Agriculture News
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.
Beef and pork inventories remain below year-ago and the five-year averages.
USDA has a five-point plan to address the situation.
Corn, soybeans and wheat are near their session lows this morning following light, two-sided price action overnight.
Egg prices are expected to surge 41.1% due to impacts from the outbreak of highly pathogenic avian influenza
Corn, soybeans and wheat extended Monday’s losses during the overnight session.
Corn inspections slowed but remain seasonally strong.