The Kansas crop tour wrapped last night with participants seemingly surprised and disappointed by the results. The trouble today is that few people actually go out and look at crops anymore, relying instead on the weekly USDA crop ratings.
The Kansas crop tour wrapped up last night, and it's probably safe to say as a general statement that the participants were disappointed in what they observed. Stunted wheat, poor tillering and lower kernel counts per head were common. The tour estimated the Kansas crop at 288 million bushels with a yield of 35.9 bushels per acre. This is better than last year but still far below the five-year average of 314 million bushels. It is interesting that tour participants were surprised by the results. WPI ha...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
