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News
Drought expands in the lower Midwest
2+ day, 16+ hour ago (307+ words) Pro Farmer Drought expands in the lower Midwest Rains further north helped soil moisture remain stable despite high temperatures The September 8th drought monitor shows 81.1% of the U.S. is experiencing abnormal dryness or drought, up 2% from the previous week, with 58.6% in D1 level…...
Midweek Cash Markets | Corn, soybeans see basis widen as harvest begins
3+ day, 4+ hour ago (405+ words) CORN COMMENTSThe national average corn basis slipped 3 1/4 cents to 24 cents below December futures. The national cash corn index price fell 18 3/4 cents from last Wednesday to $5.03 3/4. National basis is weaker than the three-year average of 10 3/4 cents below futures. SOYBEAN COMMENTSThe national…...
Pro Farmer CCI shows corn and soybeans slide once again
4+ day, 4+ hour ago (243+ words) Pro Farmer is a subscription-based agricultural news and market advisory organization focused on marketing and risk-management. Pro Farmer provides in-depth information about ag policy and the corn, soybean, wheat, cotton, pork and beef markets and how to maximize profits in…...
Pro Farmer Podcast | Getting ready for September USDA data
4+ day, 9+ hour ago (99+ words) Pro Farmer Pro Farmer Podcast | Getting ready for September USDA data Bill Watts and Hillari Mason discuss the state of the crops, fund demand and El Nino ahead of this Friday’s USDA data. Spencer Langford takes a close look at…...
First Thing Today | Wheat leads grain futures higher overnight
4+ day, 14+ hour ago (1676+ words) Pro Farmer First Thing Today | Wheat leads grain futures higher overnight Crude oil prices hit 3-mo. high as Saudi Arabia attacked by Iran-backed Houthis Wheat leads as grain futures mostly higher overnight… At 6:00 a.m. CST, December corn was up 3 1/2 cents....
Evening Report | Executive orders target beef processing rules, product labeling
1+ week, 1+ day ago (519+ words) Check our advice monitor at ProFarmer.com for our marketing plan. President Donald Trump on Friday signed executive orders aimed at boosting the nation’s cattle industry by attempting to loosen major meatpackers’ grip on the industry and implementing new labeling…...
Midweek Cash Markets | Rally in grain futures offsets widening basis
1+ week, 3+ day ago (411+ words) CORN COMMENTSThe national average corn basis slipped 20 cents to 20 1/2 cents below December futures. The national cash corn index price firmed 49 3/4 cents from last Wednesday to $5.33 1/2. National basis is weaker than the three-year average of 3 3/4 cents below futures. SOYBEAN COMMENTSThe national…...
Crops Analysis | Wheat classes see diverging price action
1+ week, 3+ day ago (489+ words) Price action: December corn fell 2 1/2 cents to $5.43 1/2, near mid-range and hit another contract and three-year high early on. Fundamental analysis: The corn futures market saw buying support early in the session from the chart-based speculators, and also saw buying interest…...
Evening Report | Fed eyeing commodity prices
2+ week, 1+ day ago (191+ words) Check our advice monitor at ProFarmer.com for updates to our marketing plan. Federal Reserve Chairman Kevin Warsh made a passing reference to pain in the agricultural economy in his highly anticipated speech at an annual monetary policy forum in…...
First Thing Today | The grain market bulls are hungry and must be fed soon
2+ week, 4+ day ago (1474+ words) Pro Farmer First Thing Today | The grain market bulls are hungry and must be fed soon Grains weaker overnight as “Turnaround Tuesday” looms Grain futures weaker overnight… At 6:00 a.m. CDT, December corn was down 1 cent. November soybeans were 6 1/2 cents…...