Agriculture News
Corn and soybeans traded lower through the overnight session, while wheat firmed this morning after earlier losses
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
The final CCI rating ahead of dormancy was equal to the five-year average for HRW and 14.8 points above average for SRW.
Weekly corn inspections missed the pre-report range and fell nearly 200,000 MT from the previous week, while wheat fell nearly 90,000 MT and soybeans nearly 190,000 MT.
Short-term trend turns bearish for lean hog futures.
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
A USMCA trade dispute settlement panel rejected a complaint filed by the United States against Canada pertaining to Ottawa’s alleged improper limitation of access to its dairy market.
No overnight grain trade. Grain and livestock markets open at 8:30 a.m. CT for an abbreviated session until 12:05 p.m. CT.
Basis slips a little for corn and soybeans; both weaker than average.
Third quarter banker survey notes declining incomes, still low loan demand and rising farmland values.