Wheat
China accounted for roughly 40.5 million bushels of new-crop soybean sales as early export demand strengthened ahead of harvest.
Corn exports remain well ahead of last year as harvest approaches despite a slower week.
Extreme heat and limited rainfall are putting pressure on crop and livestock producers across the state.
USDA says a historically small U.S. wheat crop is tightening ending stocks as extreme heat hits European production and war disrupts Black Sea exports.
RFD News Farm Legal Expert Roger McEowen reminds producers that a single crop does not determine the state’s farm economy.
Corn export inspections remain well ahead of last year as soybean and wheat shipments lag.
China purchased roughly 53 million bushels of new-crop soybeans as U.S. corn demand also remained solid.
The tool tracks prices, supplies and transportation costs affecting farmers.
The initiative can also introduce U.S. wheat to new potential customers, creating relationships that may continue even after food aid programs end.
USDA lowered ending stocks for corn, wheat and cotton while raising price projections.