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Individual state crop conditions ratings released on Monday showed major deterioration of the HRW wheat crop during December.
Soybean futures built on Monday’s gains overnight, while corn and wheat mildly rebounded from yesterday’s losses.
Biden, Attorney General Garland and USDA Secretary Vilsack hold virtual meeting
Soybeans rally to start year as South America dryness cuts production outlook, wheat extends slump, corn lower.
Corn, wheat and soybean exports down from previous week
Corn and soybean futures are higher with wheat futures opening the new year mixed. Cattle futures are mildly weaker with lean hogs slightly higher.