Agriculture News
Weekly corn and wheat sales rose 46% and 34%, respectively, on the week, while soybean sales dipped 31% to a marketing-year low.
Corn, soybeans and wheat mildly pulled back from Thursday’s gains during a lightly traded overnight session.
Cash cattle and hog prices firmed over the past week.
No overnight grain trade due to Christmas. Grain and livestock markets open at 8:30 a.m. CT.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
U.S. hog herd expanded 384,000 head (0.1%) from year-ago as of Dec. 1.
Corn and wheat futures are higher with soybeans choppy. Livestock futures are also choppy to lower to start the week...
Wheat futures led gains in the grain markets during the overnight session.
All of the categories were close to the average pre-report estimates.
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Corn and soybeans extended Thursday’s corrective gains during the overnight session, while wheat bounced from recent losses.
Sharp Drop Erases November’s Short Trip into Positive Ground
For the week ended Dec. 12, corn sales rose 24% to 1.17 MMT from a week ago, while wheat and soybean sales jumped 58% and 21%, respectively.
SRW wheat futures fell to contract lows overnight, while HRW and HRS contracts held above their recent lows. Corn followed wheat to the downside, while soybeans posted mild corrective gains.
Sharp weekly decline in the average cash soybean price.
Congress has not yet passed the stopgap funding measure and there appears to be opposition from Trump’s allies
Soybeans plunged to contract lows overnight amid heavy pressure from soyoil, while corn and wheat traded mildly higher.
