Agriculture News
Strengthening crop prices, positive returns in the livestock sector and expectations for receipt of disaster payments from USDA all combined to strengthen current conditions.
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Attendees kept their focus on the industry even as the disruptions in Washington and across the country continue to come from the Trump administration.
Grains are expected to open with a modestly firmer tone this morning, though fund selling remains a risk to prices.
Corn, soybean and wheat futures modestly bounced from Thursday’s losses during the overnight session.
Market Watch table for Feb. 27, 2025
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Corn sales during the week ended Feb. 20 totaled 794,700 MT, down 45% from the previous week, while wheat sales were down 50% at 269,900 MT.
Soybeans reacted positively after USDA released initial projections for 2025-26
Soybean futures have firmed and are trading near session highs this morning, while wheat is lower and corn is pivoting around unchanged.
These initial projections released as part of the Ag Outlook Forum are based on the February WASDE Report.