News
USDA’s Weekly Export Inspections data was within pre-report estimates, though corn and wheat inspections fell notably on the week, while soybean inspections rose slightly.
The Current Conditions Index fell 10.7% in August, while the Future Expectations Index declined 4.0%. The overall ag barometer was 1.7% lower than August 2022.
Corn and soybean futures are under pressure with wheat slightly higher to start the week. Cattle futures are weaker with hog futures firmer...
Global trade finance gap reached unprecedented $2.5 trillion last year
Corn and soybeans are expected to open with a weaker tone coming out of the holiday weekend, while wheat is likely to be mixed.
Corn, soybeans and wheat held in relatively tight ranges in two-sided trade overnight.
Russia continues to explore free grain plan and other ideas
Oil continues to rally | China helping Russia | CR plan | Ukraine shakeup | Trade policy
Appropriations bills | Continuing resolution | Disaster aid | Air traffic control | G20 confab
Corn held on to corrective gains while soybeans and wheat turned lower. Cotton powered to yearly highs. Cattle faced losses while hogs showed relative strength.
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China’s small factory sector expands, Union workers forge labor agreement and cash cattle trade stumbles...
How USDA may provide 2022 disaster aid
Grain and soy futures are expected to open with a firmer tone to start the new month after corrective gains overnight.
The new month kicked off with corrective price gains in the grain markets overnight, led by soybeans.
A rising U.S. dollar index pressured crop and hog markets today, though cattle showed relative strength.
Cash soybean prices mildly firmed while corn and wheat values dropped over the past week.
The overall drought footprint across the U.S. was unchanged, but corn, soybean and cotton areas worsened.