What You Need to Know Today: The conflict between the U.S. and Iran continues to escalate with the two sides exchanging attacks over the weekend. Presiden...
Articles
CFTC COT Report Analysis
The weather rally in conjunction with the resumption of the war in Iran and the export-tightening impacts of Russia and Ukraine’s recent attacks and...
Russia’s Diesel Export Ban Tightens Global Fuel Markets and Raises Agricultural Costs
Key Takeaways: Russia’s diesel export ban is tightening global fuel supplies and increasing dependence on alternative exporters. Limited refining ca...
Trade Overview: USMCA, Brazil Section 301 Investigation, Section 122 Tariffs
USMCA Re-Negotiations At the Iowa Farm Bureau Economic Summit on Friday, former USTR Robert Lighthizer stated that the USMCA renegotiations should focus on...
WPI Crop Progress and Conditions App (Updated 20 July)
Developer's Note: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly rep...
Mercosur Regional Analysis
Corn Harvest delays continue to complicate Argentina's corn market. Persistently high humidity, combined with scattered rainfall across key producing regio...
Summary of Futures
Dec 26 Corn closed at $4.675/bushel, up $0.035 from yesterday's close. Sep 26 Wheat closed at $6.8275/bushel, up $0.08 from yesterday's close. ...
Market Commentary: Geopolitical Tensions Driving Markets
What You Need to Know Today: The U.S. and Iran exchanged strikes, with the U.S. hitting Iranian bridges, energy sites, and military infrastructure. Iran l...
Crops on Fire: The EU Corn Outlook
Key Takeaways: The EU heatwaves have coincided with key maize crop reproductive timing and featured high nighttime temperatures, a cruel two-sided b...
Reconciliation Passes House Committee, Prospects Dim in Senate
Congress returned this week from its Fourth of July recess, with another break scheduled for the month of August, to face a busy agenda before adjourning f...
USDA: From Bureaucracy to Ad Hocracy
There was a time, not so long ago, when you could easily explain U.S. agricultural policy. It was countercyclical and focused on risk management, especiall...
Summary of Futures
Dec 26 Corn closed at $4.64/bushel, down $0.055 from yesterday's close. Sep 26 Wheat closed at $6.7475/bushel, down $0.0275 from yesterday's close.&n...
Market Commentary: Cattle Markets Remain Under Pressure, China Buys More Soybeans
What You Need to Know Today: Iran warned that it will retaliate against the U.S. if American strikes target Iranian infrastructure, as President Trump has...
Livestock Round Up: Turkey Production Poised to Rebound Some
Turkeys for Thanksgiving are typically placed this month. Turkey production has suffered from HPAI and other diseases for the past two years, and placement...
Global Soybean Crush Margin Forecasts
Key Takeaways: Continued domestic demand for soyoil in the U.S. will drive prices higher and create a firmer outlook for global soybean values and c...
Transportation Perspectives - 16 July
Key Takeaways: Tensions in the Persian Gulf are further away than ever from being resolved, as the ceasefire has fallen apart completely and the U.S. and...
Summary of Futures
Dec 26 Corn closed at $4.695/bushel, up $0.09 from yesterday's close. Sep 26 Wheat closed at $6.775/bushel, up $0.325 from yesterday's close. N...
Market Commentary: The Bulls Are Back in Town?
After spending much of the year searching for a reason to stay, the bulls suddenly have several. Grain markets have strengthened, wheat is leading the char...
Cover Crops Gain Momentum as a Tool to Improve Soil Health
Key Takeaways: Cover crops are gaining adoption as farmers seek to improve soil health, reduce erosion, and build more resilient cropping systems. While c...
Ethanol Margin and Corn Use Outlook
The latest EIA data showed some interesting anomalies in the ethanol industry, changes that will have a material impact on the industry’s profits and...
Black Sea Regional Analysis
Russian Grain Markets: 6–10 July 2026 New-crop price formation remained underway during the week, with bearish price movement concentrated in souther...
Market Commentary: Corn, Soybeans Fall on Conditions Data; Wheat Reverses the Reversal
What You Need to Know Today: Attacks between the U.S. and Iran intensified overnight and the U.S. Central Command reported that the U.S. naval blockade ag...
Livestock Industry Margins
Beef packer margins improved to -$172/head last week, up $31 from the prior week as sharply lower fed cattle prices more than offset a seasonal decline in...
Summary of Futures
Dec 26 Corn closed at $4.605/bushel, down $0.0275 from yesterday's close. Sep 26 Wheat closed at $6.45/bushel, up $0.0975 from yesterday's close.&nbs...