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Corn and soybean inspections dropped last week

Corn and soybean inspections dropped last week

Corn and soybean export inspections declined last week, while wheat inspections improved, according to the latest report from the U.S. Department of Agriculture. USDA says 1.54 million metric tons of corn were inspected for export during the week ending July 9, down from the previous week but still above the same week last year. Soybean inspections fell to 418,592 metric tons, although they remained well ahead of year-ago levels. Wheat inspections climbed to 373,611 metric tons from the...

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Farmers already expect higher breakeven prices in 2027

Farmers already expect higher breakeven prices in 2027

The Purdue University/CME Group's Ag Economy Barometer declined in April as economic uncertainty caused a dip in farmer optimism for the future of their operations. Michael Langemeier, director of Purdue University’s Center for Commercial Agriculture, says that corn...

USDA says Iowa near major weather boundary

USDA says Iowa near major weather boundary

Weather conditions across the United States continue to show a sharp contrast between wet and dry regions, and USDA Chief Meteorologist Brad Rippey says Iowa is sitting near the center of that dividing line. Speaking during a discussion in Washington, D.C., Rippey...

It’s still too risky to ship fertilizer globally

It’s still too risky to ship fertilizer globally

The Strait of Hormuz has become a major focus in global markets as disruptions have created bottlenecks that are driving input costs even higher. Josh Linville, vice president of fertilizer for StoneX, said it doesn’t matter if the strait is declared open or closed-...

South American Weather and Crop Update (5-6-26)

South American Weather and Crop Update (5-6-26)

Dry weather is still causing concerns for some of the crops down in South America. Allendale commodity broker Greg McBride gave an update on the latest conditions for Brazil and Argentina. At the very least, the dry weather is allowing for harvest to continue at a...

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