In the latest USDA crop production report, October corn yields were raised 1.9 bushels per acre from the September forecast. The government agency is expecting King Corn to yield 171.8 bushels per acre, a decrease of 2.8 bushels from last year.
In September, the USDA forecasted soybean yields would be 49.9 bushels per acre, but in its October report, it shaved 0.4 bushels off that number. This action is causing some market analysts to believe this is the signal of a harvest low.
This week the U.S. Wheat Associates (USW) announced it will close its office in Cairo, Egypt on December 1.
A 12-million acre cotton crop in 2018 could set the table for healthy levels of cotton supply. With uncertainty hovering over the market road, producers should be prepared to take advantage of unexpected rallies, and shield themselves from unexpected sell-offs.
The commodity broke through the $10 ceiling in Friday trading on the heels of USDA’s October supply and demand report.
The Federal Reserve had a policy-making meeting in September, and one of the main topics discussed was slow inflation. The next Fed meetings will be Oct. 31 and Nov. 1, but investors believe the next hike in interests will come in the final meeting of the year in December.
See all of the report data, coverage and analysis of USDA's Oct. 10 World Agricultural Supply and Demand Estimates (WASDE) and Crop Production reports.
Corn and soybeans posted technical key reversals higher, pointing to the possibility of still higher prices in the weeks ahead, says Jerry Gulke, president of the Gulke Group.
Whether the outlook is positive or negative depends largely on exports, and the industry’s ability to remain a trusted trade partner, says Rabobank in a new report.
Mike Florez of Florez Trading relies on technical indicators to make his trading decisions. He tells AgDay host Clinton Griffiths that Bollinger Bands are a useful volatility indicator and a good tool for helping determine market opportunities over a short period.
Hook space is growing along with the current pork herd, and pork prices have been feeling pressure.
Call it a triple threat—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite have hit all-time highs, making it the 40th time the Dow has hit record all-time highs.
Nearly six months after USDA Secretary Sonny Perdue was sworn into office, he now has two more members of his executive team.
Jamie Wasemiller of the Gulke Group explains how to start identifying whether you might have an indemnity check on the way.
Brazil has almost run out of exportable soybeans after producing a large crop. According to a new report, the South American country hit a new soybean export record in September by shipping 4.3 million tons. Corn exports also hit a new September record with 6 million tons of the crop headed to foreign markets.
When drought spread across the Northern Plains this summer, traders feared the worst for the U.S. spring-wheat crop.
2020 sounds like a futuristic date, but in reality, it’s less than three years away. By that time, China is planning to use an E10 blend ethanol gasoline across the country.
Cotton futures prices felt pressure Monday ahead of USDA’s latest harvest update in its weekly crop progress report. USDA says 17% of nation's cotton crop is picked, four points ahead of the five-year average.
Spring wheat production rose 12 million bushels, shocking the marketplace and sending prices lower, says Jerry Gulke of the Gulke Group.