News
Corn, soybeans and wheat export inspections each topped the previous week, though soybean Inspections continue to run ahead of last year by nearly 3.0%, while corn lags by over 36.0%, with wheat behind by 1.6%.
Banking woes are pressuring grains and soy futures to start the week. Cattle futures open the week with mild gains as hog futures encounter hefty pressure.
Unease with the global economy tied to the banking sector will weigh on grain and soy futures.
Another weekend of financial firefighting casts gloomy tone for the week ahead
Short-term trends turn bearish for soybeans and lean hog futures.
Bears controlled price action in the grain and soy markets overnight amid ongoing macroeconomic unease.
FOMC rate decision | Yellen | Banking crises | New farm bill | Ukraine grain export pact
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Xi will visit Moscow next week for first time since Russia’s invasion of Ukraine
Grain and soy futures are expected to open higher. There was another daily corn sale to China.
Corn, soybeans and wheat were supported by corrective buying and outside markets overnight.
On March 18, 1973, the first issue of Pro Farmer newsletter was published. This issue marks our 50th anniversary.
Five years into trade war, China continues its slow decoupling from U.S. exports
Swiss Central Bank eases banking concerns, Yellen to pitch Biden’s budget to Congress and Argentine crushers 70% idle...
U.S. government forecasters signal La Niña has ended, but the extended weather forecast from the National Weather Service continues to indicate La Niña-like weather will persist through June.
Corn should be supported by strong weekly export sales and another daily sale to China.