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USDA Secretary nominee is committed to supporting farmers in case of tariff-related harm; Talks about Prop 12; Will ‘defend, honor, and elevate our entire ag community’
Farm-state lawmakers to focus on USDA Secretary nominee Rollins’ ethanol position
Corn and soybeans traded on either side of unchanged overnight though favored the upside into the break. Wheat favored the downside overnight.
Corn, soybeans and wheat mildly favored the downside overnight, but selling was limited and markets are trading high-range early this morning.
Corn and soybean basis weakens as cash prices rise.
After the Bell
Trump still considering 10% tariff on China amid fentanyl concerns
Corn, soybeans and wheat each faced profit-taking early in the overnight session before turning higher into the break, with wheat leading the way.
Corn and soybeans pulled back from strong gains the two previous days during overnight trade, while wheat pivoted around unchanged in choppy trade.
After the Bell
Corn inspections during the week ended Jan. 16 totaled 1.54 MMT, exceeding pre-report expectations while wheat and soybeans fell short.
Corn, soybeans and wheat futures worked higher in early trade with cattle futures mixed and lean hogs under pressure...
Soybeans led strength overnight with corn and wheat posting strong gains as well.
Short-term trend now bullish for most grain and soy markets.
Details of Trump’s bevy of executive orders | SPR hurdle | U.S./China trade relations
Corn, soybeans and wheat traded higher overnight coming out of the extended holiday weekend.
Delay may allow for some negotiation or preparation time
USDA acting secretary: Gary Washington | Trump pledges to refill strategic oil reserve
Trump agenda | Delay in China tariffs | Dollar tumbles | Biden issues family pardons | Vilsack criticizes EPA report on biofuels | Putin open to dialogue on Ukraine with Trump | Buller chief of staff at USDA
Vance, Chinese VP discuss trade and fentanyl ahead of Trump inauguration
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