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Corn, soybean and wheat futures extended recent losses overnight amid a lack of supportive news and elevated risk aversion.
Highlights of agricultural conditions across the 12 Fed districts.
Cash cattle prices score new all-time high.
After the Bell | April 19, 2023
World’s first carbon import tax approved by EU lawmakers
Grain and soy futures will face pressure from corrective selling and negative outside markets.
Corn, soybean and wheat futures pulled back from gains earlier this week amid corrective selling overnight and negative outside markets.
Inspections of vessels waiting to exit or enter the Ukrainian Black Sea were suspended for a second day in a row. . .
After the Bell | April 18, 2023
Ag attache cuts Argy crop estimates, Ukraine looks to resume grain transit through Poland and China’s pork output rises sharply...
China’s Q1 GDP beats expectations | Leaders in meat exports | USDA data users’ confab
Soybeans are expected to open higher on followthrough buying. Mixed trade is likely in corn and wheat.
Soybean futures led a round of followthrough buying during overnight trade.
Condition ratings continue to show two starkly different U.S. winter wheat crops.
After the Bell | April 17, 2023
USDA reported corn inspections of 1.215 MMT in week ended April 13, topping the pre-report range of 700,000 MT to 1.05 MMT
Soybean futures are higher with wheat and corn futures choppy to start the week. Cattle futures are firmer with lean hogs working higher as well...
Soy futures are expected to open firmer on support from an Argentine grain inspector strike at ports. Corn and SRW wheat are also expected to trade higher, while HRW and HRS wheat futures will likely face light selling.
Farm bill listening session in New York focuses on dairy policy | Lula & Xi work deals
Short-term trend turns bullish for soymeal.
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