Wheat
Markets have been slow to respond as crop stress worsens across major winter wheat regions, where quality ratings have fallen to multi-decade lows.
Corn and beef exports showed strong momentum, cotton sales surged, and soybean sales held steady, though China remains absent from the U.S. market.
Harvested acres are estimated at 90.0 million, making this year’s corn crop one of the largest since the 1930s.
China has been largely absent from U.S. markets lately, but not when it comes to cotton. It’s a buy that, traders say, isn’t surprising given China’s limitations.
Varying Results Across The State And Even The Same Field
“South central Kansas is really behind schedule...”
Today, the Breugmans grow wheat, canola, and hay and raise cattle in their century-old ranching operation in Grangeville, Idaho.
