Key Oilseed Highlights in USDA WASDE Report To say USDA made major changes to its supply and distribution forecasts for the soybean sector in today’s WASDE report is an understatement. Following are key highlights from the report: MY 2017/18
U.S. soybean exports were raised by 20 million bushels to 2.085 billion bushels (56.75 MMT) based on strong late season exports. U.S. soybean crush volume was increased by 15 million bushels to 2.03 billion bushels (55.25 MMT) based on greater domestic and export demand for both soymeal and soyoil along with very profitable crush margins. U.S. soymeal exports were increased from 11.88 MMT to a record-high 12.25 MMT based on recent large sales and exports. U.S. soyoil exports were raised fr...
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...
