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Aid for Ukraine, Israel | Vilsack to testify | 2022 Ag Census | CPI report | House special election
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Ukraine expects seeding area to match last year, India’s rice prices continue to rise and beef packers remain at a standoff with feedlots...
Soybeans continue to lead weakness, giving up all of Thursday’s gains overnight, while corn followed to the downside. Wheat futures saw modest corrective gains overnight.
Cocoa surges | India rice prices record high | Senate to hold votes on aid to Ukraine, Israel, Taiwan
Corn faced followthrough selling overnight, while soybeans more than erased Thursday’s gains and the wheat market was mixed.
Senate takes step to advance aid to Ukraine, Israel, Taiwan | Farm income | USDA reports
USDA unexpectedly increased corn ending stock and raised soybean carryover more than anticipated.
USDA showed soybean ending stocks rose 35 million bu. from January, while corn rose 10 million bu,. Meanwhile, 2023-24 global soybean carryover was notably higher than expectations.
Traders await USDA reports, Conab slashes forecasts and ocean imports into the United States are increasing...
Soybeans led strength overnight while corn saw corrective buying from a fresh contract low. Wheat futures saw renewed selling.
During the week ended Feb. 1, USDA showed net soybean sales of 340,800 MT, short of pre-report estimates, while corn and wheat sales held steady week-over-week.
Mexico surpasses China as top source of goods imported by U.S. for first time in over two decades
Corn and wheat traded lower overnight, while soybeans firmed a little in quiet price action ahead of USDA’s February crop reports later this morning.
Basis turned slightly negative for corn and soybeans despite a big drop in cash prices.
Yellen to visit China, House Democrats keep Farm Bill hopes alive and Aussie meat exports surge...