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March corn hit a new contract low of $4.41 on Friday. Will corn see more pressure trying to price in extra bushels? March soybeans also hit a low of $12.06. Will $12 support hold without a drop in Brazil production?

Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

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Corn & soybeans tank on higher yields & production, with wheat following despite lower seedings & ending stocks. Live cattle followed lower cash, hogs consolidate. John Heinberg, Total Farm Marketing, has details.

Price action along with market outlook broken down into 5, 30 and 90 day segments.

With larger-than-expected yield revisions to both corn and soybeans, it leaves one burning question: which states grew such big yields in 2023? USDA NASS released maps and charts to help answer that.

From 40 degrees above zero earlier this week in parts of the Great Plains to now forecasts for temps to fall 40 degrees below zero, ag meteorologist Drew Lerner says the frigid conditions will be dangerous for livestock.

USDA’s final look at crop production for 2023 caught the commodity markets by surprise. The agency increased the final yield estimates for both corn and soybeans, and as a result, prices plummeted on Friday.

USDA shocks the market with higher corn & soybean yield, production and carryout. SA numbers were not supportive either. Lower winter wheat acres and carryover slightly friendly. Jim McCormick, AgMarket.Net