News
Bird flu | CBO | Immigration program change | Intense heat wave | U.S./Mexico and GMO corn
Corn and soybeans saw corrective gains overnight while wheat futures continued to fall under pressure. Each saw an increase in buying interest into the break.
Corn and soybean futures were supported by light corrective buying overnight, while wheat futures posted mixed trade.
All three crops remain rated well above year-ago at this time.
Soybeans inspected for export during the week ended June 13 rose 100,000 MT from the previous week, while wheat inspections rose modestly. Meanwhile, corn inspections were notable, but fell 54,000 MT on the week.
Wheat and soybean futures are sharply lower to open the week, pulling corn prices mildly lower. Livestock futures are mostly higher...
Short-term trends turn bullish for cattle futures, bearish for wheat.
Biden administration prepared to release more oil from Strategic Petroleum Reserve (SPR)
Soybeans and wheat led overnight weakness, each marking fresh six-week lows. Corn saw selling pressure as well but held up better than the former two.
Soybeans and wheat posted sharp losses during the overnight session, while corn followed to the downside.
FY 2025 Approps | Farm bill | Election polls | IMF report | Another bird flu case in Iowa
Fed watch | Xi and Taiwan | FY 2025 House spending bills | Bird flu | Election polls
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Mr. Trump goes to Washington | Brazil, China, Saudi Arabia pose big challenges to U.S. ag sector
Corn, soybeans and wheat each favored the downside overnight, giving up a portion of Thursday’s gains.
Corn, soybeans and SRW wheat pulled back from yesterday’s gains during overnight trade, while HRW and HRS wheat extended their losses.