John Perkins

Sep. corn $4.49 and 1/4, up 8 and 1/2 centsSep. soybeans $11.73 and 3/4, up 3 centsSep. soybean meal $315.40, up 50 centsSep. soybean oil 68.79, up 153 pointsSep. Chicago wheat $6.51, up 11 and 3/4 centsOct. live cattle $226.72, down 52 centsSep. feeder cattle $342.55, down $1.22Oct. lean hogs $83.67, down $1.17Sep. Class III […]

Soybeans were higher on short covering and technical buying. Parts of the region got rain over the weekend and forecasts for early August mostly look favorable. After that, the picture gets a little cloudier, with the potential for the emergence of another hot, dry stretch. The USDA says 63% of U.S. soybeans are good to […]

U.S. crop condition ratings generally declined over the past week. Some key U.S. growing areas did see more seasonal temperatures and rainfall, while other portions of the region continued to experience high heat and parts of the Midwest had severe storms.

Soybeans were lower on fund and technical selling. Near-term development weather looks favorable, including rain in some key growing areas, and crude oil was down sharply. The USDA’s national good to excellent rating did hold over the past week but is below a year ago. China bought 132,000 tons of new crop U.S. beans ahead […]

U.S. ethanol exports continue to move out at a record pace. The Renewable Fuels Association says 206.1 million gallons of ethanol left U.S. ports in June, up 9% from May.

U.S. ethanol production backed off a little bit last week. The U.S. Energy Information Administration says production averaged 1.107 million barrels per day, down 26,000 from the previous week, which was the second highest weekly average on record. That was still up 26,000 from a year ago as the industry tries to meet domestic and […]

The USDA’s weekly hatchery numbers continue to point to rising chicken production in 2026. 254.134 million broiler-type eggs were set into incubation last week, 267,000 less than the previous week, but 2% more than a year ago, even as the average rate of hatchability declined slightly to 79.1%. 194.392 million broiler-type chicks were placed into […]

Soybeans were lower on fund and technical selling. The trade is monitoring near-term weather, including seasonal temperatures and rain in some areas. Contracts did finish towards the middle of the day’s session, which might be a sign the downside objectives have been met. The USDA will update their U.S. production estimates on the 12th in […]

Old crop corn, cotton, and soybean export sales fell to marketing year lows during the week ending July 30 th. That is not uncommon as all three of those commodities prepare to close out their current respective marketing years, and new crop sales were solid. Beef and pork were both larger than average. Export demand is influenced by several factors, including seasonal changes in supply and the value of the dollar relative to other currencies. The USDA’s updated supply and demand projections are out August 12 th

Soybeans were modestly higher on short covering and technical buying. It was an up and down day, with traders looking at favorable development weather, but contracts eventually found some support and crude oil was higher. While old crop export sales were a marketing year low, new crop sales were solid and China bought another 122,000 […]