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Soybeans reacted positively after USDA released initial projections for 2025-26
Soybean futures have firmed and are trading near session highs this morning, while wheat is lower and corn is pivoting around unchanged.
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These initial projections released as part of the Ag Outlook Forum are based on the February WASDE Report.
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Corn, soybeans and wheat each saw action on either side of unchanged overnight.
Corn, soybeans and wheat are near their session lows this morning following light, two-sided price action overnight.
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Soybean meal led strength in the grain and soy complex today. Cattle posted gains for the third straight session.
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The grain complex led weakness overnight, while soybeans traded on either side of unchanged.
Corn, soybeans and wheat extended Monday’s losses during the overnight session.
Cattle futures surged higher today while most of the ag complex fell under selling pressure.
Corn inspections slowed but remain seasonally strong.
Corn and wheat futures are under pressure with soybeans mildly higher. Livestock futures opened the week with a firmer tone...
Corn, soybeans and wheat each favored the downside in overnight trade though selling efforts stalled towards the end of the session.
Short-term trends in soyoil, soymeal headed in opposite directions.