Agriculture News
Pro Farmer/Doane planting intentions survey results
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Wheat futures pulled back from yesterday’s gains overnight as back-and-forth price action continued. Corn followed wheat lower, while soybeans firmed.
Diesel prices surge amid jump in global energy prices tied to the war between Russia and Ukraine.
The extended weather outlook through June offer no hope of meaningful relief for drought-parched HRW areas, but it favorable for rapid progress for spring-planted crops.
Corn and soybeans firmed after failing to take out Wednesday’s lows overnight. Wheat futures gapped lower but rebounded to fill the gaps and are trading mostly firmer this morning.
Wheat basis rebounds from the plunge the previous week, corn and soybean beans weakens.
Wheat futures traded sharply lower overnight, which pulled the corn market lower. Soybeans, along with meal and soyoil traded higher.