The trade worries won’t go away. Even though markets ignored the imposition of tariffs last Friday, they were back to selling today in relatively light trading volume. Two other negative market factors to start this week were the following:
USDA will release its July crop production update and WASDE revisions on Thursday, and it has been a long time since we had a bullish USDA report. Corn Belt weather will be hot this week, but it looks cooler in the extended forecast today than it did last Friday (see map below).
U.S. equities markets were very strong today. The U.S. dollar was also strong, and crude oil was back above $72.00b in the September contract.
Corn FUTURES A cooler temperature forecast coupled with th...
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...
