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Corn, soybeans and wheat firmed amid corrective buying during overnight trade.
After the Bell | May 4, 2023
Our monthly and quarterly price forecasts, including the first projections for the fourth quarter.
Weekly corn sales notched net reductions in week ended April 27, while shipments rose to a marketing year high of 1.699 MMT. Soyoil, cotton and pork shipments also reached marketing-year highs during the week.
Grain and soy futures are expected to open weaker after failing to sustain Wednesday’s corrective gains overnight.
China’s PMI falls, USDA creates 12 regional food centers and cash cattle trade begins to falter...