USDA will revise winter wheat yields and, perhaps, harvested acres.Some downward adjustments in the world wheat crop are also possible with a great deal of ongoing chatter about dryness in several wheat-producing countries/regions.The monthly WASDE will be released at noon (EDT) Wednesday. There could be changes to acreage and yield estimates, but we doubt any will be made to those of corn and soybeans. It is too early for yield estimate adjustments, and USDA will release its latest acreage numbers on 30 June. Thus, any changes in planted acres will be reflected in the July reports.USDA will revise winter wheat yields and, possibly, harvested acres. The table below indicates that analysts aren't expecting any major changes this week. The wi...
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...
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