Pro Farmer
USDA’s good-to-excellent ratings for corn rise unexpectedly after hitting lows of the crop season
A mismatch between USDA and Crop Tour findings is growing bigger
Prices continue in consolidation pattern after last week’s reports.
Lower closes across the board after impressive mid-session strength.
Cattle futures shore up premiums to the cash market.
Corn futures fell about 5% as USDA raised the national yield. Former USDA chief economist Seth Meyer says the data raises fair questions, but he doesn’t think sampling alone explains the jump.
OSU’s Derrell Peel notes a delayed fall run may mean cattle numbers simply aren’t there, lending underlying support to Q4 prices.
Markets are still reeling from the fresh data in Friday’s report.
Weekly export inspections and crop progress data due after Monday’s holiday
Cattle falls under modest pressure after Friday’s breakout.
Soybeans fall after Friday’s gain but grains eek out modest gains.
Cattle see consolidation after Friday’s surge higher
Lane Akre, Hillari Mason and Bill Watts dive into USDA’s bearish numbers, how much downside risk is left for corn and how quality issues are playing out in the market.
Corn futures rise modestly off Friday’s reactionary low.
Corn futures attempt to stabilize after Friday’s bearish USDA yield and production shock...
Corn futures stabilize overnight after USDA’s bearish crop production shock