Agriculture News

Cash corn prices inch up, soybeans continue to fall.
Precip forecast is varied
Cotton sales during the week ended July 11 totaled 27,200 RB, down 50% from the previous week and 74% from the four-week average, while old-crop corn sales were short of pre-report expectations.
Corn and beans lower, wheat mostly firmer overnight.
Corn basis firms.
Grains firmer on corrective buying overnight.
Mild corrective buying in grains overnight.
All three crops remain rated well above year-ago.
Wheat inspections during the week ended July 11 topped pre-report expectations and are outpacing year-ago by 26.3%. Corn inspections also proved noteworthy at 1.08 MMT.
Short-term trend turns bearish for soyoil.