain and soy prices were slightly firmer during the overnight session with winter wheat leading the way. That leadership continued during the day session, at least from KC HRW. Last night’s weather model run withdrew chances of any meaningful rain over the western half of the HRW belt for the next 10 days, and the morning GFS run confirmed that reading. Models do indicate more heavy rains are likely from east Texas, the Delta and Mid-South into the southern Midwest, which will maintain the wet pattern over these areas of the last few weeks. Fi...
Accountability and a comprehensive approach to export programming
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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...