As markets and market participants make ready for the important bevy of USDA reports on Friday (11 January), we thought we should make way for them by clearing away a few things and thoughts that caught our attention during the last few weeks that may (or may not) hold some significance for the future. So with your indulgence, here is another odds-and-ends recap of them.
Friday's USDA reports will be the first to be released at 12:00 p.m. ET instead of 8:30 a.m. ET, as was the long established practice. The 8:30 a.m. time was picked originally because it gave interested parties two hours to analyze potentially market-sensitive reports before futures markets opened at 10:30 a.m. ET. Over the decades of our experience, there were countl...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...