The beat goes on (just more slowly). Corn and wheat prices were slightly higher overnight with soybeans slightly lower. That’s how the market opened this morning and then traded through much of the session to finish the week. Corn did catch a little fire, though, and its strength was likely the result of the five-seven day precipitation forecast highlighted in the map below. The guts of the Corn Belt will undergo another very wet siege, and that will keep the corn planting pace a bit behind. The trading volume today was average in wheat but well above average in corn and soybeans.
News that President Trump and China’s President Xi “might” get together in Washington in June prompted some chatter about a trade deal...
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...
