Use the chart below to check futures prices for commodities. Click the links for pricing on grains, livestock, oil and more and stay on top of what's going on in the markets. Cash price reflects the USDA Chicago terminal.
Light volume is expected during the holiday trading period, which could cause sharp moves.
Estimates for Brazil’s soybean crop—the second largest in the world— are currently running between 97 million metric tons and 103 million metric tons due to increased acreage.
In 2015, China purchased $25.9 billion in U.S. ag exports, adding up to 16% of total exports.
Why should a farmer in the Midwest pay much attention to the results of a South American country’s presidential election? Because what happened in Argentina on Sunday is a “game changer,” according to market analyst Alan Brugler of Brugler Marketing & Management in Omaha.
Argentina’s president-elect, Mauricio Macri, is considering a 90-day window of no export taxes on soybeans in a bid to spur sales from farmers stockpiling some $8 billion in oilseeds, two people with knowledge of the plan said.
The country’s farmers are ready to ship an estimated $8 billion in stored crops as soon as export taxes are lifted or reduced as Macri promised, according to five farmers, analysts and exporters interviewed after the election.