Without new market-moving guidance of their own, grain and soy futures markets again came under the influence of outside factors as they so often have recently. General Comments Some analysts looking at today's WASDE and USDA's reduced estimates of U.S. ending 2014/15 corn and soybean stocks concluded that the report was at least mildly bullish. The market begged to differ. It is true that soybean futures prices jumped about 6-7 cents immediately following release of the report at noon (EST). However, that little rally effort only lasted just about as long as it takes to describe it. Soybean prices then quickly turned and headed back into the red.One can parse USDA's U.S. and global supply/demand estimates as closely as possible, trying t...
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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...