Agriculture News
The quarterly survey conducted by the Federal Reserve Bank of Dallas finds strong gains in Texas ranch and cropland.
The corn CCI rating has declined 10 straight weeks, while the soybean rating dropped for a seventh consecutive week.
Weekly export inspections for week ended Sep. 15 were reported as expected; corn and beans continue to keep a notable pace ahead of last year.
Wheat futures are under sharp pressure to open the week, which is weighing on corn. Soybeans are mildly supported by export sales to China.
Heavy pressure on the wheat market pulled corn lower overnight, while soybeans posted two-sided trade.
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Corn, soybean and wheat futures extended price losses from earlier in the week duringovernight trade.
Monthly Rural Mainstreet Index in growth negative range.