News
This too shall pass: Ag industry stakeholders in anxious mood over low prices, inaction on farm bill
While corn sales proved lackluster, net soybeans sales were notable at 1.47 MMT, though both corn and soybean sales are notably trailing the same period a year-ago.
Wheat continues to show relative strength, helping pull both corn and beans higher in the overnight session. Modest selling pulled corn and beans off overnight highs into the break.
Wheat futures led followthrough buying in the grain and soy markets during the overnight session.
Corn and soybean basis weakens as harvest starts.
Syngenta to reduce 150 positions; Deere agrees to pay $9.93 million to settle SEC charges
Corn and soybeans recouped a portion of Tuesday’s losses overnight, while wheat saw continued strength.
Corn and soybean futures rebounded from Tuesday’s losses, while wheat showed followthrough price strength during the overnight session.
NPPC pushes new farm bill, legislative solution to Prop 12 | Vilsack confident Clean Fuels Tax Credit finalized by end of Biden administration
Wheat saw modest strength while corn and soybeans favored the downside in low volume overnight trade.
Soybean futures erased Monday’s strong gains during the overnight session, while corn mildly followed to the downside and wheat was choppy.
The increases halted a five-week slide for corn and a four-week decline for soybeans.
Corn, soybean wheat inspections each faded from the previous week, but were within the range of analysts’ pre-report expectations.
Soybeans are sharply higher with buyer interest limited in corn and wheat. Cattle futures are higher and lean hogs are choppy to lower…
Ag groups, lawmakers urge action on farm bill and SAF guidance
Soybeans led strength overnight while corn and wheat saw modest selling pressure.
Our short-term, intermediate- and long-term trends for commodity and key outside markets.