News
Big China buy of U.S. corn | Food price inflation continues | Smithfield CEO talks China
Argentine crop continues to suffer, Russia agrees to Black Sea export deal extension, but Ukraine wants more and PETA issues annual call for the White House not to use real eggs...
Grain and soy futures are expected to open lower after pressure during overnight trade. Corn could get a boost from daily export sales to China.
Corn and soybeans faced followthrough selling overnight, while the wheat market pulled back from Monday’s corrective gains.
Weekly export inspections for week ended March 9, showed corn inspections for the week at over 999,000 MT, near top-end pre-report estimates, while soybeans were mid-range. Wheat inspections were just shy expectations.
Corn and soybeans opened the week under light pressure with wheat higher. Cattle futures are lower with lean hog futures narrowly mixed...
SVB, Signature Bank depositors to get all their money as Fed moves to stem crisis
Grain and soy markets are expected to open under pressure amid broader risk aversion.
Grain and soy futures favored the downside overnight as anxiety with the U.S. banking situation triggered general risk aversion.
Vilsack testifies Thursday before Senate Ag panel
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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USDA wants FSA to become ‘lender of first opportunity’
Soybeans are expected to open with a weaker tone after price pressure overnight. Corn and wheat may receive some support from a sharp drop in the dollar.
Soybeans traded higher on corrective buying early in the overnight session but are weaker this morning, while corn and wheat pivoted around unchanged.
Budget proposals focus on conservation, research, lending and farm bill