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Exports highlight U.S. corn balance sheet

Exports highlight U.S. corn balance sheet

The December WASDE report is typically a quiet report that is moved on from quickly. USDA published the monthly report on Monday and while it did not make big waves due to major changes there are some adjustments to make note of. One of the bigger adjustments was to the corn export forecast due to strong demand for U.S. corn says USDA World Agricultural Outlook Board Chair Mark Jekanowski. Despite the adjustment to the current crop corn export forecast, Jekanowski says the average price...

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China’s return offers hope but little market movement

China’s return offers hope but little market movement

There is finally some good news for U.S. soybean growers as China has stepped back into the market. The purchase is not a large one, but it marks the first notable move in months and offers a small sign of progress in a strained trade relationship. For many farmers,...

South American Weather and Crop Update (10-28-25)

South American Weather and Crop Update (10-28-25)

While we wait to hear more official news about President Trump’s Argentine beef import plan, farmers in South America are rolling along with planting season. Allendale commodity broker Greg McBride gave an update on the latest weather patterns in Brazil and Argentina....

Increasing opportunities for U.S. pork in South Korea

Increasing opportunities for U.S. pork in South Korea

South Korea ranks as the fifth-largest market for U.S. pork year-to-date. Andy Tauer, vice president of international market development with the National Pork Board, said strong consumer demand in South Korea is expected to keep growing, which could move the country...

Trade talks boost grain markets ahead of Trump-Xi meeting

Trade talks boost grain markets ahead of Trump-Xi meeting

Following U.S. Treasury Secretary Scott Bessent’s preliminary negotiations with Chinese trade officials, the grain markets have rallied significantly ahead of President Trump’s meeting with President Xi Jinping of China. Commodity broker Joe Camp of Commstock...

Bessent: deal set for China to begin importing U.S. Soybeans

Bessent: deal set for China to begin importing U.S. Soybeans

Treasury Secretary Scott Bessent said he expects that China won’t impose export controls on rare earth mineral exports, and the U.S. won’t impose 100 percent tariffs on China. During separate interviews over the weekend, Bessent said trade negotiations with China have...

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Chaos in the cattle complex

Chaos in the cattle complex

After a sustained run of lofty prices, we have seen a substantial selloff in the cattle complex in recent weeks. Commodity broker Eric Relph of Commstock Investments says that we have seen multiple limit down moves in recent trading days. Relph says traders are now...