Markets all started easier Thursday evening and finished the night session mixed with corn down less than a penny, soybeans up 1-2 cents, KC and Chicago wheat down 6-7 cents, and Minneapolis wheat 1-2 cents lower. This pattern didn’t change throughout today’s session except for soybeans, which turned lower and stayed that way. Following is a list of the more significant news items at the end of the week
The six-10 day weather forecasts indicate a good chance for meaningful precipitation across the drought-stricken southern Plains.
President Trump has indicated he might want to rejoin the Trans-Pacific Partnership (TPP). There were no daily export sales announcements. U.S. equity markets were modestly lower. Cr...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
