What You Need to Know Today:
Corn and soybean yields in the September WASDE report were close to pre-report expectations. The corn yield came in at 178.5 bushels per acre, compared with an average analyst estimate of 178.1, while the soybean yield was 52.8 bushels per acre, slightly above the 52.5-bushel average analyst estimate. The Consumer Price Index rose 0.4 percent month-over-month and 3.4 percent year-over-year. Core CPI, excluding food and energy, increased 0.3 percent for the month and 2.4 percent year over year, reinforcing expectations that the Federal Reserve could raise interest rates at its meeting next week. The average U.S. diesel price exceeded $6 per gallon for the first time in history as global fuel supplies remai...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
