Grain, soybean futures under pressure as U.S. stocks’ tumble into bear market fuels recession worries.
Soybeans are expected to trade higher, while corn and wheat are called lower this morning.
Soybeans drop sharply, corn and winter wheat also lower as plunging stock market rattles commodity sector.
Corn, wheat futures expected higher with extreme heading for key crop areas; soybeans lower.
Soybean futures post firm weekly gain as USDA tightens supply outlook; winter wheat firmer even as USDA hikes crop forecast.
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As expected, USDA made just minor modifications to its forecasts this month.
U.S. soybean stockpiles seen lower than expected at end of 2022-23.
Winter wheat futures lower, corn and soybeans mixed ahead of USDA Supply and Demand update.
Soybeans rally near 10-year high on fresh export business, tight supplies; nearby corn firms, wheat lower.

Pro Farmer Editors