News
Stabenow on farm bill | A new El Niño | Cheatle faces widespread calls to resign | FY 2025 Ag spending bill delayed | House clears WRDA measure
Corn and soybeans saw followthrough buying overnight while wheat posted modest losses. Each saw an increase in buying pressure into the break.
Judge dismisses arguments from Mo.-based pork producer Triumph Foods, who will appeal ruling
The spring wheat CCI rating slipped a little.
Wheat inspections during the week ended July 18 slid 383,000 MT from the previous week, falling short of pre-report expectations.
Soybeans are sharply higher with milder gains in corn and wheat. Cattle futures are sharply higher to open the week and lean hogs are mildly favoring the upside...
Corn and soybeans led buying efforts overnight, though both stopped just shy of key technical resistance. Wheat rebounded early though went into the break near unchanged.
No changes to short, intermediate or long-term trends.
Unexpected interest rate cut from People’s Bank of China | Dairy-free butter from CO2
Grains solidly higher overnight to open the week.
Is Biden able to finish out remainder of his term? GOP leaders say no
Statement on X: Will focus on fulfilling his duties for remainder of term; will address nation later this week
Ag finance situation hearing | Netanyahu in DC | Question 3 | Chevron deference | WRDA | U.S./Mexico corn dispute | U.S./Brazil trade issues | OMB updates forecasts
Data was mostly neutral, though the placements figure may support deferred live cattle futures.
Corn soybeans and SRW wheat each notched weekly losses as technical pressure continues to curb buyer interest, though SRW futures notched a promising daily gain despite followthrough strength in the U.S. dollar.
Access this week’s newsletter here.
Top Dem pressure on Biden to exit accelerates | WOTUS | Houthis | World IT outage