Latest News From Pro Farmer Analysis

Corn, soybeans and wheat firm overnight, Cordonnier leaves U.S. crop estimates unchanged and refiners to sue EPA over SREs...

November soybean futures continue to climb higher but were unable to maintain last night’s gap higher caused by increased geopolitical risk around the Black Sea.

Exports have generally suffered across the world, except in regions dominated by the Commonwealth of Independent States (CIS) led by Russia, and in China.

Friday’s technically bullish weekly high closes in winter wheat futures suggest follow-through chart-based buying next week.

Soybeans were able to regain Wednesday’s losses following USDA’s bearish supply and demand data. Traders are seemingly shaking off the data and turning their focus toward late-July and August weather.

USDA Secretary Tom Vilsack said tackling climate change can boost farm revenue through the adoption of climate-smart practices.

U.N. levers SWIFT in Black Sea Deal negotiations, Russia works to trade in local currencies and pork cutout values turn softer...

UN Secretary-General Guterres has proposed to Russian President Putin that he extend the Black Sea grain deal in exchange for connecting a subsidiary of Russia’s agricultural bank. . .

Three senators introduced the Voluntary Groundwater Conservation Act, aiming to provide family farmers and ranchers with more flexibility to protect groundwater resources while maintaining their agricultural lands.

Goldman cuts China economic forecasts, Federal Budget Deficit surges year-on-year and USDA will update balance sheets at 11am CT...

Renewed wholesale strength seemed to trigger a fresh surge in hog futures, with today’s big gains projecting sustained cash market strength over the short run.

Lending in China surges, U.S. crops stabilize and Canadian port strikes threaten to stall economy...

Chicken’s popularity has increased greatly due to its use in home cooking, processed foods and restaurants. The beef industry has struggled to rebrand and innovate.

Trade started the week off strong with steady gains across the board as forecasts turn hot and dry next week.

Despite long-standing trends showing an increase in meat consumption as countries’ incomes rise, a shift seems to be occurring.

Mexico publishes modification on GMO policy, Ukraine applies to trade group and U.N. food price index falls...

We share fresh outlook for the corn market broken down into the next 5, 30 and 90 day segments.

The cattle futures markets saw profit-taking pressure today after recent gains.

Romania expects record outflows at port, Yellen arrives in China and congress will look at ESG investing...

The lawmakers’ primary concern is the risk this plan may pose to rural America due to insufficient EV charging infrastructure.

September SRW futures rose 32 1/2 cents before settling at $6.74 1/4. September HRW futures led the complex higher, rallying 49 3/4 cents before closing at $8.46 1/4.

U.S. consumer sentiment increased 5.2 points (8.8%) in June to a reading of 64.4, according to the University of Michigan’s Surveys of Consumers.

With notably smaller soybean acres, weather over the next month will be especially significant.

USDA to update balance sheets today, states appeal to Federal Judge to overrule WOTUS and Argy wheat production is expected to recover...

The International Grains Council (IGC) cut its 2023-24 global corn crop forecast, reflecting reduced production potential in the U.S. due to drought conditions.

The winter wheat futures markets were again pulled down by another solid drop in corn futures prices. Weekly U.S. wheat sales were also disappointing.

CBO releases new budget, USMCA members to hold regular confab and the U.S. hog herd is expected to shrink...

Mexico has been a key beneficiary of reworking the global supply chains that has seen companies find ways to be closer to the U.S. economy.

The flush in the grain and soybean complex futures markets continued at mid-week, with weak long liquidation featured amid weather forecasts that have added better precipitation chances for the Midwest.

Black Sea deal extension hopes fade, Canadian all wheat crop expected to shrink slightly and China's industrial profits off double-digits in May...

Former U.S. Trade Representative Robert Lighthizer released his book, No Trade is Free. Some nuggets:

Cordonnier lowers US crop estimates again, China plans to release cotton from State Stockpiles and McConnell expresses interest in moving Farm Bill forward...

In July, USDA will accept applications for $450 million in Higher Blends Infrastructure Incentive Program (HBIIP) grants to further support biofuel-related infrastructure.

Soybean futures saw gains today, especially in old crop futures as bulls reversed losses from late last week.

Next Friday’s acreage and Quarterly stocks reports are known as severe market catalysts that can change the trend of a market.

EPA assumes there will be rising production of sustainable aviation fuel (SAF), but that will cut into renewable diesel production.

Wheat market bulls fared pretty well today given the solid losses scored in the corn and soybean futures markets.

The Clean Air Act (CAA) allowed for exemptions to be granted for small refiners, a topic that has become controversial in recent years, prompting EPA to reverse some prior granted small refinery exemptions (SREs).

A flood of Brazilian soybean cargoes into China is weighing on soymeal purchases and may curb buying of beans later in the year, traders and analysts told Reuters.

A bull-blown weather market is playing out in the soybean and corn futures markets, which propelled soybeans and meal today.

EPA plans to increase the amount of biofuel blending volumes for 2023 versus its proposed levels, but plans to reduce volumes in 2024 and 2025.

Cash and wholesale conditions seem to favor continued weakness across the cattle and beef complex.

Recap of this week's price action with 5, 30 and 90 day outlook for soybeans.

In response to California’s Proposition 12, Sen. Roger Marshall (R-Kan.) introduced the Ending Agricultural Trade Suppression (EATS) Act today.

Kremlin pessimistic on export deal, Rosario Grain Exchange cuts Argy soybean forecast and Wal Mart announces plan to open Kansas beef packaging facility...

Wednesday's fundamental and technical analysis for corn.

The soy complex edged higher, led by a surge in soybean futures amid a second week of lower-than-expected government ratings and supportive outside markets.

Cordonnier trims U.S. crop outlook, CCI ratings trail year-ago and China's Central Bank lowers rates...

EPA’s proposed RVOs are considered outdated, as they don’t take into account the expected growth in renewable diesel production capacity.

House Ways and Means Committee Chair, Rep. Jason Smith, has sponsored a bill that seeks to prevent foreign adversaries from acquiring U.S. agricultural land.