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Cedar Falls, IA
Joined January 2020
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In this morning's First Thing Today:
-Soybeans bounce off technical support as Brazilian real stabilizes.
-Some early Brazil weather worries surface.
-Dollar strengthening ahead of Fed meeting.
profarmer.com/news/first-thi…
USDA delivered its final crop condition ratings of the year for corn as harvest crosses the halfway point.
profarmer.com/news/corn-crop…
FX market participants bet big on a Bolsonaro victory, Lula’s surprise comeback sank the Brazilian real and dragged soybeans down with it.
profarmer.com/news/why-brazi…
Elevators face rising interest, storage and freight costs as harvest accelerates. A CoBank report explains why that could widen cash basis and hit local bids.
profarmer.com/news/how-fuel-…
USDA provided further detail on its September forecast error over the weekend, saying incorrect acreage weights for irrigated and nonirrigated fields affected September corn yield estimates for Kansas and Nebraska.
profarmer.com/news/usda-reve…
Pro Farmer Podcast: Breaking down USDA's September forecasting error; why Brazil's election result is sparking a soy complex selloff and a closer look at Friday's Cattle on Feed report -- with Spencer Langford, @hmason and @wlwatts
profarmer.com/news/pro-farme…
In this morning's First Thing Today:
-Soybeans sink as Brazilian real plunges after Lula's surprise presidential runoff victory.
-USDA acknowledges September corn forecast error.
-India expected to extend duty-free cotton imports.
profarmer.com/news/first-thi…
Pro Farmer retweeted
Here’s how the outcome of Brazil’s presidential runoff on Sunday could affect US farmers… profarmer.com/news/other-ele…
USDA's NASS corrects September 2026 corn data but leaves October 2026 yield and production forecasts unchanged.
profarmer.com/news/agricultu…
Heifers make up 37.8% of total cattle on feed, up 0.4% from last quarter but down 0.3% from the prior year. Not a clear signal of large-scale herd rebuilding.
profarmer.com/news/agricultu…
Placements in Cattle on Feed report shock to the downside, inventory comes in below year-ago level for first time since April.
profarmer.com/news/agricultu…
USDA says private exporters reported sales of 116,000 metric tons of corn for delivery to unknown destinations during the 2026/2027 marketing year.
High input costs and soft commodity prices continue to drain working capital. Here is how strategic marketing, debt management, and tax planning can keep your operation liquid for 2027.
profarmer.com/news/agricultu…
Beyond inventory numbers, placements and heifer retention data in Friday's Cattle on Feed report will set the tone for feeder futures.
profarmer.com/news/agricultu…
USDA is overhauling regional cash fed cattle reporting as a persistent data blackout spreads across major feeding states...
profarmer.com/news/usda-pool…
Tight nitrogen supplies, rising demand and global disruptions to sulfur supplies are keeping pressure on fertilizer markets, even if tensions in the Strait of Hormuz ease, says @JLinvilleFert
profarmer.com/news/agricultu…
USDA says private exporters reported sales of 134,000 metric tons of soybeans for delivery to China during the 2026/2027 marketing year;
--165,000 metric tons of soybeans for delivery to Spain during the 2026/2027 marketing year.
Pro Farmer crop consultant Michael Cordonnier raises Brazil 2026-27 soybean estimate, reflecting an “OK start” to planting and slightly larger soybean acreage than anticipated.
profarmer.com/news/first-thi…
USDA to provide one-time payments to help offset soaring costs for diesel and other inputs, President Trump announced in a campaign rally ahead of next month’s midterm elections.
profarmer.com/news/policy-up…
