News
USDA reported 23,000 MT of soybean reductions for week ended March 2, a new marketing year low, while corn sales proved solid, landing near the top-end of the expected pre-report range of 1.2 MMT.
Light price action is likely this morning as traders await USDA’s Supply & Demand Report.
Corn, soybeans and wheat faced light selling pressure during a relatively quiet overnight session.
Letter stresses production agriculture, Title I, and importance of funding farm safety net
Farmers’ perspectives regarding both current conditions on their farms and their expectations for the future both weakened slightly.
Crop stress continues in Argentina, China imports record soybean shipments in 2023 and NY Fed says pandemic supply chains have returned to pre-pandemic function...
Corn and soybeans are expected to open under light pressure, while wheat is anticipated to be mixed.
Fed Chair Powell testifies before Senate Banking panel, but data will speak louder
Corn, soybean and wheat futures traded narrowly on both sides of unchanged in a lightly traded overnight session.