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“USDA released the weekly export sales report this morning. U.S. exporters sold 2.062 MMT of soybeans for the current marketing year. This was above the high end of market expectations. Despite the strong week, total export sales for the marketing year are trending 29% below last year with the USDA predicting a 13% drop in exports,” John Heinberg of Total Farm Marketing said.
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Bloomberg said, “Food prices for the rest of this year are largely headed in one direction: up.
“U.S. meatpacker Tyson Foods disputed a claim by USDA Secretary Brooke Rollins Tuesday that it would sell its recently shuttered beef plants o…
“There continues to be rhetoric building in the market surrounding next week’s meeting between President Trump and Xi of China at the White Ho…
Corn futures saw some late session strength as contracts closed with losses of 1 ½ to 2 ¼ cents across the board on Wednesday. The national av…
Nick Paumen at CHS Hedging said, “The average trade estimates for US corn yield is expected to come in at 178.1 bu/ac, down 2.6 from last from…
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