The last major USDA reports are behind us until the 30 June acreage and quarterly stocks updates. We're back to weather first and demand second, but there are a few things to ponder.The last major USDA reports are behind us until the 30 June acreage and quarterly stocks updates. We're back to weather first and demand second. Here are a few things to ponder:
Stats Canada will not release its planting intentions estimates until 23 April. Most analysts are looking for spring wheat acres to be about unchanged from last year. Durum and barley acres should be up. Canola acres are expected to decline between 4-5 percent. U.S. corn ending supplies will decline in MY 2015/16 unless the national average corn yield is 165 bushels/acre or higher. T...
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...