News
APHIS to hold briefing update later this afternoon
Weekly soybean inspections during the week ended Nov. 21 fell 164,413 MT from the previous week but were still notable at 2.1 MMT. Meanwhile, corn and wheat inspections each rose on the week.
Some ag groups fret over choice, but sources give her high marks
Soybeans are higher with corn and wheat futures under pressure to start the week. Cattle futures are sharply higher and lean hog futures are mildly weaker...
Trump wants to move fast on energy reforms and 100-day tax cuts, other action via budget reconciliation
Technical selling pressure was featured in the wheat market overnight, pulling corn lower as well. Soybeans saw relative strength, though went into the break well off session highs.
Corn and wheat faced followthrough selling overnight, while the soybean market extended last Friday’s corrective gains.
APHIS heightens import restrictions on animal products from Mexico
Brooke Rollins | FDA front-of-package nutrition labeling proposal | Canada repositions on trade
President-elect made official announcement Saturday
Background info on key nominees and how they may impact the ag and food sectors
Backgrounder on Brooke Rollins
Kelly Loeffler apparently exits as WSJ says former policy adviser Rollins is the choice
All three categories came in on the negative side of the average pre-report estimates.
Kelly Loeffler apparently out to lead USDA
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Soybeans led strength overnight with corn and wheat following modestly to the upside.
Deere earnings/U.S. farm income linkage | Gaetz out, Bondi in | Casey concedes | Remaining House races | Mexico disrupting U.S. dry edible beans