Corn and soybean futures haven’t seen much support lately, and according to Mark Oppold, a report this week is not expected to help much at all.
Beef and Pork Exports Bring Nice Returns to Corn and Soybean Producers
New information released by the U.S. Meat Export Federation (USMEF) shows beef and pork exports last year at $18.1 billion had a significant impact on the corn and soybean industries. The numbers, from an independent study conducted by The Juday Group, notes U.S. pork and beef exports contributed an estimated total economic impact of 14.6% per bushel to the value of corn …
U.S. Farmers Intend to Plant Less Corn, More Soybeans
A new report released by the USDA National Agricultural Statistics Service (NASS), shows producers surveyed across the U.S. intend to plant 90.0 million acres of corn in 2024, down 5% from last year. But, according to the new Prospective Plantings Report, they intend to plant 86.5 million acres of soybeans this year, which is up 3% from last year. The report …
Farmers Planting Less Corn, More Soybeans in 2024
American farmers might plant less corn this year than last year, but it will still likely be larger than what USDA previously anticipated. That’s according to data from the March 2024 Farm Futures grower survey. Total corn and soybean acreage will likely vary minimally from last year. Growers expect to plant 92.4 million acres of corn this year, down 2.3 …
Grain Traders Waiting on New Report
Grain traders have been keeping an eye on various issues, and according to Mark Oppold, that includes a report coming out Thursday.
Watching Advancements in the Grain Markets
While it hasn’t been easy, grain traders hope the advancements in the corn and soybean markets will continue. Mark Oppold has more details.
Pleased with Recent Corn Rally
Many traders were pleased to see the recent rally in the corn market. Mark Oppold has more details.
Predicting Factors for the Upcoming Growing Season
A new report looks at some factors that could affect various crops in the upcoming growing season. Mark Oppold has more on that, but first looks at how some commodities are trading thus far this year.
Choppy Grain Futures Trade
Ahead of another report trading for grain futures has been choppy. Mark Oppold has more details.
Weather Affecting the Grain Trade
Recent weather conditions across certain areas of the country may be a factor with the grain trade this week. Mark Oppold has more details.