Today's November USDA crop production estimates and supply and demand revisions were not as bearish as many analysts were expecting. USDA made no adjustments to either the planted or harvested acreage numbers for corn and soybeans.Today's November USDA crop production estimates and supply and demand revisions were not as bearish as many analysts were expecting. The tables below provide comparisons with the October reports, analysts' expectations and today's real numbers. In addition, there are a few other considerations:
USDA made no adjustments to either the planted or harvested acreage numbers for corn and soybeans. There had been some expectation that it might reduce both at least slightly in today's report. Some acreage adjustments i...
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...
