John Perkins

Dec. corn $5.36 and 3/4, down 4 centsNov. soybeans $13.09 and 3/4, down 6 and 1/2 centsOct. soybean meal $348.20, down 40 centsOct. soybean oil 68.89, down 74 pointsDec.

U.S. corn and soybean export inspections are a little slow to start the new marketing year. The USDA says most the corn inspections for the week during September 3rd were for old crop delivery, and the new crop pace is slightly behind last year as relatively U.S. high prices are having some impact on demand. […]

Soybeans were higher on short covering and technical buying. Soybeans are watching late development weather ahead of the USDA’s supply, demand, and production update out Friday. Early expectations are for at least some cut in the yield projection. The USDA says 58% of U.S. soybeans are in good to excellent condition, unchanged, and 26% of […]

The USDA’s reporting another mixed week of changes for crop condition ratings. Weather was mixed last week, ranging from hot and dry in parts of the region to excessively wet in other areas, continuing to reflect the wide range experienced during the U.S. growing season. As of Sunday, 56% of U.S. corn is in good […]

Dec. corn $5.33 and 1/2, down 3 and 1/4 centsNov. soybeans $13.16 and 1/4, up 6 and 1/2 centsOct. soybean meal $343.30, down $4.90Oct. soybean oil 70.22, up 133 pointsDec. Chicago wheat $7.47, up 13 centsOct. live cattle $217.02, up $4.07Oct. feeder cattle $325.45, up $5.30Oct. lean hogs $84.25, up $1.95Oct. Class III milk closed […]

The USDA says 248.953 million broiler-type eggs were set into incubation, falling 1.672 million on the week partially due to high heat in some areas impacting productivity, but still up 1% on the year thanks to a larger number of laying hens.

Dec. corn $5.27 and 3/4, down 5 and 3/4 centsNov. soybeans $13.09 and 1/2, down 6 and 3/4 centsOct. soybean meal $345.10, up $1.80Oct. soybean oil 70.08, down 14 pointsDec.

Soybeans were lower on profit taking and technical selling. Traders continue to watch weather and get ready for the USDA's supply, demand, and production numbers out Friday.

U.S. ethanol production trickled lower over the past week. The U.S. Energy Information Administration says production averaged 1.099 million barrels per day, down slightly on both the week and the year, at least partially due to high temperatures hampering efficiency, while still accounting for a big portion of domestic corn usage. Demand signals were mostly […]

Soybeans were higher on fund and technical buying, along with the big gains in crude oil. The USDA could lower yield and raise demand projections in Friday’s reports. The big questions are – how big of an adjustment is the USDA willing to make ahead of harvest and can China be fully counted on to […]