News
Corn, soybeans and wheat each opened lower overnight but recouped most of the losses and are trading nearer session highs.
Grains led strength overnight, led by the wheat market. Soybeans lagged behind and continue to trade in a tight range.
Wheat led overnight price gains after an unexpected drop in crop ratings.
The modest declines came despite improvements in the top producers for both crops – Kansas for HRW and Illinois for SRW.
During the week ended May 15, corn inspections rose 419,000 MT from the previous week, nearly topping analysts’ pre-report range. Soybean inspections were notably short of expectations.
A discussion on a historical look at USDA’s initial WASDE projections.
Wheat, corn and soybeans are higher to start the week. Cattle and hogs are choppy, but mostly lower...
RFK Jr. to target farm chemicals, sugar in MAHA Commission report.
Corn, soybeans and wheat each posted gains overnight, making up a portion of Friday’s losses.
Short-term trends remain unchanged for most markets this week.