Because of the heavy rainfall, some farmers meeting in Minnesota said they have lost as much as 10-15 percent of their crops to flooding. At this point, the precipitation is causing more damage to soybeans as they do not do well in waterlogged soils. Export Sales Dominate Soy Sector Export sales this week were once again the main issue impacting the soybean sector. USDA reported on Wednesday that an exporter had sold 140,000 MT of soybeans to an unknown destination for shipment in the current marketing year. This was a very surprising sale considering USDA is forecasting U.S. soybean ending stocks on 31 August will be a bin-bottom 125 million bushels. My first reaction was that a mistake had been made and that the sale actually was for sh...
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...
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