News
Wheat inspections during the week ended May 22 rose on the week, while corn and soybean inspections each marked declines.
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Corn, soybeans and wheat each saw modest losses most of the overnight session though selling efforts accelerated in corn and beans following this morning’s posts from President Trump regarding EU tariffs.
U.S. to tell EU its offer falls short of administration’s demands.
Corn, soybeans and wheat poised to post strong weekly gains.
Several U.S. farm commodity groups and the American Farm Bureau Federation did not hold back in criticizing portions of the report.
Soybeans and cattle saw relative strength today, breaking out of recent sideways ranges.
Cash soybean prices weakened over the past week.
Bond market movements will be key on many fronts moving forward.
Corn, soybeans and wheat each opened lower overnight but recouped most of the losses and are trading nearer session highs.
Crude oil futures are under pressure and the U.S. dollar index is firmer.