Agriculture News
HRW improvement was driven by gains in Kansas, Oklahoma and Texas.
Weekly wheat inspections during the week ended Nov. 14 declined 157,000 MT from the previous week and missed analysts’ pre-report range by more than 100,000 MT. Corn and soybean inspections were within expectations.
Corn and soybean futures are under pressure as wheat futures firm. Catt;e futures are mixed with lean hogs higher...
Wheat futures firmed, soybeans weakened and corn chopped around unchanged during the overnight session.
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Weekly corn sales during the week ended Nov. 7 totaled 1.32 MMT, down 53% from the previous week, while soybeans declined 24% to 1.56 MMT.
Corn, soybeans and wheat firmed amid light corrective buying during the overnight session.
Only Wisconsin saw an annual increase
Cash wheat prices drop to remain well below year-ago
USDA estimated 43% of the U.S. winter wheat crop was experiencing drought conditions, down 14 points from last week and one point less than last year at this time.
Corn, soybeans and wheat traded on both sides of unchanged in light trade overnight.
Corn, soybean and SRW basis are all slightly better than average.
Wheat futures faced followthrough selling during the overnight session, while corn and soybeans pivoted around unchanged in light, two-sided trade.
HRW crop is now rated above year-ago, while SRW is still below last year at this time.
Weekly corn, soybean and wheat inspections continue to outpace year-ago.
Corn posted mild gains overnight, soybeans faced price pressure for most of the session and wheat pivoted around unchanged.
Wheat futures are pulling corn lower as soybeans firm. Cattle futures are choppy as hog futures firm...
Soybean futures built on last week’s gains during overnight trade while wheat weakened and corn mildly favored the downside.