Overnight trading had corn and soybean markets higher with wheat markets slightly lower, and the only thing that changed during today’s session was an extension of those gains and losses. Treasury Secretary Mnuchin’s positive comments on the China trade deal from over the weekend seemed to be the primary reason that corn and soybean markets were up, and talk of a big 2019 Russian crop hurt wheat. U.S. equity markets were lower through most of today, but the losses were small. Crude oil and the U.S. dollar were both slightly weaker. Weather across the Corn Belt and northern Plains might start to improve after this week (see below).
Corn FUTURES Corn was firm on the same news that provided today’s strength in...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
