The U.S. hard red winter wheat crop is likely getting larger. Barring a wet weather pattern during the harvest period, the last issue is what the market can expect in terms of protein content.
The U.S. hard red winter wheat crop is likely getting larger. Additional good, widespread rains combined with moderate temperatures will allow this crop to finish in a big way. Barring a wet weather pattern during the harvest period, the last issue is what the market can expect in terms of protein content. High yields with little stress typically mean a lower level, and the market wants 12 percent or higher. Some crop watchers are now concerned that it might be a struggle to reach 11.5 percent protein, but there is no way to know until harvest gets...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
