The latest US drought monitor maps were released Thursday, conditions recorded this past Tuesday, with little change seen in the readings. Everything west of the Missouri River is generally in some degree of drought, while most areas east of the [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 724.3 mb (blue column) through Thursday, January 20, a point in the marketing year when a 4-year average of 29% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.287 bb (blue column) through Thursday, January 20, 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. soybean meal at 3,937 thousand metric tons (blue columns) through Thursday, January 20, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 3.767 million bales (blue column) through Thursday, January 20, a point in the marketing year when a 4-year average of 33% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 443.1 mb (blue column) through Thursday, January 20, a point in the marketing year when a 4-year average of 60% of [...]

USDA/NASS released its Cold Storage report for December 31, 2021 Monday afternoon. The Top 3 changes on my list this month have to be: Pork Bellies A 57% month-to-month increase and a 29% year-to-year increase, raising the question, Did the [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 19,354 contracts, putting it at a total of 388,138 contracts as of Tuesday, January 18. 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 10,257 contracts, putting it at 128,015 contracts as of Tuesday, January 18. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 4,840 contracts as of Tuesday, January 18, a switch of 6,306 contracts. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their crude oil net-long futures position by 25,276 contracts, putting it at a total of 385,781 contracts as of Tuesday, January 18. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 1,304 contracts, putting it at 95,126 contracts as of Tuesday, January 18. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long feeder cattle futures position (blue line) by 825 contracts, putting it at 4,978 contracts as of Tuesday, January 18. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 1,742 contracts, putting it at 63,562 contracts as of Tuesday, January 18. 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 2,349 contracts, putting it at 48,305 contracts as of Tuesday, January 18. Included in this was a [...]

As I said throughout this week, the January 1 Cattle on Feed number was going to be big. USDA released its January 1 Cattle on Feed report Friday with the on-feed number coming in at 12.037 million head (mh). This [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 667.8 mb (blue column) through Thursday, January 13, a point in the marketing year when a 4-year average of 28% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.229 bb (blue column) through Thursday, January 13, a point in the marketing year when a 4-year average of 55% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 3,610 thousand metric tons (blue columns) through Thursday, January 13, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 3.565 million bales (blue column) through Thursday, January 13, a point in the marketing year when a 4-year average of 32% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 429.8 mb (blue column) through Thursday, January 13, a point in the marketing year when a 4-year average of 59% of [...]

The latest two-week comparison of the US government Drought Monitor maps show not much has changed with the Plains dry from the southern tip of Texas to well north into Canada. This area covers much of the HRW and HRS [...]

The weekly Export Inspections report for the week ending Thursday, January 13 was released Tuesday morning. Corn inspections came in at 1,204,188 mt (47.4 mb), up 18% from the previous week’s 1,022,677 mt (40.3 mb). Total marketing year inspections of [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 37,989 contracts, putting it at a total of 407,492 contracts as of Tuesday, January 11. 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 7,716 contracts, putting it at 138,272 contracts as of Tuesday, January 11. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-short Chicago wheat futures position (blue line) of 1,466 contracts as of Tuesday, January 11, a switch of 5,546 contracts. 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 3,669 contracts, putting it at 93,822 contracts as of Tuesday, January 11. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their crude oil net-long futures position by 27,680 contracts, putting it at a total of 360,505 contracts as of Tuesday, January 11. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long feeder cattle futures position (blue line) by 406 contracts, putting it at 5,803 contracts as of Tuesday, January 11. 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 5,735 contracts, putting it at 50,654 contracts as of Tuesday, January 11. 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 616.7 mb (blue column) through Thursday, January 6, a point in the marketing year when a 4-year average of 27% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.162 bb (blue column) through Thursday, January 6, a point in the marketing year when a 4-year average of 53% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 3,350 thousand metric tons (blue columns) through Thursday, January 6, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 415.5 mb (blue column) through Thursday, January 6, a point in the marketing year when a 4-year average of 58% of [...]

In its January round of Supply and Demand reports, USDA increased US corn ending stocks by 47 mb to a total of 1.540 bb. This included a 53 mb increase in production (due to a 300,000 acre increase in harvested [...]

In its January round of Supply and Demand reports, USDA increased its 2021-2022 soybean ending stocks number by 10 mb to a total of 350 mb. This was a result of a 10 mb increase in total supplies by way [...]

In its January round of Supply and Demand reports, USDA raised its 2021-2022 all wheat ending stocks by 30 mb to a total of 628 mb. This was a result of a 10 mb decrees in total supplies (imports) and [...]

The latest two-week comparison of NWS Climate Prediction Center Soil Moisture maps, from Monday, January 3 to Monday January 10, shows us what we already know: Most of the US Plains and western Corn Belt continue to delay with soil [...]

The weekly Export Inspections report for the week ending Thursday, January 6 was released Monday morning. Corn inspections came in at 1,022,677 mt (40.3 mb), up 35% from the previous week’s revised 759,563 mt (29.9 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 12,695 contracts, putting it at a total of 445,481 contracts as of Tuesday, January 4. 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 5,271 contracts, putting it at 130,556 contracts as of Tuesday, January 4. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 4,080 contracts as of Tuesday, January 4, a decrease of 1,855 contracts. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 6,602 contracts, putting it at 97,491 contracts as of Tuesday, January 4. 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 5,604 contracts, putting it at a total of 332,825 contracts as of Tuesday, January 4. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long feeder cattle futures position (blue line) by 5,257 contracts, putting it at 6,209 contracts as of Tuesday, January 4. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 6,276 contracts, putting it at 71,879 contracts as of Tuesday, January 4. 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 1,350 contracts, putting it at 56,389 contracts as of Tuesday, January 4. 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 576.9 mb (blue column) through Thursday, December 30, a point in the marketing year when a 4-year average of 26% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.125 bb (blue column) through Thursday, December 30, a point in the marketing year when a 4-year average of 50% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 3,142 thousand metric tons (blue columns) through Thursday, December 30, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. cotton at 3.182 million bales (blue column) through Thursday, December 30, a point in the marketing year when a 4-year average of 29% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 406.0 mb (blue column) through Thursday, December 30, a point in the marketing year when a 4-year average of 56% of [...]

The latest two-week comparison of NWS Climate Prediction Center Soil Moisture maps shows little change from Monday, December 27 to Monday, January 3. As expected, the disappointing snowfall across the US Southern Plains this past weekend made little difference to [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their crude oil net-long futures position by 1,826 contracts, putting it at a total of 338,429 contracts as of Tuesday, December 28. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 12,856 contracts, putting it at a total of 458,176 contracts as of Tuesday, December 28. 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 22,408 contracts, putting it at 125,285 contracts as of Tuesday, December 28. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 5,935 contracts as of Tuesday, December 28, a decrease of 3,197 contracts. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 3,152 contracts, putting it at 90,889 contracts as of Tuesday, December 28. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders held a net-long feeder cattle futures position (blue line) of 957 contracts as of Tuesday, December 28, a switch of 1,378 contracts. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long live cattle futures position (blue line) by 753 contracts, putting it at 65,503 contracts as of Tuesday, December 28. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long lean hog futures position (blue line) by 2,443 contracts, putting it at 57,739 contracts as of Tuesday, December 28. Included in this was an [...]

The weekly Export Inspections report for the week ending Thursday, December 30 was released Monday morning. Corn inspections came in at 596,092 mt (23.5 mb), down 38% from the previous week’s revised 954,488 mt (37.6 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 538.1 mb (blue column) through Thursday, December 23, a point in the marketing year when a 5-year average of 25% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.063 bb (blue column) through Thursday, December 23, a point in the marketing year when a 5-year average of 46% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 2,914 thousand metric tons (blue columns) through Thursday, December 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 3.070 million bales (blue column) through Thursday, December 23, a point in the marketing year when a 5-year average of 26% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 398.2 mb (blue column) through Thursday, December 23, a point in the marketing year when a 5-year average of 55% of [...]

The latest two-week comparison of NWS Climate Prediction Center Soil Moisture maps again shows the deficit situation cross the US Southern Plains continues to worsen. Much of northern Texas and Oklahoma moved into the darker orange to red categories, roughly [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 18,699 contracts, putting it at a total of 445,320 contracts as of Tuesday, December 21. Included in this was an increase [...]

The weekly Export Inspections report for the week ending Thursday, December 23 was released Monday morning. Corn inspections came in at 719,031 mt (28.3 mb), down 28% from the previous week’s revised 1,001,528 mt (39.4 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 501.8 mb (blue column) through Thursday, December 16, a point in the marketing year when a 5-year average of 21% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 1.002 bb (blue column) through Thursday, December 16, a point in the marketing year when a 5-year average of 44% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 2,743 thousand metric tons (blue columns) through Thursday, December 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 2.901 million bales (blue column) through Thursday, December 16, a point in the marketing year when a 5-year average of 25% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 385.9 mb (blue column) through Thursday, December 16, a point in the marketing year when a 5-year average of 53% of [...]

USDA/NASS released its Quarterly Hogs and Pigs report for December 1, with the U.S. inventory number coming in at 74.2 million head (mh). This was down 3% from the previous December 1 number of 76.8 mh and down 2% from [...]

USDA released its December 1 Cattle on Feed report Thursday with the on-feed number coming in at 11.985 million head (mh). This was slightly less than the December 1, 2020 number of 12.036 mh but slightly larger than last month’s [...]

USDA/NASS released its Cold Storage report for November 30, 2021 Wednesday afternoon. November is known as Turkey Time here in the United States, and this was again reflected in the latest numbers. Total poultry was down 17% from the previous [...]

The latest two-week comparison of NWS Climate Prediction Center Soil Moisture maps shows the deficit situation cross the US Southern Plains continues to worsen. The deeper shade of orange across most of Oklahoma is significant, particularly with forecasts for much [...]

The weekly Export Inspections report for the week ending Thursday, December 16 was released Monday morning. Corn inspections came in at 1,001,528 mt (39.4 mb), up 9% from the previous week’s revised 917,100 mt (36.1 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 15,807 contracts, putting it at a total of 426,621 contracts as of Tuesday, December 14. 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 3,567 contracts, putting it at 63,221 contracts as of Tuesday, December 14. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 11,965 contracts as of Tuesday, December 14, a decrease of 3,702 contracts. 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 1,326 contracts, putting it at 88,688 contracts as of Tuesday, December 14. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long feeder cattle futures position (blue line) by 871 contracts, putting it at 4,094 contracts as of Tuesday, December 14. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 1,991 contracts, putting it at 79,514 contracts as of Tuesday, December 14. 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 1,905 contracts, putting it at 54,202 contracts as of Tuesday, December 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 458.4 mb (blue column) through Thursday, December 9, a point in the marketing year when a 5-year average of 23% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 934.1 mb (blue column) through Thursday, December 9, a point in the marketing year when a 5-year average of 41% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 2,346 thousand metric tons (blue columns) through Thursday, December 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 2.765 million bales (blue column) through Thursday, December 9, a point in the marketing year when a 5-year average of 24% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 379.0 mb (blue column) through Thursday, December 9, a point in the marketing year when a 5-year average of 51% of [...]

The latest two week comparison of NWS Climate Prediction Center Soil Moisture maps shows the deficit situation cross the US Southern Plains continues to worsen. We are seeing deficit areas expand and deepen, particularly across Texas and Oklahoma with dry [...]

The weekly Export Inspections report for the week ending Thursday, December 9 was released Monday morning. Corn inspections came in at 810,395 mt (31.9 mb), up 5% from the previous week’s revised 774,958 mt (30.5 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 15,902 contracts, putting it at a total of 410,814 contracts as of Tuesday, December 7. 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 4,337 contracts, putting it at 59,654 contracts as of Tuesday, December 7. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 15,667 contracts as of Tuesday, December 7, a decrease of 2,627 contracts. 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 6,981 contracts, putting it at 90,014 contracts as of Tuesday, December 7. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long feeder cattle futures position (blue line) by 538 contracts, putting it at 3,223 contracts as of Tuesday, December 7. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 2,869 contracts, putting it at 77,523 contracts as of Tuesday, December 7. 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 7,652 contracts, putting it at 52,297 contracts as of Tuesday, December 7. 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 415.4 mb (blue column) through Thursday, December 2, a point in the marketing year when a 5-year average of 21% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 863.6 mb (blue column) through Thursday, December 2, a point in the marketing year when a 5-year average of 38% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 2,156 thousand metric tons (blue columns) through Thursday, December 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 2.626 million bales (blue column) through Thursday, December 2, a point in the marketing year when a 5-year average of 22% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 368.9 mb (blue column) through Thursday, December 2, a point in the marketing year when a 5-year average of 49% of [...]

The latest two week comparison of NWS Climate Prediction Center Soil Moisture maps shows slight changes the week ending Monday, December 6 (left side) from the previous week (right side). The most significant change I see is increasing dryness across [...]

The weekly Export Inspections report for the week ending Thursday, December 2 was released Monday morning. Corn inspections came in at 758,169 mt (29.8 mb), down 6% from the previous week’s revised 805,214 mt (31.7 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 22,177 contracts, putting it at a total of 394,912 contracts as of Tuesday, November 30. 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 10,897 contracts, putting it at 55,317 contracts as of Tuesday, November 30. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 18,294 contracts as of Tuesday, November 30, a decrease of 23,195 contracts. 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 10,116 contracts, putting it at 96,995 contracts as of Tuesday, November 30. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders flipped to a net-long feeder cattle futures position (blue line) of 3,761, a switch  by 3,897 contracts as of Tuesday, November 30. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 9,193 contracts, putting it at 74,654 contracts as of Tuesday, November 30. 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 4,756 contracts, putting it at 59,949 contracts as of Tuesday, November 30. 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 379.8 mb (blue column) through Thursday, November 25, a point in the marketing year when a 5-year average of 19% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 774.2 mb (blue column) through Thursday, November 25, a point in the marketing year when a 5-year average of 35% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybean meal at 1,851 thousand metric tons (blue columns) through Thursday, November 22, 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 2.502 million bales (blue column) through Thursday, November 25, a point in the marketing year when a 5-year average of 21% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 362.0 mb (blue column) through Thursday, November 25, a point in the marketing year when a 5-year average of 47% of [...]

The latest two week comparison of NWS Climate Prediction Center Soil Moisture maps shows slight changes the week ending Monday, November 29 (left side) from the previous week (right side). I did hear this morning parts of North Dakota and [...]

The weekly Export Inspections report for the week ending Thursday, November 25 was released Monday morning. Corn inspections came in at 766,063 mt (30.2 mb), down 7% from the previous week’s revised 825,650 mt (32.5 mb) Total marketing year inspections [...]

The latest two week comparison of NWS Climate Prediction Center Soil Moisture maps shows slight changes the week ending Monday, November 22 (left side) from the previous week (right side). The first thing I noticed was increasing deficits across eastern [...]

USDA/NASS released its Cold Storage report for October 31, 2021 Monday afternoon. Once again, while acknowledging it is only a USDA report, there were some item of interest: Total poultry was down 8% from the previous month but down 18% [...]

The weekly Export Inspections report for the week ending Thursday, November 11 was released Monday morning. Corn inspections came in at 618,490 mt (24.3 mb), down 29% from the previous week’s revised 866,891 mt (34.1 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 23,888 contracts, putting it at a total of 399,186 contracts as of Tuesday, November 16. 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 19,333 contracts, putting it at 46,917 contracts as of Tuesday, November 16. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 36,761 contracts as of Tuesday, November 16, an increase of 17,558 contracts. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 4,928 contracts, putting it at 108,451 contracts as of Tuesday, November 16. 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 921 contracts, putting it at 4,370 contracts as of Tuesday, November 16. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 6,023 contracts, putting it at 52,226 contracts as of Tuesday, November 16. 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 1,827 contracts, putting it at 46,764 contracts as of Tuesday, November 16. Included in this was an [...]

USDA released its November 1 Cattle on Feed report Friday with the on-feed number coming in at 11.948 million head (mh). This was on par with the November 1, 2020 number of 11.973 mh but up 3% from last month’s [...]

 The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. corn at 306.3 mb (blue column) through Thursday, November 11, a point in the marketing year when a 5-year average of 17% of what [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of U.S. soybeans at 608.4 mb (blue column) through Thursday, November 11, a point in the marketing year when a 5-year average of 28% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 1,310 thousand metric tons (blue columns) through Thursday, November 11, 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 2.324 million bales (blue column) through Thursday, November 11, a point in the marketing year when a 5-year average of 18% of [...]

The latest weekly export sales and shipment update showed 2021-2022 marketing year export shipments of all U.S. wheat at 340.8 mb (blue column) through Thursday, November 11, a point in the marketing year when a 5-year average of 44% of [...]

The latest two week comparison of NWS Climate Prediction Center Soil Moisture maps shows the situation didn’t change much the week ending Monday, November 15 (left side) from the previous week (right side). However, some improvement was seen across the [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 7,811 contracts, putting it at a total of 375,298 contracts as of Tuesday, November 9. 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 31,172 contracts, putting it at 27,584 contracts as of Tuesday, November 9. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders holding a net-long Chicago wheat futures position (blue line) of 19,203 contracts as of Tuesday, November 9, an increase of 1,307 contracts. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 40 contracts, putting it at 103,513 contracts as of Tuesday, November 9. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-short feeder cattle futures position (blue line) by 1,008 contracts, putting it at 3,449 contracts as of Tuesday, November 9. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long live cattle futures position (blue line) by 4,309 contracts, putting it at 46,203 contracts as of Tuesday, November 9. 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 1,028 contracts, putting it at 44,937 contracts as of Tuesday, November 9. Included in this was a [...]

The weekly Export Inspections report for the week ending Thursday, November 11 was released Monday morning. Corn inspections came in at 855,698 mt (33.7 mb), up 32% from the previous week’s revised 649,023 mt (25.6 mb) Total marketing year inspections [...]

In its November round of supply and demand guesses released this past Tuesday, USDA bumped up its ending stocks estimate to 583 mb from last month's 580 mb. This was the result of a 13 mb decrease in total supplies; [...]

As I've mentioned a couple different times since USDA released its monthly supply and demand guesses this past Tuesday, the government continues to overstate US soybean supplies. While total supplies were reduced 23 mb in the November data dump, due [...]