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Corn and soybeans are higher as wheat opens the week with sharp gains. Cattle futures are mixed but mostly higher with lean hogs moderately firmer...
Text and other provisions released for proposed House farm bill
Reference prices | Crop insurance | Payment limits | Base acres | Trade promotion | CCC
Grain futures are expected to open with a firmer tone after gains overnight. Key will be whether overnight price strength is maintained during daytime trade.
Soybeans firmed to near their weekly highs overnight, while corn and wheat recouped some of their declines from the three previous days.
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During the week ended May 9, weekly pork sales totaled 21,100 MT, a marketing-year low, while soybean sales missed the pre-report range of estimates, falling 38% from the previous week. Weekly corn sales dropped 17%.