Markets were stronger overnight, led by (of all things) wheat. There were several reasons for that strength last night and today, including the following:
Weather across the U.S. southern Plains remains warm to hot, dry and windy. Yields and the percentage of harvested acres are both going down. There are some weather concerns surfacing in the Black Sea region. It is dry across Brazil’s corn region. USDA announced the sale of 120,000 MT of soybeans to Argentina for MY 2018/19. Today’s crop progress report highlights the slow planting progress of spring wheat and corn as well as the poor conditions of the hard red winter wheat crop. There is some optimism that the U.S. team headed to China will make progress on the trade...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
