End of Da

Corn: Futures ended near $4.40 support (opinion) Tested $4.49 potentially resistance overnight Weekly US corn export sales estimated at 700-1,200 mt vs 1,056 last week Soybeans: Futures near $11.50 support (opinion) Tested $11.75 potentially resistance overnight...

AM AG Update June 20 2024

– US cattle kills: 121,000, running 7,000 below week ago and 17,000 below year ago- Choice beef price: $320.70- Selected beef price: $303.26- Negotiated steer price as of May 18: $192.45- June Live Cattle Futures Price settled Tuesday at 186.67- Cattle on feed...

End of Day Ag Update June 18

Corn: Prices rebounded $0.04-$0.06 today Corn emergence at 93% vs. 95% last year and 5 year average of 92% Ratings slipped 2% to 72% good/excellent, with a 2% shift to fair Crop Condition (CC) index at 83.1, matching highest since 2020 Chinese imports in May 2024 at...

AM AG Update: June 18th, 2024

– Agricultural commodities:- 3-4 cent gains overnight in both corn and soybeans – 93% planting progress for corn and soybeans- 49% winter wheat conditions rated good to excellent (up 2%)- 76% spring wheat conditions rated good to excellent (up 4%)- 1...

Crop Progress, June 17

Corn: Emergence at 93%, in line with 5-year average of 92% but behind 95% last year Ratings at 72% G/E, down 2% from previous week Crop condition index at 83.1, matching highest since 2020 Ratings declined in 10 states, improved in 8 states Biggest drops: NC (-21%),...