What You Need to Know Today:
Day three of the Pro Farmer Crop Tour found corn yield potential below last year in both Illinois and western Iowa.
Illinois corn yields averaged 184.2 bushels/acre, down from 199.6 bushels/acre last year and the 199.2 bushels/acre three-year average, while western Iowa yields ranged from 189.7 to 191.8 bushels/acre, compared with 195.0 to 207.3 bushels/acre last year. Illinois soybean pod counts averaged 1,430 per square yard, below 1,479 last year but above the three-year average of 1,390, while western Iowa pod counts ranged from 1,269 to 1,558, compared with 1,279 to 1,563 last year.
December corn moved above $5.00/bushel and came within ¼ cent of a new 2026 high. European corn futures also reache...
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...
