Brian Grete

Winter wheat markets and corn futures are mildly favoring the downside after two-sided trade overnight, while soybeans and spring wheat are mixed.
Boxed beef, pork cutout prices facing heavy pressure.
Fed appears willing to risk a recession as it tries to tame inflation.
Wheat futures led a round of followthrough buying overnight as tensions between Russia and the West escalated.
Corn futures mildly built on Monday’s gains overnight, while wheat recouped a small portion of yesterday’s losses and soybeans pulled back.
The corn CCI rating has declined 10 straight weeks, while the soybean rating dropped for a seventh consecutive week.
Heavy pressure on the wheat market pulled corn lower overnight, while soybeans posted two-sided trade.
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Corn, soybean and wheat futures extended price losses from earlier in the week duringovernight trade.
There was a major expansion of drought across the Northern Plains, while drought conditions intensified in the Central Plains.