These reports will set the tone for the markets until and unless weather changes the dynamics of the yield estimates, but USDA's corn and soybean production estimates for Brazil and Argentina might actually capture the most attention. USDA will release an important series of reports at 12 noon (DST) tomorrow, which will include:
2016 U.S. winter wheat production Initial 2016/17 supply and demand estimates for U.S. wheat, corn and soybeans Revised world crop production estimates
These reports will set the tone for the markets until and unless weather changes the dynamics of the yield estimates. Weather hasn’t been as perfect as the past two years, especially in Brazil where it turned hot and dry during the pollination period of the s...
What You Need to Know Today: A third U.S. border crossing (Columbus, New Mexico) has reopened to Mexican cattle imports following nearly two years of restrictions related to New World screwworm. The reopening could gradually improve feeder cattle availability, although more than 60 confi...
Yesterday, the USDA’s Agricultural Marketing Service (AMS) released a new report of negotiated cash purchases of cattle under the mandatory price report. The report included Colorado, New Mexico, Oklahoma, Texas, and Kansas. The goal of the report was to solve the confidentiality issues e...
Key Takeaways: U.S. soybean crushing began in 1911 and saw its most rapid expansion during the 1930s amid the broader agricultural and technology revolutions of the time. After peaking in the early 2000s, the soybean crushing industry went through a downturn as poor crush margins forced...
