Agriculture News
Fed fund futures continued to reflect the greatest odds for a Fed rate cut starting in June, with three or perhaps four reductions by year-end.
The extended forecast suggests spring planting should advance rather rapidly and favors early crop development.
The initial projections are based on the January WASDE Report. These are USDA’s current best guesstimates. A lot can (and will) change.
Corn, soybeans and wheat extended Wednesday’s losses during the overnight session.
Cash grain prices continue to fall; sharply below year-ago.
Basis remains weaker than average for corn, soybeans and wheat.
Grain and soy markets are expected to open under solid pressure this morning after weak trade overnight.
Wheat futures led broad losses in the grain and soy complex during the overnight session as markets weakened amid technical selling and a lack of supportive news.
Valuable insights into demographics, economics, land use and activities on U.S. farms and ranches.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
