Small Grains Summary News Today

The USDA’s National Agricultural Statistics Service is conducting two major mid-year surveys, the June Agricultural Survey and the June Area Survey.

USDA’s October Crop Production report was friendly corn and soybeans and negative wheat. But wheat was able to brush off the bearish report and end with gains.

(KMAland) -- The USDA released its October World Agricultural Supply and Demand Estimate Report that predicted lower corn and soybean production in the U.S.

It appears that prices have declined enough that it has increased interest from other countries to return to buying U.S. grains, according to Randy Martinson of Martinson Ag Risk Management.

By Kirk Maltais --Wheat for December delivery rose 4.6% to $5.67 a bushel, on the Chicago Board of Trade on Monday, with traders opting for short-covering after the steep selling seen...

Although weather is not as important to market direction this late in the game, the recent rain systems are deemed friendly as thry will keep producers from advancing harvest activity.

By Kirk Maltais Stockpiles of U.S. soybeans and wheat through the third quarter of 2023 were above the expectations of analysts surveyed by The Wall Street...

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By Kirk Maltais --Wheat for December delivery fell 6.6% to $5.40 3/4 a bushel, on the Chicago Board of Trade on Friday, with heavy selling taking place after the USDA reported both higher...

China import report show surprises, the drought continues to extend its reach and a looming government shutdown have a hand on the markets.