What You Need to Know Today:
A drier early-October forecast should help harvest accelerate across areas of the western Corn Belt that have been running behind, adding pressure to soybeans and soymeal today as concerns over near-term physical tightness begin to ease. Markets are still digesting Wednesday’s Grain Stocks report, with traders now beginning to shift their focus toward next Friday’s WASDE for updated yield, production, and balance-sheet estimates. Crude oil moved higher after China suspended exports of refined fuel products, tightening the outlook for global diesel and gasoline supplies. The move adds another layer of support to energy prices at a time when fuel markets are already relatively tight, while also keepin...
Key Takeaways: Dry bulk markets are mixed this week with the Capesize sector seeing a sharp correction from its recent rally. Smaller vessel classes are steady/firmer but the Chinese Golden Week Holiday is pressuring near-term rates. Dry bulk freight did not receive the bullish boost it...
August 2026 milk production, the four-class pricing system, and the 2025 Federal Milk Marketing Order reforms Key Takeaways: U.S. milk production is growing because the herd is larger, not because cows are producing more milk. August output increased 1.7 percent, even as production per cow dec...
