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Wheat saw relative strength overnight while corn and soybeans faced sustained selling pressure
Weather outlook puts grain futures under pressure a day ahead of key USDA data...
USDA updated acreage, quarterly grain stocks reports loom
Fertilizer price swings from the Iran conflict and wet Corn Belt weather have traders on edge ahead of Tuesday’s 11 a.m. CT release. Grain stocks also in focus, with corn inventories expected to be highest since 1988.
Wheat faced heavy selling overnight, giving up all of yesterday’s gain.
Grain markets heading into critical two-week trading period
Spotty thunderstorms in the Midwest and heavy rains in the Gulf Coast were the main precipitation events
Grains saw early gains overnight but turned lower going into the break.
Weather-market-scare window starting to close for corn market
Corn, soybeans and wheat each rose on corrective buying overnight.
Grain trading may be more subdued in coming days as traders await two key events
This afternoon, Senate Agriculture Committee Chairman John Boozman released a draft that aims to strengthen farm safety-net programs and rural development initiatives while avoiding the most controversial ag policy issues.
Grains saw a modest bounce following Monday’s losses but struggled to hold onto gains.
Another New World screwworm case in Texas
HRW rating declines, while SRW sees improvement