Unlike last year, soybean bulls are getting no help whatsoever from the cash market. Soybean crushers are relaxed, and export demand has fallen to a trickle. General Comments The overnight session saw wheat and corn trade both sides but wind up mostly lower, while the soy complex traded lower from the get-go, thanks to persistent long liquidation. Volume for the complex was moderate, but lighter in the grains.Soybeans, meal and oil prices continued the overnight pattern and pushed lower during the day session with commercial selling of July soybeans noted. However, the grains reversed and headed higher with KC HRW futures again in the lead and the corn market in tow. The HRW crop continues to deteriorate under the stress of temperatures i...
Accountability and a comprehensive approach to export programming
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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...