News
Corn, soybean and wheat futures were unable to sustain initial strength overnight and are trading near session lows this morning as the overall marketplace adopted a general risk-off stance.
Soybeans and wheat found mild followthrough buying overnight, while buying was restricted in corn and spring wheat.
Soybeans posted highest close since late September after export sales top expectations, corn firmer, wheat rebounds sharply.
The National Weather Service’s (NWS) 90-day forecast offers little hope for improvement in conditions of the HRW crop through winter.
53% of the winter wheat crop remains in drought
Wheat futures expected to extend declines to eight-week lows, corn and soybeans firmer.
AgRural trims crop estimate, E.U. Supermarket chains will not sell Brazilian beef and the cash hog market continues to signal a seasonal low...
Weekly corn and wheat export sales hit marketing year high
Biden admin. to unveil plans to ease shortage of truck drivers
Soy complex futures strengthened overnight after initially trading lower, which supported corn. Wheat futures tried to rebound from Wednesday’s sharp losses, but buyer interest proved limited.
