News
Selling was featured across the grain and soy complexes to end the week, though corn and soybeans were able to notch modest weekly gains, while wheat futures marked contract lows.
Weekly new-crop corn and soymeal sales for the week ended July 18 each exceeded analyst’s expectations, while new-crop soybean sales were within the upper-end of the pre-report range.
Corn near unchanged, beans and wheat lower early this morning.
Basis drops for corn and soybeans as cash prices rise.
Corn futures edged higher for the third straight session, though earlier gains across the grain and soy complexes faded as the U.S. dollar rose from its mid-morning low.
Rising property insurance costs for farmers and ranchers | GT Thompson blasts Stabenow
Corn and wheat saw action on either side of unchanged overnight though corn, soybeans and wheat were each trading lower into the break.
Technical headwinds and U.S. dollar strength weighed on wheat futures, which pulled corn and soybeans from intraday highs.
‘Unless conditions change, I believe we’re heading into a perfect storm…’
Stabenow on farm bill | A new El Niño | Cheatle faces widespread calls to resign | FY 2025 Ag spending bill delayed | House clears WRDA measure