U.S. corn exports deviation from historic patterns has implications for what exports will be in the rest of the marketing year. Analysis of unshipped corn sales, combined with the U.S.' current share of global exports, points to an interesting road ahead. Moreover, U.S. wheat, soybean, and soy product sales and exports are analyzed and relevant findings shown in graphical form. There have been several major reasons to be bearish about agricultural commodity prices this marketing year. The biggest reasons have been:
Big U.S. and world crop production and increasing ending supplies Big export competition for U.S. production that included Black Sea and Canadian wheat as well as a record South American soybean crop
However, a funny thi...
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...