News
Market remains keyed in on U.S. weather, ignoring bigger picture
China buys meaningful amount of U.S. corn for first time in over a year.
Oppressive heat lingers over Midwest, Plains
Veronia Nigh, economist at The Fertilizer Institute, says there are three key drivers in fertilizer right now.
Soybeans led corrective strength overnight, corn pivoted near unchanged and wheat saw relative weakness, giving up a portion of recent losses.
Warmer-than-normal weather in Midwest through the rest of July
December futures are poised to break higher, but need some help.
Corn, soybeans and wheat each saw weakness early in the overnight session.