News
Corn and soybean basis declined along with cash prices.
Technical selling hovered over the grain and soy complexes, though soyoil futures extended from Tuesday’s lows, marking gains for the first time in five sessions.
Missouri’s Cori Bush becomes second Squad member to lose primary race
Wheat continues to show relative while corn and soybeans saw followthrough selling overnight.
Followthrough buying in wheat, corn and beans extend losses overnight.
Soybean futures took back Monday’s gains, while corn ended the session modestly weaker amid mixed outside markets, though firming wheat prices lent support.
Iowa was the only state in the Farm Credit Services report to experience a decline in farmland values.
Annual USDA Report Pegs Average Value at $5,570 an Acre
U.S. international trade deficit narrowed to $73.1 billion in June 2024