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Biden Admin misses own greenhouse gas deadline, Senate kicks funding can and spring crop insurance prices are set...
Corn and soybeans favored the downside and are near session lows this morning, while wheat is mostly weaker.
Basis firms for both corn and soybeans but remains slightly below average.
Biden administration SAF details coming by March 1
FY 2024 funding update | Biden protest vote in Michigan | Beyond Meat | Higher swine line speeds until 2025
Corn futures showed relative strength overnight, soybeans pivoted near unchanged and wheat gave up a significant portion of Tuesday’s gains.
Corn and soybeans are trading near unchanged this morning after light two-sided trade overnight, while wheat futures have weakened.
U.S./Mexico GMO corn-for-food flap | Kroger-Albertsons merger | Panama Canal | U.S. dollar