The wheat market ignored the overnight sale of French wheat to Egypt and rumors that India was preparing to offer another 500,000 MT to 1 MMT for sale from its burdensome stockpile. General Comments Today's pre-holiday markets were fairly active considering that many traders were already off for a nice long weekend. Wheat futures prices broke out slightly above their recent range on optimism that export demand for U.S. wheat is building. There are unconfirmed rumors of fresh sales of HRW to Brazil. The fact that Egypt bought a cargo of French wheat overnight did not deter the optimism.Export demand in the form of two cargoes sold to South Korea also helped support corn prices that managed to close 1 2 cents higher in light volume trade. S...
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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