Agriculture News
Weekly corn inspections during the week ended Aug. 1 totaled 1.2 MMT, up 143,000 MT from the previous week and topping analysts’ pre-report expectations.
The November elections won’t play role in monetary policy moves or timing.
Soybeans firm overnight, buying limited in corn and wheat
All three crops remain rated much better than last year at this time.
Wheat inspections led the weekly increase, rising 168,623 MT, while soybean inspections exceeded pre-report estimates. Corn inspections were just short of topping analysts’ pre-report range.
Soybeans are facing heavy followthrough selling to open the week.
Active followthrough selling in soybeans overnight.
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