General Comments: There are two major factors that will affect grain and oilseed prices this week:
WASDE: It is USDA report week (again). Revised corn and soybean production estimates and WASDE (supply/demand) will be released Thursday morning, October 12th. This will tend to keep the markets in check all week. Weather: Variable weather conditions in Brazil and Argentina are messing with corn and soybean planting. Central and northern Brazil remain hot and dry while southern Brazil and northern Argentina are too wet.
The markets started the Sunday evening session fractionally higher, but were trading lower at the early close Monday morning. That slightly weaker tone carried into today’s session. Wheat markets tended to b...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
