Soybean export sales in this week's USDA report totaled 1.9 MMT. That ranks as one of the top five weeks in history and exceeded only a few times back in 2009. Next week's report will also total more than 1 MMT based on announcements made earlier this week. USDA reported another 400,000 MT of soybean sales this morning. That's not bad during a period of time when the market chatter has been slow export interest.
Crops experts we know have been touring the central Corn Belt (Illinois & Iowa). They are somewhat appalled at the very late maturity of the soybean crop plus the lack of pods. We are hearing the same thing from our producer clients across the northern plains. Corn and soybean crops were planted late and temperatures...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
