Agriculture News
Corn, soybean and wheat futures traded on both sides of unchanged overnight but have weakened early this morning.
The elevated index value indicates increased economic risks, as businesses and consumers may delay decisions due to policy ambiguity.
Corn, soybeans and wheat mildly favored the downside overnight.
Cash corn and soybean prices post milder weekly gains.
La Nina-like conditions are weakening, with ENSO-neutral on the near-term horizon
Wheat and soybean sales during the week ended March 6 were each above analysts pre-report range. Corn sales rose on the week, while exports reached a marketing-year high.
Trade worries continue to limit buyer interest.
Basis for both markets remains below average.
Corn, soybeans and wheat declined overnight amid risk aversion.
USDA didn’t change corn, soybean or cotton ending stocks. Projected wheat carryover was increased.
Corn and soybean ending stocks were unchanged from February, while wheat ending stocks increased more than expected.