USDA released its quarterly June 1 Grain Stocks report Thursday, June 30. Corn: The US supposedly had 4.346 bb on hand as of June 1. This was in line with pre-report guesses I saw that had an average of 4.343 [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 2.026 bb (blue column) through Thursday, June 23, a point in the marketing year when a 5-year average of 82% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.901 bb (blue column) through Thursday, June 23, a point in the marketing year when a 5-year average of 89% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 8,972 thousand metric tons (blue columns) through Thursday, June 23, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 11.933 million bales (blue column) through Thursday, June 23, a point in the marketing year when a 5-year average of 89% of [...]

The latest weekly export sales and shipment update showed 2022-2023 marketing year export shipments of all U.S. wheat at 43 mb (blue column) through Thursday, June 23, a point in the marketing year when a 5-year average of 6% of [...]

USDA/NASS released its Quarterly Hogs and Pigs report for June 1, 2022, with the U.S. inventory number coming in at 72.5 million head (mh). This was down 1% from the previous June 1 number of 73.2 mh, down 6% from [...]

I'm adding another layer to this Weekly Commentary, comparing the latest Monday map not only to last week, but last year at this time as well. This should be fun. First, the weekly comparison doesn't show much change east of [...]

The weekly Export Inspections report for the week ending Thursday, June 23 was released Monday morning. Corn inspections came in at 1,246,014 mt (49.1 mb), up 5% from the previous week’s revised 1,192,151 mt (46.9 mb). Total marketing year inspections [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long corn futures position by 19,606 contracts, putting it at a total of 380,169 contracts as of Tuesday, June 21. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 4,288 contracts, putting it at 178,379 contracts as of Tuesday, June 21. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 19,067 contracts as of Tuesday, June 21, a decrease of 1,368 contracts. Included in this was a decrease in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 210 contracts, putting it at 66,045 contracts as of Tuesday, June 21. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their crude oil net-long futures position by 13,444 contracts, putting it at a total of 289,502 contracts as of Tuesday, June 21. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-short feeder cattle futures position (blue line) by 126 contracts, putting it at 1,386 contracts as of Tuesday, June 21. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 7,378 contracts, putting it at 40,122 contracts as of Tuesday, June 21. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long lean hog futures position (blue line) by 4,673 contracts, putting it at 12,059 contracts as of Tuesday, June 21. Included in this was an [...]

The June 1 Cattle on Feed numbers, including placements and marketings, were released Friday afternoon. The report showed 11.846 million head (mh) on feed as of June 1, 2022, reportedly “the highest June 1 inventory since the series began in [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.977 bb (blue column) through Thursday, June 16, a point in the marketing year when a 5-year average of 80% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.866 bb (blue column) through Thursday, June 16, a point in the marketing year when a 5-year average of 88% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 8,676 thousand metric tons (blue columns) through Thursday, June 16, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 11.562 million bales (blue column) through Thursday, June 16, a point in the marketing year when a 5-year average of 87% of [...]

The latest weekly export sales and shipment update showed 2022-2023 marketing year export shipments of all U.S. wheat at 34 mb (blue column) through Thursday, June 16, a point in the marketing year when a 5-year average of 4% of [...]

USDA/NASS released its Cold Storage report for May 31, 2022 Thursday afternoon. Total beef was down 2% from the previous month and up 25% from 2021 For the second consecutive month, monthly decreases were seen generally across the board Boneless [...]

I was interested to see what the latest weekly comparison of NWS Soil Moisture maps would show, and as expected, the situation worsened across much of the US Plains and Midwest. Readings dropped across the Central Plains, most notably Nebraska, [...]

The weekly Export Inspections report for the week ending Thursday, June 16 was released Tuesday morning. Corn inspections came in at 1,184,268 mt (46.6 mb), down 3% from the previous week’s revised 1,221,332 mt (48.1 mb). Total marketing year inspections [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long corn futures position by 8,511 contracts, putting it at a total of 399,775 contracts as of Tuesday, June 14. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long soybean futures position (blue line) by 6,023 contracts, putting it at 182,667 contracts as of Tuesday, June 14. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 20,435 contracts as of Tuesday, June 14, a decrease of 3,446 contracts. Included in this was a decrease in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 4,247 contracts, putting it at 66,255 contracts as of Tuesday, June 4. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their crude oil net-long futures position by 25,310 contracts, putting it at a total of 302,945 contracts as of Tuesday, June 14. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-short feeder cattle futures position (blue line) by 1,293 contracts, putting it at 1,260 contracts as of Tuesday, June 14. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 7,316 contracts, putting it at 32,744 contracts as of Tuesday, June 14. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long lean hog futures position (blue line) by 3,105 contracts, putting it at 7,386 contracts as of Tuesday, June 14. Included in this was a [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.932 bb (blue column) through Thursday, June 9, a point in the marketing year when a 5-year average of 78% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.866 bb (blue column) through Thursday, June 9, a point in the marketing year when a 5-year average of 87% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 8,462 thousand metric tons (blue columns) through Thursday, June 9, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 11.185 million bales (blue column) through Thursday, June 9, a point in the marketing year when a 5-year average of 85% of [...]

During my conversation on RFD-TV Tuesday, my friend and host Marlin Bohling pointed out the latest imaginary weekly corn crop condition numbers from NASS showed Nebraska and Ohio suffering while the rest of the Midwest was fine. Naturally, I laughed, [...]

The weekly Export Inspections report for the week ending Thursday, June 9 was released Monday morning. According to the official website, "This report will not be published on Monday, June 20, 2022 due to a Federal holiday." Corn inspections came [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long corn futures position by 12,936 contracts, putting it at a total of 391,264 contracts as of Tuesday, June 7. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 9,434 contracts, putting it at 176,644 contracts as of Tuesday, June 7. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 23,881 contracts as of Tuesday, June 7, an increase of 1,572 contracts. Included in this was a decrease in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 2 contracts, putting it at 70,682 contracts as of Tuesday, June 7. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their crude oil net-long futures position by 4,720 contracts, putting it at a total of 328,256 contracts as of Tuesday, June 7. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-short feeder cattle futures position (blue line) by 4,177 contracts, putting it at 2,553 contracts as of Tuesday, June 7. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 5,888 contracts, putting it at 25,428 contracts as of Tuesday, June 7. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long lean hog futures position (blue line) by 1,274 contracts, putting it at 10,491 contracts as of Tuesday, June 7. Included in this was an [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.877 bb (blue column) through Thursday, June 2, a point in the marketing year when a 5-year average of 76% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.840 bb (blue column) through Thursday, June 2, a point in the marketing year when a 5-year average of 86% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 8,238 thousand metric tons (blue columns) through Thursday, June 2, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 10.842 million bales (blue column) through Thursday, June 2, a point in the marketing year when a 5-year average of 82% of [...]

"The rain, the rain, falls mainly in the Plains..." While this catchy tune is generally right, at least for the last couple weeks, the US has not seen much improvement in soil moisture readings across the US Southern and Central [...]

The weekly Export Inspections report for the week ending Thursday, June 2 was released Monday morning. Corn inspections came in at 1,434,683 mt (56.5 mb), up 2% from the previous week’s revised 1,411,734 mt (55.6 mb). Total marketing year inspections [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.823 bb (blue column) through Thursday, May 26, a point in the marketing year when a 5-year average of 73% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.825 bb (blue column) through Thursday, May 26, a point in the marketing year when a 5-year average of 85% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 8,008 thousand metric tons (blue columns) through Thursday, May 26, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 10.495 million bales (blue column) through Thursday, May 26, a point in the marketing year when a 5-year average of 80% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 680.9 mb (blue column) through Thursday, May 26, a point in the marketing year when a 5-year average of 98% of [...]

The first thing that jumps out at me with this latest comparison of NWS Soil Moisture Maps (from Monday, May 23 through May, May 30) is the improvement seen across parts of western Kansas. The dark red area was pushed [...]

The weekly Export Inspections report for the week ending Thursday, May 26 was released Monday morning. Corn inspections came in at 1,390,851 mt (54.8 mb), down 21% from the previous week’s revised 1,752,461 mt (69.0 mb). Total marketing year inspections [...]

There were a couple markets that jumped out at me over the weekend in regards to the latest CFTC Commitment of Traders numbers, with one of them being corn. The weekly CFTC Commitments of Traders report (legacy, futures only) showed [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.761 bb (blue column) through Thursday, May 19, a point in the marketing year when a 5-year average of 70% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.81 bb (blue column) through Thursday, May 19, a point in the marketing year when a 5-year average of 84% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 7,839 thousand metric tons (blue columns) through Thursday, May 19, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 9.996 million bales (blue column) through Thursday, May 19, a point in the marketing year when a 5-year average of 77% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 667 mb (blue column) through Thursday, May 19, a point in the marketing year when a 5-year average of 96% of [...]

USDA/NASS released its Cold Storage report for April 30, 2022 on Monday, May 23. Total beef was down 1% from the previous month and up 18% from 2021 The slight month-to-month decrease in total beef stocks is interesting as it [...]

There isn't a lot of change in this week's NWS Soil Moisture map (left-hand side) from last week (right-hand side). The US Plains continue to be the main area of concern with most of the Central and Southern Plains continuing [...]

The weekly Export Inspections report for the week ending Thursday, May 19 was released Monday morning. Corn inspections came in at 1,669,092 mt (66.9 mb), up 60% from the previous week’s revised 1,060,330 mt (41.7 mb). Total marketing year inspections [...]

The May 1 Cattle on Feed numbers, including placements and marketings, were released Friday afternoon. The report showed 11.967 million head (mh) on feed as of May 1, 2022, reportedly “the highest May 1 inventory since the series began in [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.690 bb (blue column) through Thursday, May 12, a point in the marketing year when a 5-year average of 67% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.790 bb (blue column) through Thursday, May 12, a point in the marketing year when a 5-year average of 83% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 7,652 thousand metric tons (blue columns) through Thursday, May 12, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 9.672 million bales (blue column) through Thursday, May 12, a point in the marketing year when a 5-year average of 75% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 656 mb (blue column) through Thursday, May 12, a point in the marketing year when a 5-year average of 93% of [...]

A comparison of the latest NWS Soil Moisture maps for the US shows the situation across the Plains continues to worsen. US Southern Plains The area covered by the darkest shade of crimson continued to grow this past week. We [...]

The weekly Export Inspections report for the week ending Thursday, May 12 was released Monday morning. Corn inspections came in at 1,036,549 mt (40.8 mb), down 30% from the previous week’s revised 1,477,246 mt (58.2 mb). Total marketing year inspections [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long corn futures position by 30,957 contracts, putting it at a total of 470,978 contracts as of Tuesday, May 10. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 15,794 contracts, putting it at 174,608 contracts as of Tuesday, May 10. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 21,686 contracts as of Tuesday, May 10, an increase of 1,674 contracts. Included in this was an increase in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 1,674 contracts, putting it at 81,759 contracts as of Tuesday, May 10. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their crude oil net-long futures position by 10,898 contracts, putting it at a total of 310,803 contracts as of Tuesday, May 10. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-short feeder cattle futures position (blue line) by 456 contracts, putting it at 1,515 contracts as of Tuesday, May 10. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long live cattle futures position (blue line) by 7,233 contracts, putting it at 39,803 contracts as of Tuesday, May 10. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long lean hog futures position (blue line) by 5,671 contracts, putting it at 16,360 contracts as of Tuesday, May 10. Included in this was a [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.635 bb (blue column) through Thursday, May 5, a point in the marketing year when a 5-year average of 65% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.755 bb (blue column) through Thursday, May 5, a point in the marketing year when a 5-year average of 82% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 7,460 thousand metric tons (blue columns) through Thursday, May 5, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 9.318 million bales (blue column) through Thursday, May 5, a point in the marketing year when a 5-year average of 72% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 644 mb (blue column) through Thursday, May 5, a point in the marketing year when a 5-year average of 91% of [...]

It didn't take long for the US soil temperatures to get cranked up across the US Plains and Midwest, with Wednesday morning showing readings jumping up into the 70s and 80s. Further north, the Dakotas have climbed into the 50s [...]

The most noticeable change in soil moisture readings this past week is the big red blood-like stain over the Southern Plains spread. The darkest crimson area, representing lower than 1 percentile, now includes far western Kansas and eastern New Mexico. [...]

The weekly Export Inspections report for the week ending Thursday, April 28 was released Monday morning. Corn inspections came in at 1,392,685 mt (54.8 mb), down 18% from the previous week’s revised 1,696,181 mt (66.8 mb). Total marketing year inspections [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 4,240 contracts, putting it at a total of 501,865 contracts as of Tuesday, May 3. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 13,404 contracts, putting it at 190,402 contracts as of Tuesday, May 3. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 20,012 contracts as of Tuesday, May 3, a decrease of 1,638 contracts. Included in this was a decrease in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 1,688 contracts, putting it at 83,433 contracts as of Tuesday, May 3. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their crude oil net-long futures position by 5,638 contracts, putting it at a total of 321,701 contracts as of Tuesday, May 3. Included in this was increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-short feeder cattle futures position (blue line) by 710 contracts, putting it at 1,971 contracts as of Tuesday, May 3. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long live cattle futures position (blue line) by 14,313 contracts, putting it at 47,036 contracts as of Tuesday, May 3. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long lean hog futures position (blue line) by 10,305 contracts, putting it at 22,031 contracts as of Tuesday, May 3. Included in this was a [...]

Something new for this growing season will be a weekly look at the 4-inch soil temperature, at least until we get through the early stages of the growing season. So far this has been one of the issues slowing planting [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.576 bb (blue column) through Thursday, April 28, a point in the marketing year when a 5-year average of 63% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.738 bb (blue column) through Thursday, April 28, a point in the marketing year when a 5-year average of 81% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 7,221 thousand metric tons (blue columns) through Thursday, April 28, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 8.946 million bales (blue column) through Thursday, April 28, a point in the marketing year when a 5-year average of 70% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 635 mb (blue column) through Thursday, April 28, a point in the marketing year when a 5-year average of 89% of [...]

The first thing that jumps out at me in this weekly comparison of NWS Soil Moisture maps is what has happened across the US Plains. Recall much of the Southern Plains has seen rounds of rain the last week, with [...]

The weekly Export Inspections report for the week ending Thursday, April 28 was released Monday morning. Corn inspections came in at 1,650,844 mt (66.3 mb), up 1% from the previous week’s revised 1,665,105 mt (65.6 mb). Total marketing year inspections [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 2,987 contracts, putting it at a total of 497,625 contracts as of Tuesday, April 26. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long soybean futures position (blue line) by 3,708 contracts, putting it at 203,806 contracts as of Tuesday, April 26. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 21,650 contracts as of Tuesday, April 26, a decrease of 1,595 contracts. Included in this was a decrease in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their crude oil net-long futures position by 8,366 contracts, putting it at a total of 316,063 contracts as of Tuesday, April 26. Included in this was increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 3,375 contracts, putting it at 81,745 contracts as of Tuesday, April 26. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-short feeder cattle futures position (blue line) by 1,368 contracts, putting it at 1,261 contracts as of Tuesday, April 26. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 6,824 contracts, putting it at 61,349 contracts as of Tuesday, April 26. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long lean hog futures position (blue line) by 10,666 contracts, putting it at 32,336 contracts as of Tuesday, April 26. Included in this was a [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.501 bb (blue column) through Thursday, April 21, a point in the marketing year when a 5-year average of 60% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.717 bb (blue column) through Thursday, April 21, a point in the marketing year when a 5-year average of 80% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 6,988 thousand metric tons (blue columns) through Thursday, April 21, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 8.498 million bales (blue column) through Thursday, April 21, a point in the marketing year when a 5-year average of 67% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 620.8 mb (blue column) through Thursday, April 21, a point in the marketing year when a 5-year average of 87% of [...]

USDA/NASS released its Cold Storage report for March 31, 2022 on Friday, April 22. Total beef was up 1% from the previous month and up 11% from 2021 This has to be a concern to the market as beef cutout [...]

Something to ask the flock squawking endlessly about NASS' latest made-up crop progress and condition numbers: If we can look at these soil moisture maps, can we not see there are issues? It boggles the mind. But then again, it [...]

The weekly Export Inspections report for the week ending Thursday, April 21 was released Monday morning. Corn inspections came in at 1,650,844 mt (65.0 mb), up 40% from the previous week’s revised 1,175,398 mt (46.3 mb). Total marketing year inspections [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 5,031 contracts, putting it at a total of 500,612 contracts as of Tuesday, April 19. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long soybean futures position (blue line) by 1,803 contracts, putting it at 200,098 contracts as of Tuesday, April 19. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 23,245 contracts as of Tuesday, April 19, a decrease of 641 contracts. Included in this was an increase in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 1,900 contracts, putting it at 85,120 contracts as of Tuesday, April 19. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-short feeder cattle futures position (blue line) by 381 contracts, putting it at 2,629 contracts as of Tuesday, April 19. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 2,683 contracts, putting it at 54,525 contracts as of Tuesday, April 19. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long lean hog futures position (blue line) by 2,231 contracts, putting it at 43,002 contracts as of Tuesday, April 19. Included in this was a [...]

The April 1 Cattle on Feed numbers, including placements and marketings, were released Friday afternoon. The report showed 12.105 million head (mh) on feed as of April 1, 2022, reportedly “the highest April 1 inventory since the series began in [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 1.440 bb (blue column) through Thursday, April 14, a point in the marketing year when a 4-year average of 57% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.691 bb (blue column) through Thursday, April 14, a point in the marketing year when a 5-year average of 79% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 6,783 thousand metric tons (blue columns) through Thursday, April 14, a point in the marketing year when a 5-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 6.714 million bales (blue column) through Thursday, April 14, a point in the marketing year when a 5-year average of 65% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 611.8 mb (blue column) through Thursday, April 14, a point in the marketing year when a 5-year average of 84% of [...]

The first thing that jumps out at me with this weekly comparison of US soil moisture maps from the NWS is the improvement see across the Northern Plains. Note how northern Minnesota, eastern North Dakota, and northeast South Dakota are [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 8,508 contracts, putting it at a total of 495,581 contracts as of Tuesday, April 12. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 629 contracts, putting it at 198,295 contracts as of Tuesday, April 12. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a Chicago (SRW) net-long futures position of 23,886 contracts as of Tuesday, April 12, an increase of 3,935 contracts. Included in this was an increase in [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their crude oil net-long futures position by 3,816 contracts, putting it at a total of 304,778 contracts as of Tuesday, April 12. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 1,090 contracts, putting it at 83,220 contracts as of Tuesday, April 12. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-short feeder cattle futures position (blue line) by 1,854 contracts, putting it at 3,010 contracts as of Tuesday, April 12. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 2,775 contracts, putting it at 51,842 contracts as of Tuesday, April 12. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long lean hog futures position (blue line) by 4,729 contracts, putting it at 40,771 contracts as of Tuesday, April 12. Included in this was a [...]

The weekly Export Inspections report for the week ending Thursday, April 14 was released Monday morning. Corn inspections came in at 1,139,206 mt (44.8 mb), down 23% from the previous week’s revised 1,474,156 mt (58.0 mb). Total marketing year inspections [...]