Todd Hultman

If it looks like a duck and quacks like a duck, it's probably market manipulation.

Supply and demand theory only explains part of what happens when supplies get as tight as soybeans are expected to get. Human emotions often add more fuel to the mix.

Like most WASDE reports, USDA's latest one gave us a lot of new numbers to consider -- some are reliable and some are not. It's important to know which are which.

Livestock futures have quickly broken away from the aggressive early week gains with prices mixed in a very narrow range. The lack of activity may keep prices in the current trading range with a combination of follow-through...

A look at what to expect when USDA releases its next round of supply and demand estimates, due out Tuesday, Nov. 10.

USDA estimates 290 million bushels of U.S. ending soybean stocks for 2020-21, the lowest in five years. Estimate aside, there is a risk that the U.S. could run out of soybeans.

Higher winter wheat prices look likely for early 2021.

This was one of those weeks when price moves don't always make sense in grains.

OMAHA (DTN) --After the Sunday evening open, December corn is down 3 cents, January soybeans are down 5 cents and December KC wheat is down 3 cents. The weekend saw more favorable harvest weather across the central U.S.

December cattle were steady to lower early and December hogs higher early Friday, waiting for more cash cattle trade to develop. Outside markets are leaning bearish for commodity prices early Friday, influenced by a new high in...

December hogs were starting lower Thursday after USDA reported 29,000 mt of export sales for last week, only 2,500 mt of which was for China. Cattle and feeders are cautiously steady after a favorable GDP report and also...

Active contracts of cattle, and lean hogs traded lower to start on Wednesday, pressured by outside macro markets, while January feeder cattle moved higher on falling corn prices.

Active contracts of cattle, feeders and lean hogs all traded higher Tuesday from the start, finding support after last week's selling and, in the case of cattle, getting some help from colder conditions in the western U.S. Plains...

Active contracts of cattle and feeders are steady to lower and hogs are trading lower to start the week. Friday's on-feed report was bearish for cattle prices, but the early arrival of winter weather may offer some support...

Cash corn is trading near its highest prices in four years -- why?

As U.S. soybean prices trade near their highest level in four years, the choice as to when to sell becomes more complicated.

Cotton trading up as Hurricane Delta gets closer to making landfall.

After finding less corn and soybean stocks on Sept. 1 than expected, USDA will present new balance sheets for 2020-21 on Friday.

Wednesday's controversial revision in corn stocks is a good time to mention my proposal for how NASS could help minimize market distortion.

At 11 a.m. CDT on Wednesday, Sept. 30, USDA will release its reports of Sept. 1 Grain Stocks and Small Grains Summary. The reports will provide a check on old-crop ending corn and soybean stocks and give an update of wheat...

USDA is estimating record high world ending wheat stocks in 2020-21. So why are cash HRW wheat prices challenging one-year highs?

I can't predict where soybean prices will peak, but the 2018 high of $10.60 1/2 offers an interesting comparison.

What to expect from the USDA's latest Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports, which will be released at 11 a.m. CDT on Friday, Sept. 11.

Active contracts of cattle, feeders and hogs are all starting modestly higher early Friday, finding possible support in cattle prices and benefiting from increased pork exports in the cash of hog prices. Outside markets are...

In spite of numerous bearish hurdles, the path of least resistance for cash soybean prices has been gradually higher for nearly two years.