Agriculture News
Corn, soybean and winter wheat futures are expected to open solidly lower after selling pressure overnight.
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Corn, soybean and wheat futures are expected to open higher amid corrective buying.
Corn, soybeans and wheat firmed amid corrective buying during overnight trade.
Our monthly and quarterly price forecasts, including the first projections for the fourth quarter.
Weekly corn sales notched net reductions in week ended April 27, while shipments rose to a marketing year high of 1.699 MMT. Soyoil, cotton and pork shipments also reached marketing-year highs during the week.
Grain and soy futures are expected to open weaker after failing to sustain Wednesday’s corrective gains overnight.
Corn, soybean and wheat futures were unable to build on Wednesday’s strong gains and faced pressure overnight.
Wheat basis firmed along with a rise in cash prices.
JPMorgan Chase & Co could process another 40 Russian grain export payments, two sources told Reuters.
A shift in farmers’ expectations regarding the Fed’s future interest rate policy was a key factor in the improved sentiment.