No Major Changes to USDA Soybeans Supply and Demand Forecast USDA made only a few changes to its supply and demand forecasts for soybeans yesterday, and almost all were for the current marketing year. Among the changes USDA made yesterday were the following.
U.S. soybean exports for 2012/13 were reduced by 20 million bushels to 1.33 billion bushels to reflect very low sales and shipments in May and aggressive competition from Brazil. The forecast for U.S. soybean crush volume in 2012/13 was increased by 25 million bushels to 1.66 billion bushels based on strong export demand for soymeal. U.S. soybean imports this year were increased 5 million bushels to 25 million bushels. The forecast for U.S. soymeal exports in 2012/13 were incr...
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...
