Agriculture News
Soybean futures posted double-digit gains overnight, while corn and wheat traded modestly higher.
Corn, soybeans and wheat held in tight trading ranges during a quiet overnight session.
CCI ratings improved for both corn and soybeans in Illinois.
Corn inspections during the week ended Sept. 12 were down 318,180 MT from the previous week, while soybean inspections rose a modest 36,284 MT.
Wheat and corn futures are weaker with soybeans mildly higher. Cattle and hog futures are higher to start the week…
Wheat futures led overnight losses in the grain markets to open the week.
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Wheat futures firmed overnight amid global supply concerns and rising tensions in the Black Sea region, while corn and soybeans built on Thursday’s gains.
USDA unexpectedly raised its corn crop estimate, trimmed the soybean forecast.