General Comments It was a catch-up day for USDA today. It did announce some soybean export sales this morning of 220,000 MT to China and 140,000 MT to unknown. One weekly export sales report was released with an "as of" date of September 26th. That report showed 30.5 MMT of corn, 30.8 MMT of wheat and 31.6 MMT of soybeans for that week. They are still two weeks behind in reporting the weekly numbers.Farmer selling still remains lighter than expected, especially with ongoing reports of better than expected yields. Corn and soybean basis levels continue to push higher. Export demand, particularly for wheat and soybeans, has been very good.Markets were firm overnight and led by strong gains in wheat. There was more talk that China has bee...
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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