General Comments The up-down-up-down pattern of futures market price action continued with both corn and soybeans reversing yesterday's rally. Late though it may be, we are in a weather market and services that stream weather radar images are definitely in vogue. Overnight and this morning, those radar images showed big blobs of rain over eastern Nebraska, northern Iowa and southern Minnesota pushing eastward into Illinois and Wisconsin. This brought rain to some of the driest areas of the Midwest. Amounts varied widely, but it all was most welcome especially since some of the warmest temperatures of the summer are due early next week.The rains encouraged longs to cash out and discouraged shorts from covering. The result had both the c...
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...
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Illuminating the value of technical research
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