Agriculture News
Corn futures are weaker with soybeans higher and wheat futures choppy. Livestock futures open the week under pressure...
USDA’s June 30 reports, One Big Beautiful Bill, last-minute trade negotiations and more in what will be a holiday-shortened week.
Corn, soybeans and wheat traded on both sides of unchanged in a relatively light overnight session as traders await USDA’s reports later this morning.
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This is historically the most volatile trading day of the year.
All three markets are poised for sharp losses for the week.
Diesel prices climb back above $3.00.
Combination of slightly bigger-than-expected spring pig crop and revisions to market hog inventories from the previous two quarters pushed the June 1 hog herd up 0.3% from year-ago.
The driest areas of the Corn Belt are Nebraska and South Dakota.
Each notched weekly declines, though soybean sales were up notably from the four-week average, while corn sales dipped modestly.