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USDA’s weekly export inspection data for week ended July 13 showed a mild increase in corn inspections from the previous week, while soybeans and wheat declined notably.
Grain and soy futures are being supported by concerns with U.S. weather and Black Sea grain supplies.
EPA still has not sent its ‘final WOTUS rule’ to OMB
Grain and soy markets are expected to open higher on support from concerns with U.S. weather and Black Sea grain supplies.
Corn, soybean and wheat futures traded solidly higher overnight on support from Russia halting the Black Sea grain deal and weather concerns.