Agriculture News
USDA estimated 40% of the U.S. winter wheat crop was experiencing D1-D4 drought conditions, down 3 points from last week and one point less than last year at this time.
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.