Latest News From COMMODITY UPDATE

Cargill to Build Soy Processing Plant in Missouri
Cargill to Build Soy Processing Plant in Missouri

Cargill unveiled plans to build a new soybean processing facility located in Pemiscot Co., Missouri . . .

Corn Planting Nearly Half Done
Corn Planting Nearly Half Done

Planting progress for top 12 corn production states.

SRW Wheat Futures Rise 70¢ Limit
SRW Wheat Futures Rise 70¢ Limit

Corn, soybeans & wheat all higher.

Wheat Inspections Report
Wheat Inspections Report

Wheat inspected for export.

Morning Calls (5/16)
Morning Calls (5/16)

Morning grain calls & general comments.

Record NOPA April Soy Crush Expected
Record NOPA April Soy Crush Expected

Record NOPA crush report expected.

Weather Delays Limiting Selling
Weather Delays Limiting Selling

Weather-delayed fieldwork and reduced yield prospects are limiting selling. . .

Morning Calls (5/13)
Morning Calls (5/13)

Morning grain calls.

Vilsack Comments on Inputs
Vilsack Comments on Inputs

Comments from USDA Secretary Tom Vilsack at Tuesday's Senate Ag Appropriations Subcommittee hearing

Crops Close Higher
Crops Close Higher

Corn, soybeans and wheat finish higher.

Slow Planting Concerns Support Soybean Futures
Slow Planting Concerns Support Soybean Futures

Concerns over slow planting progress continue to support new-crop soybean futures.

Morning Soybean Analysis (5/11)
Morning Soybean Analysis (5/11)

Morning soybean analysis.

Follow-through Buying Overnight (5/11)
Follow-through Buying Overnight (5/11)

overnight market recap

Wheat Futures in Corrective Bounce
Wheat Futures in Corrective Bounce

Wheat futures rose in a corrective bounce from sharp declines yesterday . . .

Weakened Technicals for Corn
Weakened Technicals for Corn

Nearby corn futures’ technicals weakened Monday as funds sold an estimated 14,000 contracts. . .

Morning Calls (5/10)
Morning Calls (5/10)

Morning Grain Calls

Soybean Planting Half of Normal Pace
Soybean Planting Half of Normal Pace

Soybean planting increased only four percentage points over the past week to 12% done, half of the five-year average.

Crops Recap (5/9)
Crops Recap (5/9)

Recaps of today's corn, soybeans & wheat market action.

soybeans_indiana_-_Copy
Reduced Bullish Bets in Soybean Market

The manage money net long in soybean futures and options fell 20,224 contracts. . .

Update: China Soybean Imports
Update: China Soybean Imports

China imported 8.1 MMT of soybeans last month. . .

Morning Calls (5/9)
Morning Calls (5/9)

Morning Grain Calls

Overnight Update (5/9)
Overnight Update (5/9)

Corn, soybeans & wheat overnight recap.

pC12 Banking on Biofuels 1
Germany Says Ag-Based Biofuels Not Only Way to Reduce Emissions

The European Union has agreed on a 7% cap for food-based biofuels. Germany is seeking to reduce that figure further.

30 Day Cattle Outlook (4/30)
30 Day Cattle Outlook (4/30)

History strongly suggests retailers will be buying beef quite strongly over the next six weeks.

California Drought Dry Riverbed 2009
Weather Extremes Hampering Canadian Planting Progress

Farmers in Canada are struggling to plant crops in fields that are either too wet or too dry in the Prairie provinces.

Fertilizer
Major Brazilian Soybean Grower to Cut Fertilizer Use

One of Brazil’s largest farmers plans to reduce fertilizer use by a quarter next season, relying on more precise applications and soil testing to maintain crop yields, Bloomberg reported.

Higher Retail Meat Prices Will Test Consumer Demand
Higher Retail Meat Prices Will Test Consumer Demand

U.S. consumer demand for retail meat remains exceptionally strong despite higher prices stemming from increased production costs and supply-chain limitations.