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Johnson to consider two-step CR under suspension of the rules
Soybeans favored the downside overnight, while corn and wheat saw lighter price pressure. Each saw buyers come under the market this morning though and rallied into the break.
Soybeans and soymeal led a pullback from Monday’s gains during the overnight session, while corn and wheat saw lighter price pressure.
Chip Flory talks trade policy, government shutdown and ethanol with Iowa Senator Charles Grassley (R) in this excerpt from AgriTalk Radio November 13, 2023.
Both crops remain well above last year’s levels.
Weekly soybean inspections in week ended Nov. 9 fell 516,368 MT from the previous week and were shy of the pre-report range of 1.75 to 2.25 MMT.
Soybean futures are off to a higher start as corn and wheat futures lag. Cattle futures are under pressure with lean hog futures mixed.
Scott suspends presidential campaign | China buys more U.S. soybeans | Japanese yen at 1-year low
Soybeans saw sustained strength overnight while wheat and corn both favored the downside and went into the break nearer session lows.
Soybean futures firmed overnight while the wheat market weakened. Corn was caught in the middle amid light, two-sided trade.
House GOP offers two-step plan to fund gov’t; 2018 Farm Bill, orphan programs extended
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Federal Reserve Bank of Chicago cites survey results from ag bankers.
Fed chair Powell: ‘We’re trying to make a judgment at this point whether we need to do more’
Corn and soybeans saw modest losses overnight following volatile trade on Thursday following the updated USDA reports, while wheat went into the break on session highs, modestly higher
Corn, soybeans and wheat tried to work higher early in the overnight session, but buyer interest was limited and light pressure ensued.
Corn, soybeans, wheat and cattle each saw extensive selling throughout the session. Cotton rose on corrective buying and hogs continue to show relative strength on strong cash fundamentals.