CME GRAINS: Corn: $5.86 (+9.00); Soybeans: $12.6725 (+23.00); Wheat: $7.945 (-12.00); Cotton: $109.30 (+0.40)
National Corn Wire
SCHWIETERMAN GRAIN: Soybeans were the upside leader overnight and the March contract moved back above the 50-day moving average. Holding gains today would be a big step towards marking the end of this move lower (VIEW REPORT)
NBW Market Commmentary
GRAIN TRENDS (Short Term/Long Term): CORN: Down/Up; WHEAT: Down/Up; SOYBEANS: Down/Down (VIEW REPORT)
National Corn Wire
Short Range Weather: Heavy snow to impact portions of the Northern Plains and Upper Midwest beginning Saturday morning (View Report)
Weather
DROUGHT MONITOR: It's December, and drought in the United States is worsening. Parts of the Southwest across to the Southeast saw little to no precipitation in the last week, or in all of November, leading to drought degradations (VIEW REPORT)
Weather
For the first time ever recorded, online shoppers spent less on Black Friday and Cyber Monday than the year before. But it isn’t because Americans aren’t splurging: Holiday shopping is expected to hit a record $843B this season (Robinhood)
NBW Market Commmentary
DAILY EXPORT SALES: Private exporters reported sales of: 164,100 metric tons of soybeans for delivery to unknown destinations during the 2021/2022 marketing year; 130,000 metric tons of soybeans for delivery to China during the 2021/2022 marketing year (CHANNEL 804)
Exports
National Feedstuffs Market Review: Kansas City soybean meal down $13 from last week, down $41 from last year (VIEW REPORT)
Feedstuffs
The USDA reported canola meal (Portland -R) at $348.40, compared to $360.10 last week and $339.15 last year
Feedstuffs
UNITED STATES AG PRICES REPORT: Monthly prices up 28% from last year; Corn up 39%; Calves up 12% (VIEW REPORT)
Cash Prices
Cattle futures at a 3 month high; Boxed beef is softer; Inflation concerns limit consumer demand; Cash market firming as movement slows (AgriVisor)
NBW Market Commmentary
Gas prices down 2 cents this week to $3.38, up $1.26 from last year. Diesel prices unchanged this week at $3.72, up $1.22 from last year (VIEW REPORT)
Cash Prices
THIS WEEK IN PETROLEUM: The U.S. average regular gasoline retail price decreased less than 1 cent, remaining virtually unchanged at $3.40 per gallon on November 22, $1.29 higher than a year ago (VIEW REPORT)
Market Update
NATURAL GAS: Henry Hub up 21 cents to $4.79. The price of the December 2021 NYMEX contract decreased 6.4 cents, from $4.880/MMBtu last Wednesday to $4.816/MMBtu yesterday (VIEW REPORT)
Cash Prices
OILSEED OUTLOOK (WASDE): The U.S. soybean outlook for 2021/22 is for lower production and exports, and higher ending stocks (VIEW REPORT)
WASDE
OIL CROPS OUTLOOK (Domestic): Despite a strong start to the 2020/21 soybean meal marketing year, meal exports waned over the summer even though prices fell (VIEW REPORT)
National Canola Wire
OIL CROPS OUTLOOK (International): Throughout September, Argentina received some much-needed rainfall in the northeast region of the country (VIEW REPORT)
Ag Reports: Most Recent