Markets have been concentrating on the start to the U.S. growing season, and that will continue to be the dominant market factor for the next 30-60 days. However, there are several other issues that might start to attract more of their attention.Markets have been concentrating on the start to the U.S. growing season, and that will continue to be the dominant market factor for the next 30-60 days. However, following are other issues that might start to attract more of their attention:
The pace of old crop corn and soybean export sales/shipments continues to be better than most expected, including USDA. Corn shipments are up 44 percent from last year, and soybean shipments have already set a new marketing year record with a 17 percent incr...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...