News
The modest declines came despite improvements in the top producers for both crops – Kansas for HRW and Illinois for SRW.
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Weekly cash corn prices weakened, while soybean prices firmed.
Administration lacks the capacity to negotiate deals with all of its trading.
Soybeans tried to work higher on corrective buying overnight, but succumbed to continued pressure on soyoil late in the session.
Potential quiet end to the week comes after earlier volatile price action.
Bankers Note weakening financial conditions.
Chicago Federal Reserve Bank Also Finds 4% Quarterly Gain.
Creighton’s monthly survey finds growing pessimism.
Weakness was featured in cattle and beans while grains have begun to show more resilient strength.