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FOMC | Crop insurance bill | Trump tariffs | U.S. military strikes Houthis in Yemen | Egg smuggling | RFK Jr. shakes up food industry
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China trade uncertainty worries U.S. meat industry | Updates on ag economic and disaster aid
The elevated index value indicates increased economic risks, as businesses and consumers may delay decisions due to policy ambiguity.
Corn, soybeans and wheat each traded on either side of unchanged overnight.
Corn, soybeans and wheat mildly favored the downside overnight.
Cash corn and soybean prices post milder weekly gains.
La Nina-like conditions are weakening, with ENSO-neutral on the near-term horizon
Axios: White House to pull CDC director nomination | WOTUS rule rewrite | Federal layoff plans due today
Corn, soybeans and wheat each rebounded from Wednesday’s losses overnight.
Wheat and soybean sales during the week ended March 6 were each above analysts pre-report range. Corn sales rose on the week, while exports reached a marketing-year high.
Trade worries continue to limit buyer interest.
Basis for both markets remains below average.
Corn, soybeans and wheat each favored the downside in the overnight session, though buying interest in wheat picked up into the break.
Senate to vote on CR after House approves | Push to reinstate biodiesel blender credit | Inflation rate hits 2.8% in February, less than expected
Corn, soybeans and wheat declined overnight amid risk aversion.