The market's tepid price action following yesterday's bullish (for soybeans and corn) WASDE was considered disappointing to market bulls, and long liquidation was the game today. General Comments China announced that its total exports fell 6.6 percent during March and total imports fell 11.3 percent. A decline in exports had been predicted, but imports fell more than expected. Raw material imports were hard hit. Crude oil imports fell to the lowest level in five months. Soybean imports in March from all origins were 4.6 MMT. That was nearly 1 MMT less than had been forecast, further calling into question USDA's estimate of 69 MMT of imports for the year. Analysts are drawing all sorts of conclusions from the Chinese data, but the most obv...
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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