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EU conducting investigations into major tech companies under Digital Markets Act
Corn traded in a tight range overnight while soybeans and wheat favored the upside. Volatility is likely to remain limited in corn until Thursday’s USDA reports.
Corn and soybean futures swung to both sides of unchanged during the overnight session, while wheat favored the upside.
Next up in Congress: Aid for Ukraine & Israel; House farm bill focus in April and/or May
Annual report from Illinois Society of Professional Farm Managers and Rural Appraisers.
Access this week’s Newsletter here...
FY 2024 funding | Border tensions | Paraguayan beef trade | Labeling of cell-cultured meat & poultry products
Corn, soybeans and wheat each favored the downside overnight, though pared losses into the break.
Soybean futures posted sharp losses overnight, while corn and wheat traded mildly lower.
WIC | CCC | SNAP | Biofuels, GREET, SAF | China | Farm income | Ag aid | Dairy
Creighton University’s monthly survey finds negative outlook by bankers deepening but farmland values holding stable.
Lower global prices to spur Chinese demand, Congress releases minibus bill and EU PMI rises...
FOMC details | Hearing on China | Billions for microchips | Tax bill fate | Second minibus
The Seasonal Drought Outlook calls for drought to persist across much of Iowa, Minnesota and Wisconsin through June.
Corn, soybeans and wheat each favored the upside overnight, though corn and soy went into the break well off session highs.
Weekly wheat sales were reported at (109,600) MT for the week ended March 14, which were down noticeably from the previous week. Corn and soybean sales were as expected.
Soybeans posted followthrough buying to Wednesday’s strong gains during overnight trade, while corn and wheat mildly favored the upside.