Commodity Crops
Early wheat harvest is moving, but rain, drought stress, and disease pressure will determine yield and quality.
Corn demand received another boost last week as ethanol production climbed to a five-week high.
Senate Majority Leader John Thune says senators are trying to align the E15 effort with broader Farm Bill negotiations as producers continue grappling with weak farm income and elevated costs.
Soybeans accounted for nearly half of the $15 billion in losses on U.S. ag exports to China due to tariffs, according to researchers at North Dakota State University.
Feed grain supplies may tighten in 2026/27, supporting higher corn and sorghum prices despite large crops.
USDA says federal biofuel policy and growing renewable diesel capacity are increasing demand for feedstocks.
USDA says growing soybean output and expanding biofuel demand are helping drive the increase.
Texas A&M economist John Robinson says speculative buying helped push ICE cotton futures sharply higher.
For farmers, better data may not solve every local rail problem, but it can make service failures easier to document.
Smaller exporter crops and lower global stocks could keep wheat markets sensitive to weather, trade, and shifts in demand.