Agriculture News
Corn and wheat extended their recent rallies overnight, while soybeans firmed amid a corrective rebound.
November’s 12-point rise in the Current Conditions Index to a reading of 113 was primarily responsible for this month’s sentiment improvement as the Index of Future Expectations only improved by 2 points.
Corn, soybeans and wheat traded on both sides of unchanged while holding in tight ranges during the overnight session.
Weekly corn inspections during week ended Nov. 30 totaled 1.16 MMT, exceeding the pre-report range by nearly 260,000 MT, while wheat and soybean inspections each fell short of respective pre-report ranges.
Corn and soybeans traded lower through the overnight session, while wheat firmed this morning after earlier losses
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Selling pressure built through the overnight session, with corn, soybeans and wheat trading near session lows earlier this morning.
Our updated monthly and quarterly price forecasts.
Weekly corn, soybean and wheat sales for week ended Nov. 23 each topped pre-report expectations and rose notably from the previous week.
Corn, soybeans and wheat again traded in relatively tight ranges during a quiet overnight session.
Basis remains well below average for corn and soybeans.
In November, approximately 5.78 million birds have been affected by bird flu, a substantial rise from the 1.37 million reported in October.
Corn, soybeans and wheat held in relatively tight ranges during a quietly traded overnight session.
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
The final CCI rating ahead of dormancy was equal to the five-year average for HRW and 14.8 points above average for SRW.
Weekly corn inspections missed the pre-report range and fell nearly 200,000 MT from the previous week, while wheat fell nearly 90,000 MT and soybeans nearly 190,000 MT.
Short-term trend turns bearish for lean hog futures.
Corn, soybeans and wheat firmed amid mild corrective buying during overnight trade.
A USMCA trade dispute settlement panel rejected a complaint filed by the United States against Canada pertaining to Ottawa’s alleged improper limitation of access to its dairy market.