U.S. farmland values quadrupled over the last decade as record-high prices, good crop production and a generous crop insurance program created a big demand.
Talk of weak margins and lower profits continue to reverberate through the grain industry. According to a Reuter’s story late last week, Cargill is planning to lay off as much as 2.5 percent of its workforce. The company hasn’t confirmed that report but has announced a restructuring of top management. The world ocean freight market continues to weaken with the Baltic main sea freight index hitting a record low this week. The problem is the weakness in demand for industrial commodities coupled with new vessels still coming on line. Bulk grain and oilseed shipments account for just 10...
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...
