Agriculture News

Short-term trend weakens for live cattle, feeders
Grains pressured overnight by generally favorable weather and strong risk aversion.
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Beans and corn firmer, wheat weaker overnight.
Updated monthly and quarterly price forecasts.
New-crop export sales for corn, soybeans and wheat each landed within analysts’ pre-report expectations, though soyoil sales posted net reductions for a second straight week.
Wheat firmer, corn and beans weaker overnight.
Corn and soybean basis remains well below average despite weak cash prices.
The November elections won’t play role in monetary policy moves or timing.
Soybeans firm overnight, buying limited in corn and wheat