Agriculture News
After facing followthrough selling earlier in the overnight session, corn, soybeans and wheat are modestly firmer and trading near session highs this morning.
Cash corn prices above year-ago, soybean prices still below last year at this time.
Corn, soybeans and wheat mildly favored the downside overnight, but selling was limited and markets are trading high-range early this morning.
Corn and soybean basis weakens as cash prices rise.
Corn and soybeans pulled back from strong gains the two previous days during overnight trade, while wheat pivoted around unchanged in choppy trade.
Corn inspections during the week ended Jan. 16 totaled 1.54 MMT, exceeding pre-report expectations while wheat and soybeans fell short.
Corn, soybeans and wheat futures worked higher in early trade with cattle futures mixed and lean hogs under pressure...
Short-term trend now bullish for most grain and soy markets.
Corn, soybeans and wheat traded higher overnight coming out of the extended holiday weekend.
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