News
Short-term corn trend turns bearish as most crop areas are plentifully wet.
Grains led weakness overnight while soybeans saw relative strength.
June is setting up as a critical month ahead of President Trump’s July 9 deadline for tariffs.
U.S. negotiators are meeting with China and India, while USDA’s June crop reports are scheduled for Thursday.
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While positive results were reported in trade talks this week, no formal trade deals were reached.
Corn, soybeans and wheat each traded on either side of unchanged overnight.
Soybeans and winter wheat markets are poised to post weekly gains, while corn is lower for the week.
Our updated price forecasts for summer and the fourth quarter.