Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Rains were not adequate enough last week to stabilize winter wheat crops in Kansas, Oklahoma and Texas.
Cotton and pork sales were also highly impressive. Get more report highlights...
The National Oceanic and Atmospheric Administration (NOAA) says the strong El Niño event lingers, with well-above-average sea surface temperatures recorded across the central and eastern equatorial Pacific Ocean.
The U.S. ag attache in Brazil says in 2014-15, the country exported a record 32.5 MMT of corn due to a weakening currency, which raised domestic prices. In 2015-16, the attache expects exports of 26.5 MMT, which is up fr
Hello Pro Farmer Members! As expected, USDA’s February Supply & Demand Report featured no major surprises. While U.S. and global carryovers were projected slightly higher than anticipated, they weren
South American Crop Consultant Dr. Michael Cordonnier has raised his peg of Brazil’s soybean crop by 1 MMT to 100 MMT, citing good yield reports, with 33% of the crop now harvested. He says more than half of the crop
WHEAT: There are no changes to this month’s all wheat balance sheets. By class, Hard Red Winter wheat exports are raised 10 million bushels and Hard Red Spring wheat exports are lowered 10 million bushels
Watch all three segments that Pro Farmer Editor Brian Grete took part in over the weekend on U.S. Farm Report with Tyne Morgan.
Everyone who owns a business eventually has to become involved in finance, marketing and production. These activities are a must to effectively manage your business. Looking back in history most farmers would describe
Brazil’s soybean harvest is 61% complete, about four percentage points ahead of the five-year average, says South American Crop Consultant Dr. Michael Cordonnier. He says harvest is 85% complete in Mato Grosso, while
Hello Pro Farmer Members! USDA’s March 31 reports featured a major surprise. Instead of coming from the Quarterly Grain Stocks Report, however, it was the Prospective Plantings Report that caught the market by s
Crop Consultant Dr. Michael Cordonnier points out the ten states with the greatest percentage increases in planted corn acreage from year-ago will be fridge corn states, according to last week’s USDA Prospective Plan
One of the most significant trends in the livestock industry is the ongoing increase in the litter sizes birthed by sows each year. Indeed, the rate of increase has accelerated from 30 to 40 years ago. For example, the n
South American Crop Consultant Dr. Michael Cordonnier has lowered his Brazilian soybean crop estimate by 1.5 MMT to 98.5 MMT and has a neutral to lower bias moving forward due to “very disappointing yields being rep
Farming like any other business is filled with peaks, valleys and potholes along the way. In fact farming may have a few extra problems that many businesses don’t have to deal with. All businesses have the common goa
Hello Pro Farmer Members! Speculative money continues to actively flow into the long side of the soybean market. Funds have moved from an aggressive short position in early March to a sizable long position, fueling
Heavy rainfall developed over the weekend in the Great Plains, boosting wheat prospects. Rainfall ranged from 2.5 to 4 inches of rain developed in Kansas and Oklahoma, the top 2 hard red winter wheat states. The Texas pa
Canadian farmers intend to plant more barley and corn for grain in 2016 than in 2015, but smaller areas of wheat, canola, soybeans and oats, according to Statistics Canada’s March Farm Survey. The survey, which colle
The livestock markets are different from most crop markets due to the fact that they’re essentially non-storable commodities. Of course, one can’t store animals on the hoof, and the various meat cuts are auto
USDA’s Cattle on Feed Report showed feedlot inventories up around 1% at 10.853 million head as of April 1, which was in line with expectations. Placements are up 5% from year-ago but slightly lower than expected, whi
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
On Tuesday, 20 vehicles with 78 participants headed west from Manhattan, Kansas, on the Hard Winter Wheat Tour 2016. Scouts stopped in 306 locations on the six routes between Manhattan and Colby. Scouts reported seeing s
As of March 31, Statistics Canada reports total stocks of Canadian wheat, canola and soybeans were lower compared with the same date in 2015. Meanwhile, total stocks of corn for grain, barley and oats increased year over
Winter Wheat Production Up 4 Percent from 2015 Winter wheat production is forecast at 1.43 billion bushels, up 4 percent from 2015. As of May 1, the United States yield is forecast at 47.8 bushels per acre,