As always, grain and soy markets along with those who trade in those commodities are looking ahead at several factors with the potential to move prices. Currently among those are the following: - USDA will release this month’s estimates of U.S. planted acreage for major crops on 29 June. These are based on surveys conducted in early June, and they are normally USDA’s final estimates unless there were planting delays that suggest possible late changes. However, that is not the case this year. The consensus is that USDA will find the planted area for corn and soybeans to be slightly larger than the March planting intentions of 88.0 million and 89.0 million acres, respectively, due to favorable weather and timely planting. Expecta...
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What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...