Agriculture News
Corn inspections during the week ended Jan. 16 totaled 1.54 MMT, exceeding pre-report expectations while wheat and soybeans fell short.
Corn, soybeans and wheat futures are off to a higher start to the week. Cattle futures are mostly lower as lean hog futures firm...
USDA pegged the final corn yield at 179.3 bu. per acre, down 3.8 bu. from Nov, while the soybean yield was trimmed by 1 bu. per acre to 50.7 bpa. Quarterly corn, soybean stocks were also below expectations, while wheat seedings landed well above.
Corn and soybean sales during the week ended Jan. 2 were each down 40% from the previous week, while wheat sales dipped 21%.
Farm Credit Services of America releases January appraisal update
Farmers National updates state of regional farmland markets
Wheat inspections rose 73,241 MT from the previous week to 412,342 MT for the week ended Jan. 2. Corn and soybean inspections each declined on the week.
Corn, soybeans and wheat are higher to open the week. Cattle futures are higher with lean hogs under pressure...
For the week ended Dec. 26, net corn sales were down 55% from the previous week, while soybean and wheat sales fell 51% and 77% from the previous week, each carving a new marketing-year low.
Corn inspections during the week ended Dec. 26 led the decline, falling 268,000 MT from the previous week, while soybean and wheat inspections dropped 204,469 MT and 68,238 MT, respectively. However, net inspections were within pre-report estimates.
Corn, soybeans and wheat futures are all off to a higher start alongside livestock futures, which are mostly higher, as well...