News
The driest areas of the Corn Belt are Nebraska and South Dakota.
Biodiesel makers warn of industry collapse without immediate tax credit extension.
Consolidation was featured across the grain and soy markets overnight following recent heavy selling pressure.
Each notched weekly declines, though soybean sales were up notably from the four-week average, while corn sales dipped modestly.
U.S. dollar index falls to lowest level since February as President Trump eyes early Fed chair announcement.
Basis modestly improved for soybeans and wheat amid the sharp cash price declines.
Passage of the bill is seen as a prerequisite for unlocking trade agreements with nations including India, Japan, and Vietnam, and for addressing issues such as digital taxes on U.S. businesses abroad.
Persistent selling continues across the grain and soy markets, with corn leading the way lower overnight, marking a fresh contract low.
Corn futures posted contract lows amid continued selling.