Agriculture News
Most of the modest improvement was in SRW CCI ratings.
Following are USDA’s initial assumptions for 2023-24.
Weekly export inspections for week ended Nov. 3 revealed soybean inspections notably above the top-end estimate of 2.5 MMT, while corn and wheat each fell short of low-end expectations for the week.
USDA is expected to make minor adjustments to its U.S. crop estimates and balance sheets, though bigger changes are possible for global wheat production.
Corn, soybeans and wheat traded mildly lower overnight amid a pullback from last Friday’s gains.
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Corn, soybean and wheat futures firmed overnight amid corrective buying as outside markets provided support.
Our updated monthly and quarterly price forecasts, including the first look at Q2 2023.
“Extreme” or “exceptional” drought now covers 59% of Kansas, including virtually all of the southern half of the state and many of the western counties.