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Houthis harangue shippers, Congressional squabbling delays funding bill and China’s new home prices decline...
Houthi ship attacks | U.S. boosts sanctions on Russia | Fedspeak | Natgas prices | Election updates
Corn and soybeans gave up early corrective gains overnight, though wheat holds onto marginal gains. Weak export sales across the board helped spur selling pressure this morning.
Net soybean sales during the week ended Feb. 15 were down 84% from the previous week, while weekly corn and wheat sales were down 37% and 33%, respectively.
Corn, soybeans and wheat firmed amid corrective buying during the overnight session.
Poland will not meet with Zelensky, Soybean producers give EPA regs the side-eye and China’s property woes persist...
Is China favoring U.S. sorghum over corn? | Fed policy | U.S. crop sector shifts focus to domestic market with biofuels
Wheat showed relative strength overnight while soybeans led weakness, leaving corn caught between the two.
Wheat futures led a round of corrective buying in the grain markets during overnight trade.
Central Illinois cash corn price below $4.00 for first time since October 2020.
Cash hog prices gained strength in the seasonal rebound.
Fed fund futures continued to reflect the greatest odds for a Fed rate cut starting in June, with three or perhaps four reductions by year-end.
U.S. to replace Chinese-made port cranes, RFA appeals to Biden Administration and the CME Lean Hog Index springs higher...
Soybeans continue to lead the grain and soy markets, driving prices lower overnight.
FOMC | Will Dems protect House speaker? | E15, SAF | Food costs | Hogan again in Maryland
Tuesday’s corrective buying in the grain and soy markets dried up overnight, as corn, soybeans and wheat faced price pressure.