Agriculture News
USDA bumped the corn yield by 0.5 bu. per acre from its August estimate, while the soybean estimate was unchanged 53.2 bu. per acre.
Soybeans are sharply higher with buyer interest limited in corn and wheat. Cattle futures are higher and lean hogs are choppy to lower…
Our short-term, intermediate- and long-term trends for commodity and key outside markets.
Soybeans posted corrective gains during overnight trade, while corn and wheat mildly favored the downside.
New crop corn sales exceeded pre-report expectations by more than 400,000 MT during the week ended Aug. 29, while soybean sales were also notable at 1.66 MMT.
Corn, soybeans and wheat are mildly weaker this morning after two-sided trade earlier in the overnight session.
Corn, soybeans and wheat pulled back from recent corrective gains during the overnight session.
Corn and soybean basis drops as cash prices strengthen.
Wheat futures firmed amid followthrough buying overnight, while soybeans pulled back and corn was caught in the middle.