News
Corn, soybeans and wheat each saw choppy trade to start the overnight session, though buying interest increased this morning and all three went into the break on session highs.
Soybeans rebounded from earlier weakness to trade higher early this morning, while corn and wheat are choppy.
Both crops remain rated well above year-ago
Weekly corn inspections during the week ended Sept. 19 totaled 1.1 MMT, up 534,000 MT from the previous week while wheat inspections of 711,000 MT rose 122,000 MT.
Corn, soybeans and wheat are off to a solid start. Livestock futures are mostly higher as well…
Short-term trend turns bullish for cattle futures.
Congress this week expected to clear stop-gap spending measure through Dec. 20
Corn, soybeans and wheat each trended higher throughout the overnight session and went into the break near session highs.
Corn, soybeans and wheat traded solidly higher overnight, led by double-digit gains in the soybean market.
Difference of opinion on timeline of new farm bill, other key topics
Renewed focus on new farm bill is more talk than actual progress
All three categories were near the average pre-report estimates.
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Is chatter about new farm bill talks just that?
Soybeans led the way lower overnight, pulling corn futures modestly lower. Wheat saw relative strength though went into the break off session highs.
Soybeans and wheat posted mild gains during the overnight session, while corn held near unchanged.