Agriculture News
Ratings for both crops remain well below year-ago.
Weekly corn inspections totaled 1.83 MMT during the week ended April 10, up 215,540 MT from the previous week, while wheat inspections rose 269,373 MT.
Broader market focus on ever-shifting tariff news keeps risk aversion elevated
Soybeans are mildly firmer with wheat futures under pressure and corn narrowly mixed. Livestock futures are higher to start the week...
Short-term trend turns more positive for most grain and soy futures.
Corn, soybeans and wheat faced pressure in most contracts during the overnight session.
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Corn, soybeans and wheat traded on both sides of unchanged overnight but are higher and near their session highs this morning, despite the escalating U.S./China tariffs war.
The plunge in the U.S. dollar to the lowest since April 2022 has far-reaching implications, including good and bad impacts for agriculture.
Markets showed a relatively muted response to the report data.