News
Corn and soy faced follow-through selling pressure overnight, while the winter wheat market was mixed, with SRW seeing buying interest tick up into the break.
Tax specialist Paul Neiffer: SAF ‘essentially worthless for most corn and soybean farmers’
Farmers can’t claim any carbon credits on crops sold to SAF producers | More modifications possible
Corn and soybeans faced mild followthrough selling during the overnight session. Wheat traded mostly lower overnight, though SRW wheat futures have firmed this morning.
Egyptian vessels delayed leaving Russia, Cordonnier lowers Argy soybean forecast and cash hogs post 3-day slide...
Wheat led weakness overnight though firmed into the break, soybeans eased from Monday’s gains and corn faced follow-through selling pressure.
Winter wheat markets and corn futures faced followthrough selling overnight, while soybeans mildly eased from Monday’s gains.
The HRW CCI rating is now 6.0 points under the final mark from last fall. The SRW CCI rating is 15.4 points above the final level ahead of dormancy.
USDA’s Animal and Plant Health Inspection Service (APHIS) updated requirements for dairy cattle as follows:
Weekly corn inspections during the week ended April 25 were down 435,000 MT from the previous week, which was revised 38,000 MT higher. Corn, wheat and soybean inspections were all within pre-report estimates.
Soy complex futures are higher with wheat mixed and corn under early pressure. Cattle futures are chopping higher as lean hog futures soften...
Soybeans led strength overnight, corn traded in a narrow range overnight and wheat futures were widely mixed, with SRW leading to the downside and HRS leading to the upside.
Short-term trend turns bullish for wheat, soymeal and cattle futures.
Wet, severe weather in U.S. | Heavy rains threaten China’s rice crop | Rule on H-2A workers
Soybeans strengthened overnight, along with soymeal and soyoil, while corn traded in a tight range around unchanged and wheat was widely mixed.
FOMC decision and Powell presser Wed. | Jobs report Friday