The grain and soy futures market price action has evolved into a contest between extremely tight old crop soybean supplies and old crop futures and just about everything else. General Comments The overnight session saw old crop soybeans trading higher, while corn and wheat prices dipped to new lows for the current down trend. Dalian soybeans closed higher, which supported the U.S. market. However, Dalian soymeal prices fell, putting the Dalian board crush margin in a real squeeze. Early trading during the day session had soybeans, old and new, plus corn trading on both sides of the previous close. SRW wheat futures were mostly lower after being unable to move above yesterday's closes by more than fractions. HRW futures traded higher brief...
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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...