Agriculture News
Corn, soybean and wheat futures open the week working higher. Cattle futures are higher with lean hogs choppy to start the week...
Corn, soybeans and wheat favored the upside while holding within relatively tight trading ranges overnight.
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Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
Corn sales rose 63% from the previous week and 4% from the four-week average, while soybean sales were also notable at 2.3 MMT.
Soybeans and wheat are firmer this morning, while corn is trading near its overnight highs.
Soybean basis firmed but remained slighlty below average.
The jump in the Purdue University/CME Group Ag Economy Barometer was driven by the Future Expectations Index, which increased 37 points to 161, the highest reading since April 2021.