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After the Bell | July 20, 2023
Monthly survey finds rising optimism in 10-state ag economies.
Russia continues port assault, Canadian Union calls ‘stand-down’ on strike and traders await seasonal low in wholesale beef...
The 90-day forecast suggests most of the key corn and soybean areas should see generally favorable conditions for August through October.
Grain and soy futures are expected to open daytime trade with a firmer tone as traders focus on weather and geopolitics.
USDA reported net soymeal sales of 272,500 MT for week ended July 13, which exceeded top-end pre-report estimates. Meanwhile, net wheat sales fell short of trade expectations.