News
China’s PMI falls, USDA creates 12 regional food centers and cash cattle trade begins to falter...
Corn, soybean and wheat futures were unable to build on Wednesday’s strong gains and faced pressure overnight.
China data questioned on all fronts, including ag production and stocks
Wheat basis firmed along with a rise in cash prices.
JPMorgan Chase & Co could process another 40 Russian grain export payments, two sources told Reuters.
A shift in farmers’ expectations regarding the Fed’s future interest rate policy was a key factor in the improved sentiment.
Wheat futures rebounded late in the overnight session, which should trigger followthrough corrective buying early this morning. Corn and soybeans are called lower.
Corn, soybean and wheat futures faced followthrough selling during overnight trade.
Mato Grosso grain storage deficit could reach 64 MMT...
President Biden asks to meet regarding looming debt deadline, Eurozone inflation continues to rise and the IMF raises Asian economic forecast...
Farm bill update | U.S./Canada trade officials to meet | Forbes on U.S./U.K. FTA
Soybeans extended gains from the past two days during overnight trade, while corn and wheat firmed amid mild corrective buying.
While the wheat crops in Oklahoma, Colorado and Montana showed modest improvement, the other states declined.
Weekly corn inspections topped pre-report estimates of 1.35 MMT for week ended April 27, while wheat was near the top-end pre-report range and soybeans mid-range.
Wheat futures opened the week under heavy pressure after the best rains across Plains HRW areas last week.
Dr. Glauber on crop insurance | EPA could delay decision to add electric vehicles to RFS