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Listen to the SF Daily podcast for today, June 05, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
Grains saw moderate gains, while soybeans slightly declined. The market was supported by risk premiums and safe-haven buyers, including gold. Export sales are expected to be favorable, especially in grains, with soybeans cheaper than Brazil's. Ethanol production rose to 1.105 million barrels per day, with inventories at 24.44 million barrels. Live cattle prices hit record highs, and feeder cattle remained in demand. Flooding is expected in eastern Oklahoma, and thunderstorms with heavy rain are forecast for northern South Dakota.
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Listen to the SF Daily podcast for today, June 04, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
There is quite a bit of variability in crop conditions, with corn in Iowa rated 84% good to excellent and only 46% in Ohio. Soybean ratings are the second lowest in six years. Ethanol production data is expected to show steady numbers, with interest in exports. Researchers discovered a plant, resurrection millet, that can recover from severe drought. Cattle futures are volatile, with traders cautious. Boxed beef prices dropped, with choice down 56 cents and select down 159 cents. Flood warnings are in effect in Kansas and Missouri, with the Arkansas River forecast to rise to 13.2 feet. Scattered showers and thunderstorms are expected.
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Listen to the SF Daily podcast for today, June 03, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
Grain futures are oversold, with funds heavily short, suggesting a potential rally at month-end. USDA data showed soybean inspections rose to 268,343 metric tons, corn inspections to 1.58 million metric tons, and wheat inspections to 552,910 metric tons. Cattle futures are strong, with tight supplies and robust beef demand. Flood watches are issued for parts of Texas to Missouri, with heavy rainfall and thunderstorms expected.
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Listen to the SF Daily podcast for today, June 02, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
Corn planting in the Eastern Corn Belt is progressing, with prevent plant dates looming due to low new crop futures and replanting needs. Wheat prices are up due to adverse weather and geopolitical tensions in the Black Sea. Soybean prices are down due to increased production estimates from Brazil. The Argentine soybean harvest is underway, with prices fluctuating. USDA data showed a 3.6% month-over-month drop in soybean prices but a 12% year-over-year increase. Cattle futures were affected by a false rumor of the New World screw worm, and new trading limits were implemented. Strong thunderstorms with potential for hail and flash flooding were forecasted in parts of the Midwest
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Listen to the SF Daily podcast for today, May 30, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
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Listen to the SF Daily podcast for today, May 29, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
The influence of weather on crop production, particularly in the Eastern Corn Belt and Argentina, and the potential impact of President Trump's blocked tariffs on global trade.
A letter signed by 365 agricultural groups urging Congress to protect pesticide access. Additionally, it discussed the volatility in the cattle market, with traders trimming long positions, and forecasted thunderstorms in parts of the Midwest and Southern Plains.
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Listen to the SF Daily podcast for today, May 28, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
Crop progress report recap. There are more corn and soybeans yet to be planted due to wet weather in the Eastern Corn Belt. Ohio is behind pace with replanting in some areas expected.
The Commodity Futures Trading Commission is proposing to expand futures trading hours to a 24/7 schedule, but there is a fair amount of pushback on this idea.
Weekly soybean, corn export inspections decline. No major trade developments today.
Feeder Cattle futures were over $7 lower on the open yesterday as a rumor surfaced that screwworm had been detected in cattle in the U.S. That rumor was later rebuked and futures recovered all but $2.22 cents.
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Listen to the SF Daily podcast for today, May 27, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
Improved weather in the Western Corn Belt and additional rains in the Eastern Corn Belt were discussed, along with flooding in Argentina and China. The pause in U.S. tariffs against the EU and potential trade deals with China and Japan were highlighted. The U.S. cattle on feed declined 2% year-over-year to 11.4 million head, with placements down 3% in April. Frozen meat supplies dropped 6% year-over-year, and cheese stockpiles fell 2%. Isolated thunderstorms were forecast for parts of the Midwest.
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Listen to the SF Daily podcast for today, May 26, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
China is buying soybeans from Brazil for both this year and next, avoiding U.S. supplies. Soy oil followed crude oil higher, but all contracts faced pressure from EU trade issues. Livestock futures ended the week in the red, with economic data showing uncertain consumer spending and reluctant packers. Cattle and hogs faced pressure from demand uncertainties and elevated slaughter numbers. The markets are closed for Memorial Day
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Listen to the SF Daily podcast for today, May 23, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
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