Agriculture News
Weekly exports of upland cotton totaled 334,000 RB during the week ended Feb. 27, while net sales rose 45% to 241,500 RB. Meanwhile, corn and wheat sales were up on the week, while soybean sales slid.
Wheat futures mildly supported by sharp losses in the U.S. dollar.
Short-term trend is also now bearish for hog futures
Corn futures faced light followthorugh selling overnight, while wheat firmed.
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Attendees kept their focus on the industry even as the disruptions in Washington and across the country continue to come from the Trump administration.
Grains are expected to open with a modestly firmer tone this morning, though fund selling remains a risk to prices.
Corn, soybean and wheat futures modestly bounced from Thursday’s losses during the overnight session.
Market Watch table for Feb. 27, 2025
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Corn sales during the week ended Feb. 20 totaled 794,700 MT, down 45% from the previous week, while wheat sales were down 50% at 269,900 MT.