News
Corn and soybean sales each missed their respective pre-report range for week ended April 13, though weekly wheat sales of 259,000 MT were 1 MT short of topping the pre-report range.
Inspections of vessels waiting to exit or enter the Ukrainian Black Sea were suspended for a second day in a row. . .
Ag attache cuts Argy crop estimates, Ukraine looks to resume grain transit through Poland and China’s pork output rises sharply...
China’s Q1 GDP beats expectations | Leaders in meat exports | USDA data users’ confab
Soybeans are expected to open higher on followthrough buying. Mixed trade is likely in corn and wheat.
Soybean futures led a round of followthrough buying during overnight trade.
Condition ratings continue to show two starkly different U.S. winter wheat crops.
USDA reported corn inspections of 1.215 MMT in week ended April 13, topping the pre-report range of 700,000 MT to 1.05 MMT
Soybean futures are higher with wheat and corn futures choppy to start the week. Cattle futures are firmer with lean hogs working higher as well...