Headlines


After buying huge amounts of the 2020 U.S. corn crop, China bought a total of 3.74 million tonnes (147 million bushels) of American corn last week, all of it for delivery after this year’s crop is mature, reported the USDA. “New crop” corn was 80... (full story)


Trade ministers from Canada, Mexico and the United States are scheduled to confer digitally on Monday and Tuesday in the first meeting of the USMCA’s Fair Trade Commission, with dairy expected to be the hot topic. U.S. dairy groups called on Sunday... (full story)


We know that when using the ONE44 Fibonacci rules and guidelines that once 38.2% is taken out the next target becomes 61.8% of the same move and we also know that holding 38.2% should send them to new highs. (full story)


Sponsored by Pivot Bio PROVEN Looking ahead, the 6- to 10-day outlook calls for the likelihood of near- or above-normal temperatures nationwide, except for cooler-than-normal conditions in the Northwest and much of Texas. Meanwhile, near- or... (full story)


NW_PY032 Des Moines, IA Mon. May 17, 2021 USDA Market News Weekly Canadian Eggs ... (full story)


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Click to view report lsddfss.pdf in PDF format (full story)


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Click to view report pydseindex.pdf in PDF format (full story)


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What does our Model tell us about Coffee and the strength of the underlying trend and possible trade suggestions. (full story)


AL_LS603 Las Cruces, NM Feeder Cattle May 17, 2021 Daily Import Total Sales May 14, 2021 Santa Teresa, NM. EST: 1800 Not enough head sold on the current market to establish trend... (full story)


Farmers’ weed management programs are in full swing as planting winds down and spraying picks up. Enlist field specialist Steve Snyder says selecting the correct nozzle has never been so important because of herbicide label restrictions and... (full story)


As cotton attempts stay in step with the grains, we must take the good with the bad. Last week it was the latter, as traders took to profit taking steered […] (full story)


AJ_PY029 Atlanta, GA Mon. May 17, 2021 USDA Market News Daily Weighted Average Trailer Load Egg Sales ... (full story)


NOPA Report Estimates The monthly National Oilseed Processors Association report is due out at 11am CT. The average trade estimate is for processors to have crushed 168.741 million bushels of soybeans in April, down... (full story)


New crop December futures had a miserable week. Texas got rain and that’s good, but the market took a toll on the grower because of it. December futures lost 567 […] (full story)


The Black Swan.  We talk from time to time of the market “backing and filling” as it follows a trend in search of a specific price point.  The cotton market […] (full story)


Cotton prices are 38 to 62 points higher this morning, attempting a comeback after getting pounded last week. On Friday, cotton futures added another triple digits to the downside on Friday, closing 209 to 255 points lower. For July that completed the week’s trade 7.23 cents below last Friday’s close. ... (full story)


Front month lean hog futures ended Friday with triple digit losses, which for June contracts pushed prices to $6 below the 5/6 high. May hog futures expired at $111.15 – which is $2.42 above where June went home. USDA’s National Average Afternoon Base Hog price for Friday was $112.25 after... (full story)


Corn futures 2 cents lower to 4 cents higher, rebounding from a Sunday evening sell off attempt. Corn went into the weekend riding losses on both Thursday and Friday. Preliminary OI suggests Friday’s selling was mainly long liquidation in the July contract, with net new sellers in the rest.  May... (full story)


The wheat futures market is 7 to 22 cents lower in early Monday activity, with MPLS spring wheat seeing the heaviest selling pressure. The 5 day precip forecast has turned wetter up north, with MT,ND and MN all in the inch plus category. CBT futures held on to 3 3/4... (full story)


The new week of soy trading sets off with futures 1 cent lower to 6 cents higher. As with corn, old crop July is the strongest. Front month soybean futures ended the last trade day of the week with 2 1/4 to 9 cent gains – led by new crop.... (full story)


Live cattle futures closed lower again on Friday, adding another 30 to 80 cents to the downside.  June had 6 consecutive days of gains for a $6.88 swing prior to Thursday and Friday’s drop. The bulk of last week’s cash trade was $120, though sales ranged from $118 to $120.25.... (full story)


REPORTING OFFICE: WASHINGTON MAY 17 2021 RAIL AND PIGGYBACK SHIPMENTS FOR: FRI MAY 14 2021 SAT MAY 15 2021 SUN MAY 16... (full story)


REPORTING OFFICE: WASHINGTON MAY 17 2021 RAIL AND PIGGYBACK SHIPMENTS FOR: FRI MAY 14 2021 SAT MAY 15 2021 ... (full story)


Planning your intraday trade using valuation and price (full story)


The Minnesota Soybean Research and Promotion Council is launching a program to highlight new uses for soybeans and support first responders. Minnesota Soybean CEO Tom Slunecka says Driving Soy features Goodyear tires made from soybean oil. ... (full story)


Futures Turn Mixed (full story)


Brownfield’s Mark Dorenkamp talks with Compeer Financial’s Jake Postin about how Compeer plays a role in supporting beef producers, as well as the beef industry, during May’s Beef Month and how they can be a resource for livestock... (full story)


On Friday the markets took off based on the news that the Colonial pipeline has been reopened. Will that continue today? (full story)


Click to view report AMS_2027.pdf in PDF format (full story)


Click to view report AMS_1907.pdf in PDF format (full story)


Click to view report AMS_2186.pdf in PDF format (full story)


Click to view report AMS_2082.pdf in PDF format (full story)


Click to view report AMS_1784.pdf in PDF format (full story)


Click to view report AMS_1783.pdf in PDF format (full story)


Click to view report AMS_1821.pdf in PDF format (full story)


Click to view report AMS_2063.pdf in PDF format (full story)


Click to view report AMS_2106.pdf in PDF format (full story)


Click to view report AMS_2193.pdf in PDF format (full story)


Click to view report AMS_1879.pdf in PDF format (full story)


Click to view report AMS_2194.pdf in PDF format (full story)


Click to view report AMS_2192.pdf in PDF format (full story)


Click to view report AMS_2167.pdf in PDF format (full story)


Corn (ZC) is trying to stabilize to start the week, after last week's longest red weekly candle in the past year. Significantly, ZC appears to have completed a blowoff top, where last week's weekly candle bearishly closed below the lowest point of the prior week. (full story)