News
Corn sales during the week ended Oct. 24 declined 35% from the previous week to 2.34 MMT, while wheat sales dropped 23%. Meanwhile, soybean sales rose modestly on the week to 2.27 MMT.
GOP lawmakers demand answers from USDA on Pure Prairie Poultry bankruptcy
Corn, soybeans and wheat rebounded amid modest corrective buying during the overnight session.
The HRW crop starts the growing season well below year-ago and the five-year average.
Despite falling 155,000 MT from the previous week, soybean inspections remained strong during the week ended Oct. 24, landing near the top-end of analysts’ pre-report expectations. Corn and wheat inspections also declined and were near low-end estimates.
Corn and soybeans are under pressure as wheat chops around unchanged. Cattle futures are mixed with lean hog futures higher to start the week…
Corn, soybeans and wheat each gapped lower on the overnight open, though corn and wheat saw limited followthrough selling pressure.
Food prices | RFK Jr. | Quarter Pounders return | New avian influenza cases in poultry and cattle
Corn and soybeans faced light followthrough selling after last Friday’s losses during the overnight session, while wheat has turned mixed early this morning.