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Soybean inspections near the top of trade expectations

Soybean inspections continue to run stronger than normal for this time of year.

Chart Trends | May 16, 2022

Short-term trend turns bullish for SRW wheat.

First Thing Today | May 16, 2022

Wheat gapped higher, with HRW and HRS futures moving to new contract highs after India’s ban on wheat exports. Corn and soybeans also posted strong gains.

Fed Banks Report Sharp Gains in Farmland Values

Quarterly surveys from Federal Reserve Banks confirm strong gains in farmland values.

First Thing Today | May 13, 2022

Spring wheat futures built on Thursday’s limit-up performance overnight, while corn and soybeans also traded higher. Winter wheat futures eased a bit from yesterday’s strong gains.

Market Watch | May 12, 2022

Wheat prices post strong weekly gains.

drought
Drought footprint for winter wheat gets a little smaller

Based on U.S. Drought Monitor data as of May 10, 68% of the U.S. winter wheat crop area was experiencing drought, down one percentage point from the previous week.