The wheat market was the loss leader again with old crop contracts of Chicago and KC wheat falling 11-12 cents to the lowest level in about five weeks. There was some selling of corn and wheat near the close by index funds as they rebalance. General Comments After today, only one-and-a-half days of trading remain before the important reports from USDA are released mid-session next Monday. Traders seem to be casting votes in favor of bearish reports as grain prices worked their way lower again, and today they were joined by soybean prices as well. The weakness of soybeans is notable, given that last week's soybean export sales volume was surprisingly large and especially considering it was a holiday week. Soybean futures dropped about 8 ce...
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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