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Crop conditions continue lower, China fights yuan depreciation and cash hogs rebound slightly...
House Ag Chair Thompson sticks with upbeat farm bill Ag panel, House vote timeline
Grain and soy futures are expected to open with a varied tone today. Price direction will largely be determined by money flow to start the new month.
Corn, soybeans and wheat traded on both sides of unchanged while holding in relatively tight ranges during the overnight session.
The spring wheat CCI rating was the lowest of the growing season; the corn and soybean crops were still above their early July ratings.
Weekly wheat inspections in week ended July 27 rose 220,413 MT from the previous week, topping the pre-report range. Shipments are now running 4.8% behind a year ago, compared to 16.9% last week.
Grain and soy futures open the week under pressure. Cattle futures are higher with lean hog futures under pressure...
NPPC details cost of complying with Calif. Prop 12 requirements
Grain and soy futures are expected to open sharply lower this morning after heavy selling pressure overnight.
Corn, soybeans and wheat faced heavy price pressure during the overnight session.
Jobs report Friday | Russia/Ukraine peace talks | Podcast series on history of farm policy
Congress leaves with key funding & farm bill matters in limbo: See you in mid-September
Ag markets saw mixed action at the end of a volatile week.
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Thompson looks for September Farm Bill markup, House Ag committee works to regulate cryptocurrencies and African nations urge Putin to end Ukrainian conflict...
All signs point toward a sharply lower open in grains this morning, though a series of daily soybean sales could somewhat limit buying in that market.
Corn, soybeans and SRW wheat extended Thursday’s losses overnight, while the HRW and HRS markets also weakened.