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Corn and soybeans are higher as wheat opens the week with sharp gains. Cattle futures are mixed but mostly higher with lean hogs moderately firmer...
CBO analyst takes on GT Thompson and staff on CBO scoring, but facts dispute CBO reasoning
Strong gains in wheat led corn and soybeans higher overnight. Wheat maintaining overnight gains will be key as the recent trend has been overnight strength followed by weakness after the open.
Short-term trend shifts from bullish to neutral for corn.
Wheat futures rebounded from the poor finish last Friday by posting strong gains during the overnight session. Corn and soybeans followed to the upside.
Iran president missing | Israel in crisis | Fed’s Powell positive for Covid-19 | Food prices | Anti-dumping duties on 2,4-D imports from China, India
House bill favors production ag; Senate bill puts lid on food stamp/TFP, conservation and CCC program changes
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Text and other provisions released for proposed House farm bill