Key Takeaways:
1 September corn stocks totaled 2.095 billion bushels, 171 million above expectations and 544 million above last year, providing additional cushion for the 2026/27 balance sheet and potentially adding near-term pressure to prices. June-August corn disappearance increased just 100 million bushels year over year to 3.20 billion, a relatively modest increase considering the substantially larger 2025/26 supplies. 1 September soybean stocks totaled 315 million bushels, 8 million below expectations and 10 million below last year, while June-August disappearance increased 9 percent to 744 million bushels, pointing to stronger late-season demand and the potential for higher crush or export estimates. If the resulting relative streng...
What You Need to Know Today: The U.S. dollar continued to strengthen Thursday as persistent inflation reinforced expectations for additional Federal Reserve interest rate hikes. Higher Treasury yields have helped support the dollar, potentially reducing the competitiveness of U.S. agricultural...
In yesterday’s WASDE, USDA reduced its overall red meat and poultry production forecast for 2026 as declines in beef and broiler output more than offset increases in pork and turkey production. Fourth-quarter beef production was revised downward because of slower fed cattle marketings and...
Key Takeaways: Dry bulk freight markets were stronger this week, but the rally was uneven and due to divergent dynamics across basins and vessel classes. Panamax markets were broadly higher, but Atlantic grain demand was primarily responsible while Asian activity was subdued. That trend...
