It is now 3 May, and little planting progress has been accomplished across the Corn Belt and northern Plains. The weather remains too wet and too cold to get the planters rolling in all but a few parts of the country. The first map below shows where there are problems with flooding. Virtually every river and stream from the North Dakota/Canada border down to Texas are in some degree of flood stage. The CME declared force majeure this morning across the entire Mississippi and Illinois River systems. Water levels are too high to load barges. The Mississippi River set a new all-time, high-water mark this week in Davenport, Iowa. The previous record was established during the massive floods of 1993.
The seven-day precipitation forecast...
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...
