War-related higher energies are a mixed story for ags. They could stymie economic growth and thus demand, but they open the door for better biofuel sales. Ags were mostly in the green today, betting on the biofuel market. Reports Export Sales: Last week’s new commitments by foreign buyers for U.S. grains and oilseeds were generally improved. New wheat sales were up despite heading for the tail end of the marketing year, though still in the middle of market expectations. Corn sales were up over the previous week and still readily exceeding 1 MMT. Soybean sales were above expectations despite stronger pricing, as were meal sales.
Hogs & Pigs: USDA’s Hogs & Pigs report has mixed messaging. On the one han...
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...
