USDA/NASS released its Cold Storage report for May 31, 2021 Tuesday afternoon. As with most other studies, I’m going to focus on month-to-month changes rather than comparing back to 2020. Nearly every number from that year should come with an [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Monday, June 21, shows the situation continues to worsen across the US Northern Plains and upper Midwest despite another week of rains last [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 27,052 contracts, putting it at a total of 401,376 contracts as of Tuesday, June 15. 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 21,295 contracts, putting it at 205,393 contracts as of Tuesday, June 15. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long Chicago wheat futures position (blue line) by 4,669 contracts to a total of 13,948 contracts as of Tuesday, June 15. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 375 contracts, putting it at 65,704 contracts as of Tuesday, June 15. 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 1,178 contracts, putting it at 4,567 contracts as of Tuesday, June 15. 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 7,833 contracts, putting it at 69,321 contracts as of Tuesday, June 15. 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 2,690 contracts, putting it at 84,053 contracts as of Tuesday, June 15. Included in this was an [...]

The weekly Export Inspections report for the week ending Thursday, June 17 was released Monday morning. Corn inspections came in at 1,481,426 mt (58.3 mb), down 8% from the previous week’s revised 1,610,533 mt (63.4 mb). Total marketing year export [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 2.148 bb (blue columns) through Thursday June 10, a point in the marketing year when a 4-year average of 78% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.127 bb (blue columns) through Thursday, June 10, a point in the marketing year when a 4-year average of 84% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 8,657 thousand metric tons (blue columns) through Thursday, June 10, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 13.834 million bales (blue column) through Thursday, June 10, a point in the marketing year when a 4-year average of 84% of [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Monday, June 14, shows no improvement in soil moisture deficits for much of the US Northern Plains and upper Midwest, despite last week's [...]

The weekly Export Inspections report for the week ending Thursday, June 10 was released Monday morning. Corn inspections came in at 1,544,031 mt (60.8 mb), up 8% from the previous week’s revised 1,426,845 mt (56.2 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 23,948 contracts, putting it at a total of 428,428 contracts as of Tuesday, June 8. 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 2,342 contracts, putting it at 226,688 contracts as of Tuesday, June 8. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long Chicago wheat futures position (blue line) by 178 contracts to a total of 18,617 contracts as of Tuesday, June 8. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 1,873 contracts, putting it at 66,079 contracts as of Tuesday, June 8. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long feeder cattle futures position (blue line) by 1,344 contracts, putting it at 3,389 contracts as of Tuesday, June 8. 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 2,002 contracts, putting it at 61,488 contracts as of Tuesday, June 8. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long lean hog futures position (blue line) by 1,068 contracts, putting it at 81,363 contracts as of Tuesday, June 8. Included in this was an [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 2.083 bb (blue columns) through Thursday June 3, a point in the marketing year when a 4-year average of 77% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.122 bb (blue columns) through Thursday, June 3, a point in the marketing year when a 4-year average of 83% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 8,458 thousand metric tons (blue columns) through Thursday, June 3, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 13.518 million bales (blue column) through Thursday, June 3, a point in the marketing year when a 4-year average of 82% of [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, June 8, shows the deepest deficit areas of the US Northern Plains and northern Midwest extending south. The two key areas of [...]

The weekly Export Inspections report for the week ending Thursday, June 3 was released Monday morning. Corn inspections came in at 1,413,073 mt (55.6 mb), down 34% from the previous week’s revised 2,104,363 mt (84.3 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 23,950 contracts, putting it at a total of 452,376 contracts as of Tuesday, June 1. 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 3,291 contracts, putting it at 224,346 contracts as of Tuesday, June 1. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long Chicago wheat futures position (blue line) by 384 contracts to a total of 18,795 contracts as of Tuesday, June 1. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 553 contracts, putting it at 64,206 contracts as of Tuesday, June 1. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long feeder cattle futures position (blue line) by 375 contracts, putting it at 4,733 contracts as of Tuesday, June 1. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long live cattle futures position (blue line) by 7,105 contracts, putting it at 59,486 contracts as of Tuesday, June 1. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long lean hog futures position (blue line) by 320 contracts, putting it at 80,295 contracts as of Tuesday, June 1. Included in this was an [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 8,270 thousand metric tons (blue columns) through Thursday, May 27, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 2.018 bb (blue columns) through Thursday May 2, a point in the marketing year when a 4-year average of 74% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.112 bb (blue columns) through Thursday, May 27, a point in the marketing year when a 4-year average of 82% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 13.244 million bales (blue column) through Thursday, May 27, a point in the marketing year when a 4-year average of 79% of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 894.6 mb (blue column) through Thursday, May 27, a point in the marketing year when a 4-year average of 98% of [...]

The weekly Export Inspections report for the week ending Thursday, May 27 was released Tuesday morning. Corn inspections came in at 2,049,217 mt (80.7 mb), up 17% from the previous week’s revised 1,746,162 mt (68.7 mb). Total marketing year export [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, June 1, shows the two key growing areas of the US Northern Plains and northern Midwest are registering increased deficits heading into [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 31,052 contracts, putting it at a total of 428,426 contracts as of Tuesday, May 25. 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 7,286 contracts, putting it at 221,055 contracts as of Tuesday, May 25. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long Chicago wheat futures position (blue line) by 7,337 contracts to a total of 18,411 contracts as of Tuesday, May 25. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 9,000 contracts, putting it at 63,653 contracts as of Tuesday, May 25. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long feeder cattle futures position (blue line) by 1,573 contracts, putting it at 4,358 contracts as of Tuesday, May 25. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long live cattle futures position (blue line) by 364 contracts, putting it at 66,591 contracts as of Tuesday, May 25. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long lean hog futures position (blue line) by 2,861 contracts, putting it at 79,975 contracts as of Tuesday, May 25. Included in this was an [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.934 bb (blue columns) through Thursday May 20, a point in the marketing year when a 4-year average of 72% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 7,989 thousand metric tons (blue columns) through Thursday, May 20, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.103 bb (blue columns) through Thursday, May 20, a point in the marketing year when a 4-year average of 81% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 12.863 million bales (blue column) through Thursday, May 20, a point in the marketing year when a 4-year average of 77% of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 885.2 mb (blue column) through Thursday, May 20, a point in the marketing year when a 4-year average of 96% of [...]

The weekly CME Deliverable Stocks update for the week ending Friday, May 21 was released Tuesday. Corn stocks decreased by 788,000 bushels from the previous week and were 213,000 bushels less than the previous year. Soybean stocks decreased by 289,000 [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, May 25, is almost as confusing as the previous week's map (right hand side). The US Plains and Midwest have seen rain [...]

USDA/NASS released its Cold Storage report for April 30, 2021 Monday afternoon. As with most other studies, I'm going to focus on month-to-month changes rather than comparing back to 2020. Nearly every number from that year should come with an [...]

The weekly Export Inspections report for the week ending Thursday, May 20 was released Monday morning. Corn inspections came in at 1,727,878 mt (68.0 mb), down 13% from the previous week’s revised 1,983,459 mt (78.1 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 41,378 contracts, putting it at a total of 459,478 contracts as of Tuesday, May 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 17,567 contracts, putting it at 228,341 contracts as of Tuesday, May 18. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long Chicago wheat futures position (blue line) by 1,425 contracts to a total of 25,748 contracts as of Tuesday, May 18. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 7,460 contracts, putting it at 72,653 contracts as of Tuesday, May 18. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long feeder cattle futures position (blue line) by 991 contracts, putting it at 2,785 contracts as of Tuesday, May 18. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long live cattle futures position (blue line) by 3,801 contracts, putting it at 66,955 contracts as of Tuesday, May 18. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long lean hog futures position (blue line) by 2,533 contracts, putting it at 77,114 contracts as of Tuesday, May 18. Included in this was a [...]

USDA released its May 1 Cattle on Feed report Friday with the number coming in at 11.725 million head (mh, brown column), up 5% from the May 1, 2020 number of 11.200 mh. According the USDA’s release, this “is the [...]

USDA released its April Livestock Slaughter report Thursday, and the official lede says it all: "Record High Total Red Meat, Beef, and Pork in April. My attached chart goes back only 5 years, and you'll note I've attached an asterisk [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.093 bb (blue columns) through Thursday, May 13, a point in the marketing year when a 4-year average of 80% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 7,797 thousand metric tons (blue columns) through Thursday, May 13, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.862 bb (blue columns) through Thursday May 13, a point in the marketing year when a 4-year average of 69% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 12.522 million bales (blue column) through Thursday, May 13, a point in the marketing year when a 4-year average of 75% of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 866.2 mb (blue column) through Thursday, May 13, a point in the marketing year when a 4-year average of 94% of [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, May 18, paints an interesting picture. We've seen new-crop corn, soybeans, and spring wheat fall apart this week starting with last weekend's [...]

The weekly CME Deliverable Stocks update for the week ending Friday, May 14 was released Tuesday. Corn stocks decreased by 432,000 bushels from the previous week but were 997,000 bushels more than the previous year. Soybean stocks decreased by 171,000 [...]

The weekly Export Inspections report for the week ending Thursday, May 13 was released Monday morning. Corn inspections came in at 1,892,243 mt (67.2 mb), up 10% from the previous week’s revised 1,716,299 mt (67.6 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 1,679 contracts, putting it at 245,908 contracts as of Tuesday, May 11. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 35,290 contracts, putting it at a total of 500,856 contracts as of Tuesday, May 11. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long Chicago wheat futures position (blue line) by 3,717 contracts to a total of 24,323 contracts as of Tuesday, May 11. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 3,201 contracts, putting it at 80,113 contracts as of Tuesday, May 11. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long feeder cattle futures position (blue line) by 246 contracts, putting it at 1,794 contracts as of Tuesday, May 11. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long live cattle futures position (blue line) by 7,725 contracts, putting it at 63,154 contracts as of Tuesday, May 11. Included in this was an [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long lean hog futures position (blue line) by 3,001 contracts, putting it at 74,581 contracts as of Tuesday, May 11. Included in this was a [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.080 bb (blue columns) through Thursday, May 6, a point in the marketing year when a 4-year average of 79% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 7,701 thousand metric tons (blue columns) through Thursday, May 6, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.773 bb (blue columns) through Thursday May 6, a point in the marketing year when a 4-year average of 67% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 12.169 million bales (blue column) through Thursday, May 6, a point in the marketing year when a 4-year average of 72% of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 845.3 mb (blue column) through Thursday, May 6, a point in the marketing year when a 4-year average of 91% of [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, May 11, shows more red across key parts of the US Midwest. Most notable is the increased soil moisture deficit seen across [...]

The weekly CME Deliverable Stocks update for the week ending Friday, May 7 was released Tuesday. Corn stocks decreased by 159,000 bushels from the previous week but were 1.25 mb more than the previous year. Soybean stocks decreased by 353,000 [...]

The weekly Export Inspections report for the week ending Thursday, May 6 was released Monday morning. Corn inspections came in at 1,707,142 mt (67.2 mb), down 23% from the previous week’s revised 2,211,277 mt (87.1 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 3,046 contracts, putting it at 247,587 contracts as of Tuesday, May 4. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 14,582 contracts, putting it at a total of 536,146 contracts as of Tuesday, May 4. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long Chicago wheat futures position (blue line) by 1,664 contracts to a total of 28,040 contracts as of Tuesday, May 4. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 2,139 contracts, putting it at 83,314 contracts as of Tuesday, May 4. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long feeder cattle futures position (blue line) by 1,405 contracts, putting it at 1,548 contracts as of Tuesday, May 4. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long live cattle futures position (blue line) by 6,825 contracts, putting it at 55,429 contracts as of Tuesday, May 4. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long lean hog futures position (blue line) by 480 contracts, putting it at 77,582 contracts as of Tuesday, May 4. Included in this was a [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.070 bb (blue columns) through Thursday, April 29, a point in the marketing year when a 4-year average of 78% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 7,506 thousand metric tons (blue columns) through Thursday, April 29, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.713 bb (blue columns) through Thursday April 29, a point in the marketing year when a 4-year average of 65% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 11.873 million bales (blue column) through Thursday, April 29, a point in the marketing year when a 4-year average of 69% of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 826.1 mb (blue column) through Thursday, April 29, a point in the marketing year when a 4-year average of 89% of [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, May 4, shows the deficit across parts of the US Midwest continues to grow. Most of western Iowa and southern Minnesota are [...]

The weekly CME Deliverable Stocks update for the week ending Friday, April 30 was released. Corn stocks decreased by 1.162 mb from the previous week but were still 1.8 mb more than the previous year. Soybean stocks decreased by 450,000 [...]

The weekly Export Inspections report for the week ending Thursday, April 29 was released Monday morning. Corn inspections came in at 2,139,077 mt (84.2 mb), up 9% from the previous week’s revised 1,954,012 mt (76.9 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long soybean futures position (blue line) by 7,471 contracts, putting it at 50,633 contracts as of Tuesday, April 27. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 1,181 contracts, putting it at a total of 521,564 contracts as of Tuesday, April 27. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long Chicago wheat futures position (blue line) by 8,680 contracts to a total of 29,704 contracts as of Tuesday, April 27. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 9,257 contracts, putting it at 85,453 contracts as of Tuesday, April 27. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long feeder cattle futures position (blue line) by 1,259 contracts, putting it at 2,953 contracts as of Tuesday, April 27. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long live cattle futures position (blue line) by 11,951 contracts, putting it at 62,254 contracts as of Tuesday, April 27. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long lean hog futures position (blue line) by 1,715contracts, putting it at 78.062 contracts as of Tuesday, April 27. Included in this was a decrease [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.060 bb (blue columns) through Thursday, April 22, a point in the marketing year when a 4-year average of 77% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 7,305 thousand metric tons (blue columns) through Thursday, April 22, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.626 bb (blue columns) through Thursday April 22, a point in the marketing year when a 4-year average of 62% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 11.391 million bales (blue column) through Thursday, April 22, a point in the marketing year when a 4-year average of 66% of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 804.6 mb (blue column) through Thursday, April 22, a point in the marketing year when a 4-year average of 87% of [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, April 27, shows the deficit across the northern US Midwest continues to grow. Starting out west, the situation intensified across Iowa and [...]

The weekly Export Inspections report for the week ending Thursday, April 22 was released Monday morning. Corn inspections came in at 1,951,012 mt (76.8 mb), up 25% from the previous week’s revised 1,559,267 mt (61.4 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long soybean futures position (blue line) by 19,144 contracts, putting it at 243,162 contracts as of Tuesday, April 20. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their corn net-long futures position by 20,541 contracts, putting it at a total of 522,745 contracts as of Tuesday, April 20. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long Chicago wheat futures position (blue line) by 15,508 contracts to a total of 21,024 contracts as of Tuesday, April 20. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their net-long cotton futures position (blue line) by 3,816 contracts, putting it at 76,196 contracts as of Tuesday, April 20. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long live cattle futures position (blue line) by 16,098 contracts, putting it at 74,205 contracts as of Tuesday, April 20. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long lean hog futures position (blue line) by 5,450 contracts, putting it at 79,777 contracts as of Tuesday, April 20. Included in this was a [...]

USDA released its April 1 Cattle on Feed report Friday with the number coming in at 12.897 million head (mh, brown column), up 5% from the April 1, 2020 number of 11.297 mh. According the USDA’s release, this “is the [...]

USDA/NASS released its Cold Storage report for March 31, 2021 Thursday afternoon. Total beef stocks decreased by 6% during March, and were 4% below the previous year. there are a number of factors we have to keep in mind: The [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.048 bb (blue columns) through Thursday, April 15, a point in the marketing year when a 4-year average of 76% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 7,117 thousand metric tons (blue columns) through Thursday, April 15, a point in the marketing year when a 4-year average of [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.551 bb (blue columns) through Thursday April 15, a point in the marketing year when a 4-year average of 59% of what [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 11.034 million bales (blue column, bottom of the chart) through Thursday, April 15, a point in the marketing year when a 4-year [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 784.4 mb (blue column, bottom of the chart) through Thursday, April 15, a point in the marketing year when a 4-year [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, April 20, shows some key growing areas dried out again over the past week when compared to the previous week's map (right [...]

The weekly CME Deliverable Stocks update for the week ending Friday, April 16 was released Tuesday. Corn stocks decreased by 747,000 mb from the previous week but were still 3.843 mb more than the previous year. Soybean stocks increased by [...]

he weekly Export Inspections report for the week ending Thursday, April 15 was released Monday morning. Corn inspections came in at 1,524,777 mt (60.0 mb), down 12% from the previous week’s revised 1,727,589 mt (68.0 mb). Total marketing year export [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long soybean futures position (blue line) by 9,785 contracts, putting it at 224,018 contracts as of Tuesday, April 13. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increased their corn net-long futures position by 7,134 contracts, putting it at a total of 543,286 contracts as of Tuesday, April 13. Included in this was an increase [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long Chicago wheat futures position (blue line) by 5,688 contracts to a total of 5,516 contracts as of Tuesday, April 13. Included in this was [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreased their net-long cotton futures position (blue line) by 2,008 contracts, putting it at 72,380 contracts as of Tuesday, April 13. Included in this was a decrease [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders decreasing their net-long live cattle futures position (blue line) by 2,380 contracts, putting it at 90,303 contracts as of Tuesday, April 13. Included in this was a [...]

The weekly CFTC Commitments of Traders report (legacy, futures only) showed noncommercial traders increasing their net-long lean hog futures position (blue line) by 3,020 contracts, putting it at 85,277 contracts as of Tuesday, April 13. Included in this was an [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybeans at 2.039 bb (blue column, bottom of the chart) through Thursday, April 8, a point in the marketing year when a 4-year average [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. soybean meal at 6,915 thousand metric tons (blue column, bottom of the chart) through Thursday, April 8, a point in the marketing year when [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. corn at 1.488 bb (blue column, bottom of the chart) through Thursday April 8, a point in the marketing year when a 4-year average [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of U.S. cotton at 10.687 million bales (blue column, bottom of the chart) through Thursday, April 8, a point in the marketing year when a 4-year [...]

The latest weekly export sales and shipment update showed 2020-2021 marketing year export shipments of all U.S. wheat at 763.8 mb (blue column, bottom of the chart) through Thursday, April 8, a point in the marketing year when a 4-year [...]

This week’s soil moisture map (left hand side) from the National Weather Service Climate Prediction Center, for Tuesday, April 13, shows some areas of improvement from the previous week (right hand side map). The area that jumps out at me [...]

The weekly CME Deliverable Stocks update for the week ending Friday, April 9 was released Tuesday. Corn stocks decreased by 2.826 mb from the previous week but were still 3.769 mb more than the previous year. Soybean stocks decreased by [...]