Led by KC HRW, U.S. wheat futures prices charged higher on word that Russia was attempting to restrict grain exports by denying quality certification on export shipments except those to the four favored countries. General Comments Commodity and financial markets had plenty of things to chew on today. In no particular order, these included:
The Russian government announced that it would provide its usual phytosanitary certification on export grain shipments that are headed to only four countries. These include Egypt, India, Turkey and Armenia. This is a backhanded way of trying to limit the volume of Russian grain exports. With the exception those shipments, Russian authorities will no longer certify that the quality of Russian grain sh...
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...