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Market Watch | October 21, 2021

Energy prices continue to climb.

Pro Farmer's Daily Advice Monitor

Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.

drought
Mild drought degradation in West Texas, improvements in other areas

The U.S. Drought Monitor as of Oct. 19 showed some drought improvement in areas of the Southern Plains, but there were areas in West Texas that saw a one-category degradation in drought conditions during the week.

Unfavorable extended forecast for HRW areas

Above-normal temps are expected across the entire Southern and Central Plains for November through January, with below-normal precip over much of Oklahoma and all of Texas.

Mexico to Continue GMO Imports | FTT Audio October 21, 2021

Secretary Vilsack shores-up GMO export approval with Mexico, California Governor looks to loosen supply chain snare and China signs agreement to import U.S. LNG...

Ahead of the Open | October 21, 2021

Ahead of the Open | October 21, 2021 Grain, soybean futures expected lower in pullback from two-week highs.

BBB May Not Raise Corporate Tax Rate or Capital Gains Tax Rate

Vilsack: seed sector next on the competition front

Soybean export sales top lofty expectations

China was the lead buyer of U.S. soybeans on the week at nearly 1.9 MMT.