The markets appear to be temporarily trapped in a no man's zone of market-making or breaking news. Consider:
Temperatures across the U.S. crop production regions remain above-normal, and extended forecasts suggest more of the same. That means the threat of frost damage to the late planted corn and soybean crops is basically gone. The market wants to see actual corn and soybean yield results, but there simply isn't much actual harvesting taking place. We tend to forget that when you plant a crop late and have a cool first half of the summer, those crops will also mature late. We read about better than expected corn yields in some other market commentaries, but we view those as general and anecdotal reports that are not very specific...
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...
