Grains give up a large portion of last week’s gains. Grain futures turned sharply lower on Sunday night, as President Trump’s speech in Des Moines did not include any new trade deal announcements beyond Vietnam securing a trade deal with them. No grain-specific purchases were announced in Vietnam other than the fact that Vietnam does…
Grains are higher this morning, anticipating Chinese exports. The grain trade maintained yesterday’s strength and added to it in the night session from yesterday’s sharply higher run. Anticipation of an announcement today from President Trump that the US is pushing China to fulfill its commitment to the 2020 Phase 1 agreement and purchase $85 billion…
The rally in grains, cattle, and metals hinges on rumors that Trump is set to announce a deal with China for purchasing agricultural products. A visit to Iowa is expected in the next day or two for the announcement. This news from Bloomberg suggests potential Chinese purchases of beans and other commodities. Cattle prices reflect…
Two days left of active trade before the holiday weekend. This morning’s grain trade is mixed with soybean oil leading the gains for soybeans on the likely passage of the Trump tax bill, which includes 45Z carbon credits. If fully implemented after house approval, the price value for soybean oil rises to levels that limit…
Grains mixed, cattle anticipated sharply lower. Corn prices are posting new contract lows while soybeans are also softer on yesterday’s crop condition reports, while wheat is posting a moderate report recovery. Better crop ratings on corn, the lack of a significant weather threat at the present time, and no bullish surprise in yesterday’s stocks and…
USDA WASDE Crop Acreage Report 6/30/25 Acreage data mostly neutral to pre-report estimates while soybeans and wheat stocks are a bit higher than the average guess.
The most significant crop report of the year is today at 11:00 a.m. A mixed start greets the last day of the month and the last day of the quarter as the market awaits today’s USDA Stocks and Acreage data at 11:00 a.m. CT. 95.35 Mil acres is the supposed average guess for corn acreage…
The LRP transfer deadline is just around the corner. Are you protected? Ranchers, the clock’s ticking. With the influx of LRP transfers this week, we have made it easier to fill out an application to do LRP with us. If you want true cattle and LRP experts in your corner this year, now’s the time…
Recovery in grains overnight is moderate on US/Chinese trade news. Pre-weekend short covering is providing some much-needed support to the market as we head into the week’s final trading session. Long liquidation has pressured prices throughout the week as traders exited weaker positions ahead of Monday’s key reports. Market participants are well aware of the…
Hogs and Pigs 6/26/25 All Hogs and Pigs: 100.3 vs 99.6 estimate Kept For Breeding: 99.5 vs 100.0 estimateKept For Marketing: 100.4 vs 99.6 estimate Report came out neutral to pre-report estimates.
