News

China to cut banks’ reserve requirement ratio 50 basis points from Feb. 5, inject 1 trillion yuan into market
After the Bell | January 23, 2024
Bret Waltz from BAM WX advises caution until the weather turns and offers hope for rivers in need of re-charge...
U.S. corn prices cheapest for exports | Vilsack on farm bill, biofuel issues | China update
Corn, soybeans and wheat pivoted near unchanged most of the overnight session though surged higher into the break.
Corn, soybeans and wheat are mildly favoring the upside this morning after trading narrowly on either side of unchanged overnight.
After the Bell | January 22, 2024
During the week ended Jan. 18, weekly corn and soybean inspections dropped 233,127 MT and 117,068 MT, respectively, while wheat inspections rose 72,112 MT from the previous week’s totals.
Corn and soybeans are mildly higher with wheat futures mixed to start the week. Livestock futures are under pressure...
Farm Bureau president cites lack of labor as ag sector’s biggest problem
Corn and soybeans each pivoted around unchanged most of the overnight session and went into the break near unchanged while wheat futures favored the downside.
Short-term trend turns bullish for cotton, remains bearish for corn, soybeans and wheat
Corn, soybeans and wheat traded on both sides of unchanged during the overnight session but are mostly weaker this morning.
DeSantis suspends presidential bid ahead of New Hampshire primary, supports Trump | Food import costs surge/Red Sea attacks | Tax package outlook
All three categories virtually matched the average pre-report estimates.
After the Bell | January 19, 2024
Access this week’s newsletter here.
Senate Ag Chair Debbie Stabenow crafting crop insurance plan with tough choices for farmers.
Biden admits U.S. strikes have not stopped Houthi attacks on ships on Red Sea
Corn, soybeans and wheat each saw continued corrective gains overnight, with corn and wheat both supported near the break by export sales coming in above expectations.
Get News & Markets App