With prices at multi-year highs, all eyes in the grain market were on the United States Department of Agriculture’s (USDA) first report of the calendar year on Tuesday. And the reaction to the report did not disappoint. The futures market responded bullishly to the January World Agricultural Supply and Demand Estimates (WASDE), with old crop… Read More
Rounding out a year full of surprises, the United States Department of Agriculture’s (USDA) took the mostly predictable route with its final World Agricultural Supply and Demand Estimates (WASDE) report of the year on Thursday. The major figures in the December report were largely in line with the trade’s expectations. Soybean ending stocks were down… Read More
The United States Department of Agriculture (USDA) released its cattle on feed report for July 1st, and it fell closely in line with expectations, limiting any attempt at the market to be shocked. August Live cattle finished the day up at $0.475, and the week down $1.95, to close at $101.325. #Cattle on Feed Report:… Read More
The United States Department of Agriculture (USDA) is out with its monthly World Agricultural Supply and Demand Estimates (WASDE). It appears as though corn is back as king, with the department forecasting corn production at 13.9 billion bushels — that’s up 26 million from last month’s projection. The first yield forecast of the season, which… Read More
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