Agriculture News
Cash hog and pork product prices continue to climb seasonally.
Grain and soy futures are expected to open sharply higher amid uncertainties with the Black Sea grain supply and weather concerns.
Corn, soybeans and wheat sharply extended Tuesday’s gains during the overnight session amid concerns with U.S. weather and Black Sea grain supplies.
Grain and soy futures are expected to open solidly higher after price gains overnight.
Corn, soybean and winter wheat futures traded higher overnight.
All three crops are still rated lower than last year at this time.
USDA’s weekly export inspection data for week ended July 13 showed a mild increase in corn inspections from the previous week, while soybeans and wheat declined notably.
Grain and soy futures are being supported by concerns with U.S. weather and Black Sea grain supplies.
Grain and soy markets are expected to open higher on support from concerns with U.S. weather and Black Sea grain supplies.
Farmers National Company sites cooling in farmland market.
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Grain futures are expected to open firmer this morning as traders watch weather and uncertainty with the Black Sea grain deal.
Corn, soybean and wheat futures traded on both sides of unchanged during the overnight session but have firmed and are near their highs this morning.
The World Board cut the corn yield projection due to extreme dryness through June. The soybean yield was left unchanged.
Soy complex futures are expected to lead a corrective rebound.
USDA reported net corn sales of 468,400 MT for 2022-23 and 470,800 MT for 2023-24, notably exceeding pre-report estimates.
Soybeans led a corrective rebound in the grain and soy markets overnight.
Corn and soybean basis are now both below the three-year averages.
