Agriculture News
USDA trimmed both corn and soy acres from its March estimate, while stocks were slightly higher than expected for corn, soybeans and wheat.
Wheat inspections during the week ended June 26 rose 179,657 MT from the previous week, while corn and soybean inspections each declined.
Corn futures are weaker with soybeans higher and wheat futures choppy. Livestock futures open the week under pressure...
USDA’s June 30 reports, One Big Beautiful Bill, last-minute trade negotiations and more in what will be a holiday-shortened week.
Corn, soybeans and wheat traded on both sides of unchanged in a relatively light overnight session as traders await USDA’s reports later this morning.
Access this week’s newsletter here.
This is historically the most volatile trading day of the year.
All three markets are poised for sharp losses for the week.
Diesel prices climb back above $3.00.
Combination of slightly bigger-than-expected spring pig crop and revisions to market hog inventories from the previous two quarters pushed the June 1 hog herd up 0.3% from year-ago.