What You Need to Know Today:
U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebraska and conditions were very mixed. The U.S.-Iran conflict shows no signs of abating as, over the weekend, the Wall Street Journal published a piece noting Trehan used the recent ceasefire to plan for a protracted war. On Monday, Iranian officials told Reuters they will escalate the conflict to the broader region if negotiations with the U.S. fail. Tensions in the Black Sea continue to escalate with Russia attacking another civilian ship in Ukraine&rsqu...
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...
