Agriculture News
Corn, soybeans and wheat faced increased selling pressure during overnight price action and are trading near session lows this morning.
Corn, soybeans and wheat are mildly favoring the upside this morning after trading narrowly on either side of unchanged overnight.
During the week ended Jan. 18, weekly corn and soybean inspections dropped 233,127 MT and 117,068 MT, respectively, while wheat inspections rose 72,112 MT from the previous week’s totals.
Short-term trend turns bullish for cotton, remains bearish for corn, soybeans and wheat
Corn, soybeans and wheat traded on both sides of unchanged during the overnight session but are mostly weaker this morning.
All three categories virtually matched the average pre-report estimates.
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Senate Ag Chair Debbie Stabenow crafting crop insurance plan with tough choices for farmers.
USDA reported weekly export sales of 1.25 MMT during the weekend ended Jan. 11, exceeding the top end pre-report range by 50,000 MT, while wheat sales exceeded expectations by 200,000 MT.
Corn, soybeans and wheat modestly extended Thursday’s corrective gains during the overnight session.
Corn, soybeans and spring wheat contracts traded higher overnight amid light corrective buying, while the winter wheat markets favored the downside.