It seems like it has been an eternity since the USDA last issued a production and supply and demand estimate. The fact is that it has been an eternity. The October government shutdown resulted in the cancelation of that month's reports. The timing of the shutdown was bad for the industry for two primary reasons:
It occurred in the midst of the corn and soybean harvest period when the market was looking for yield confirmation. It occurred during a growing season that saw a very wide range of weather conditions that also meant a very broad range of yield results.
The market has been expecting and trading much better corn yields and somewhat better soybean yields for the past six weeks than were reflected in the September report. The...
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...
