Agriculture News
With no updates to the corn and soybean crop estimates this month, focus will be on changes to demand projections for 2021-22.
Corn, soybean and wheat futures traded both sides of unchanged in narrow overnight ranges.
Soybean inspections slipped modestly from the previous week.
Corn soybean and wheat futures opened firmer overnight but have faded and continue to soften to start the week. Live and feeder cattle futures are mildly lower as lean hog futures fall sharply.
Corn, soybean and wheat futures opened firmer overnight, but are weaker and near their session lows this morning.
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Soybean futures extended their corrective gains from the two previous days overnight, which helped support corn. Wheat futures held in a tight range in narrowly mixed trade.
As of Nov. 30, 52% of U.S. winter wheat area was covered by drought conditions, up from 49% the previous week.