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Corn, soybean futures end higher after USDA Supply and Demand update brings few surprises, wheat ends at six-week low.
Drought-affected areas expanded and intensified on the Drought Monitor map in areas of the South including Louisiana, Arkansas and Texas as well as in the Southern Plains.
We expected a yawner from USDA this month and that’s exactly what it delivered, aside from wheat – and even that wasn’t a surprise.
The USDA increased U.S. and global wheat and corn carryout numbers above pre-report estimates. Meanwhile, U.S. and global cotton and soybean carryout numbers were under pre-report estimates.
Big jumps in weekly cash prices for corn and soybeans.
U.S. October ag exports tap record, executive order to make the U.S. government carbon neutral by 2050 and U.S. allies join diplomatic Olympic boycott...