Agriculture News
Corn and beans weaker, winter wheat rebounds overnight.
The HRW crop is rated above year-ago, while SRW is well below last year.
Wheat inspections during the week ended April 24, were up notably on the week, topping anlysts’ pre-report expectations. Net corn and soybean sales each declined on the week but were as expected.
Uncertainty on the trade front and generally favorable weather have grains on the defensive to open the week.
Grain and soy futures are under pressure to open the week. Cattle futures are firmer with lean hogs mixed...
Trend is now down for SRW wheat and soymeal.
Conflicting remarks from U.S., China officials on trade talks despite signs of de-escalation.
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Cash grains posted little price movement over the past week.
Corn, soybeans and wheat boosted by followthrough buying overnight.