News
Access this week’s newsletter here.
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.
Cattle futures led strength across the agricultural complex today
Fed’s Beige Book flags ag strains.
Soybeans led the charge during the week ended May 29, rising 33% from the previous week while corn rose 3%. Meanwhile, new crop wheat sales continued to prove solid.
Grains saw relative strength overnight though saw a modest increase of selling pressure going into the break.
Half of Fed districts report farm-sector weakness amid broader economic easing.