Corn Most of Argentina’s agricultural area continues to be impacted by drought. The early planted corn is almost finished but the late planted crop is passing through the critical yield-defining phases under drought stress. The Buenos Aires Grain Exchange reported a huge deterioration in crop conditions last week, especially with the late planted corn, of which the good/excellent rating fell 18 percent. Across the entire crop (early- and late-planted corn) only 17 percent is rated excellent/good while 55 percent is rated fair and 28 percent poor/very poor). Harvest reached 3.5 percent of the area and there was combine movement in the core region where some plots are showing good yields.
Given the above conditions, the BAGE r...
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...
