Agriculture News
Corn, soybean and wheat futures were unable to sustain initial strength overnight and are trading near session lows this morning as the overall marketplace adopted a general risk-off stance.
Corn and soybean basis dropped over the past week but remains above futures.
U.S. central bank ditches its “transitory” mantra for a hawkish tone.
Selling in the wheat market overnight pulled corn lower, while soybeans were supported by strength in soymeal.
Annual ISU survey finds an average acre of Iowa farmland rocketed 29% in 2021.
Corn, soybean and wheat futures are mildly weaker this morning as a quietly traded overnight session winds down.
Soybean export inspections were lower than expected and down sharply from both week- and year-ago.
Corn, soybean and wheat futures are trading near session lows this morning, led lower by spring wheat contracts.
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Wheat futures faced followthrough selling at points overnight but are firmer and trading near session highs in a modest corrective rebound this morning. Corn mildly eased, while soybeans held in their choppy range.