Agriculture News
Weekly corn export inspections outpaced pre-report expectations by 135,000 MT, while wheat inspections missed by over 100,000 MT.
Fed Chair Jerome Powell left the door open for more rate hikes if needed, but noted ‘risk are now more two-side.’
Corn, soybeans and wheat held in relatively tight trading ranges during two-sided trade overnight.
Corn, soybeans and wheat held in tight trading ranges in light trade overnight.
Initial CCI ratings show wide variance between HRW and SRW.
During week ended Oct. 26, corn inspections rose 82,225 MT, while soybean inspections fell 735,466 MT from the previous week.
Soybeans have firmed this morning, while corn and wheat adopted a weaker tone following two-sided trade overnight.
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Soybeans recouped most of their losses the two previous days during overnight trade, while corn also traded to the upside and wheat had a varied tone.
Corn, soybeans and wheat are expected to open mildly firmer this morning.