News
APK-Inform projects decline in Ukraine grin output, HRW crop condition remains historically low and this afternoon USDA will detail frozen meat stocks...
Biden officially announces re-election in 3-minute taped message with focus on Trump
Grain and soy futures are expected to favor the downside after failing to sustain corrective buying overnight.
Grain and soy markets worked higher on corrective buying earlier in the overnight session, but buyer interest is drying up this morning.
The HRW CCI rating remains historically low, while the SRW rating is above average.
USDA’s export inspection data for week ended April 20, showed corn and soybeans declining notably from the previous week, while wheat inspections rose by over 100,000 MT.
Corn futures are under pressure with soybean and wheat futures mixed. Cattle futures opened lower with lean hogs mildly higher...
China cancels prior buy of U.S. corn | China walks back ambassador’s remarks on post-Soviet statehood
Grain and soy futures posted two-sided trade overnight, suggesting a rather directionless start to the daytime session.
Short-term trends turn sideways for corn, soybeans and soymeal.
Wheat futures posted mild corrective overnight, while soybeans traded mixed and corn faced followthrough selling.
Biden to announce bid for re-election | Key U.S. economic reports | Farm bill update
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
At least two vessels carrying a combined 79,150 MT of Brazilian soybeans are heading to the U.S. soon, according to shipping data.
The report data is mildly negative compared with pre-report expectations, especially placements. But the report is not bearish.
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EU imports of Ukrainian grain still in flux, California raises water use allocation and traders expect USDA to report contraction in cattle herd...
Yellen on China | CBO updated forecasts May 12 | House debit-limit plan vote next week