The United States has seen the return of China as its leading commodity export destination. The U.S. has now recovered nearly all business tha…

Trade was surprised by the U.S. Department of Agriculture’s acreage estimates, as for corn and soybeans the totals were well below average exp…

We are starting to see more interest on corn sales and how they may be greater than the USDA predicts. Cumulative corn sales are now 96% of th…

It is quite likely our current yearly corn and soybean export forecasts are too low. Corn sales for the marketing year already total 2.32 bill…

In a somewhat surprising move the U.S. Department of Agriculture left carryout estimates on corn, soybeans, and wheat unchanged from last mont…

U.S. Department of Agriculture forecasters are warning that net farm income will likely be down in 2021 from 2020. Forecasters believe net far…

The winter weather that has hit the United States is creating logistic issues for the ag industry. Country movement is practically non-existen…

The corn balance sheets that were released this month were less friendly than trade had been expecting. The U.S. corn carryout was trimmed a m…

Census domestic usage numbers for the month of December have been released with weaker numbers on corn. Corn use for ethanol in December total…

Final data has been tallied and as expected, China failed to reach their Phase 1 import obligations. Data indicates China imported $100 billio…

The United States continues to see record demand for its corn, soybeans, and wheat in the global market. Current cumulative corn sales stand a…

  • Updated

The long-awaited January supply and demand figures were more friendly for corn than expected. The U.S. corn yield was lowered 3.8 bushels per …

Demand is starting to become more of a focal point in today’s markets and price discovery. Demand has been strong to start the marketing year,…

Economists do not believe we are seeing enough rationing in the U.S. soybean market. While soybean futures have rallied to their highest level…

As we start to approach year end, trade is getting a clearer picture of Chinese imports. While Chinese imports are up from a year ago, the cha…

While soybean values have continued to rally in recent weeks, much of the appreciation we have seen in values has been on the nearby contracts…

Harvest has just wrapped up across the United States, but farmers have already marketed a large share of their new cop bushels. This is especi…

Many U.S. farmers have opted to store much of their corn crop as they marketed more soybeans than normal right out of the field. The question …

The United States continues to see limited competition in the global market on corn sales, especially from Ukraine. For the Ukraine marketing …

An underlying factor in today’s trade remains the spread of COVID-19. Several states have now enacted restrictions on non-essential travel and…

  • Updated

A sizable 2.6 bushel per acre corn yield reduction took place in the November supply and demand report which was enough to decrease production…

The Census soybean crush data for September has been released with a record volume of soybeans being used. For the month U.S. crushers consume…

Analysts are starting to revise their U.S. acreage projections for this coming year given recent market activity. Ever since the October balan…

As corn harvest progresses, we are starting to collect more production data. Yields are starting to have a significant range with reports from…

The corn side of the domestic balance sheets came out mostly as expected in the October update. Corn yield was left nearly unchanged at 178.4 …

Now that harvest is getting underway in the U.S., we are seeing more interest on yields. It is not surprising to see yields that are all over …

The La Nina weather event continues to build and become more of a market factor. Forecasters now claim there is a 75% chance of a La Nina bein…