General Comments Markets opened stronger than expected Sunday evening led by soybeans that started out 10 to 15 cents higher. Soybeans quite quickly moved to gains of 20 cents with wheat and corn 8-10 cents higher and that's where they sat the rest of the night. It was (again) all about weather. The forecasts look hot and dry in the western Corn Belt and just dry across much of the eastern Corn Belt. Weekend rains were basically non-existent. This weather will quickly add stress to corn and soybeans across the northern half of the western Corn Belt.The Pro Farmer crop tour also started this morning and the very early returns were about as expected. Very good conditions were reported from Ohio with mixed conditions from South Dakota.The...
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What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...