Agriculture News
Corn sales during the week ended Jan. 30 totaled 1.48 MMT, rising 9% from the previous week and 32% from the four-week average.
Corn and wheat are under pressure with soybeans mostly firmer to start the week. Cattle and lean hog futures are lower...
Corn, soybeans and wheat faced pressure overnight as markets reacted to tariffs levied against the leading U.S. trading partners.
The Jan. 1 U.S. cattle inventory was the smallest since 1951.
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Corn and soybeans extended Thursday’s corrective declines overnight, while wheat pulled back from gains earlier in the week.
Cash cattle prices jump to an all-time high for a fourth straight week.
The contracts are slated to start Feb. 24, pending regulatory approval
Soybean sales during the week ended Jan. 23 were down 71% from the previous week, missing analysts’ pre-report range. Corn and wheat sales were as expected
Corn and soybean futures pulled back from Wednesday’s strong gains overnight, while wheat pivoted around unchanged.