Revisions to past data led to a bigger-than-expected fall pig crop, largely due to increases in the summer.
The holiday doldrums have begun to take hold of the ag complex as volume was abysmal overnight.
How much does China have to buy to reach the 12 MMT goal?
Corn, soybeans and wheat each favored the upside in overnight trade, a contrast to the weakness seen most of last week.
Corn, soybeans and wheat each saw a quiet night of overnight trade, straying little from unchanged.
Corn continues to lead strength while late session buying pushed wheat prices near session highs.
Corn saw modest strength overnight while soybeans and wheat traded higher early before falling near unchanged going into the break.
Wheat continues to lead weakness, breaking to fresh lows overnight.
Soybeans saw modest corrective strength overnight while corn and wheat continued to fall under pressure.
Soybeans led weakness overnight and revisited this week’s lows.

Lane Akre