The May jobs report will share the spotlight with weekly export sales today.
Argentina’s Agroindustrial Council (CAA) issued a statement today saying Argentine meat producers will continue to hold talks with the government with the goal of lifting a one-month suspension on exports of beef.
On the High Plains, temperatures were cool and rain fell, but that did little to change drought conditions in the region.
While dairy operations are working to expand, finding millions of more cows is challenging, feed costs are high and both land and water are scarce.
Yesterday, Brazil’s Infrastructure Minister Tarcisio de Freitas said efforts to save water and direct it to power generation will inevitably disrupt navigation on the Tiete-Parana waterway.
Grain and soy futures continue to climb. Meanwhile, Brazil’s ag minister is warning efforts to ensure hydroelectric power will disrupt shipping along the Parana River.
Argentine cattle producers are slated to end their halt to meat sales at midnight tonight, but the ban could be renewed and extended to grain sales.
The market is breathing a collective sigh of relief that the outage was short-lived.
As rumored, the ethanol producer POET announced Tuesday it had acquired Flint Hills Resources’ entire ethanol business.
Warm, dry forecast continues to lift grain and soy futures. Meanwhile, operations are resuming at JBS facilities.

Meghan Vick

Meghan joined Pro Farmer in June 2011 and is currently the News Editor. Prior to joining the Pro Farmer team, Meghan worked as an editor at Stocks, Futures and Options (SFO) magazine. During her time there she gained her Series 3 license from the National Futures Association. She is a 2009 Summa Cum Laude graduate of Wartburg College in Waverly, Iowa, with Bachelor of Arts degrees in English and writing. LimelightPlayerUtil.initEmbed(‘limelight_player_28855'); At Pro Farmer, Meghan writes many of the daily market commentaries in addition to website news stories and updates on Washington happenings. She also compiles the quarterly Washington Outlook Report.