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Ukraine expects seeding area to match last year, India’s rice prices continue to rise and beef packers remain at a standoff with feedlots...
Traders await USDA reports, Conab slashes forecasts and ocean imports into the United States are increasing...
Soybeans led strength overnight while corn saw corrective buying from a fresh contract low. Wheat futures saw renewed selling.
During the week ended Feb. 1, USDA showed net soybean sales of 340,800 MT, short of pre-report estimates, while corn and wheat sales held steady week-over-week.
Mexico surpasses China as top source of goods imported by U.S. for first time in over two decades
Corn and wheat traded lower overnight, while soybeans firmed a little in quiet price action ahead of USDA’s February crop reports later this morning.
Basis turned slightly negative for corn and soybeans despite a big drop in cash prices.
Yellen to visit China, House Democrats keep Farm Bill hopes alive and Aussie meat exports surge...
U.S. pork producers in price vice last seen in 1998 and 1999 | Farm bill going backwards
Corn futures fell to contract lows overnight, leading soybeans and wheat lower as well. Traders await Thursday’s USDA reports, which will give a fresh look into South American crop estimates and U.S. balance sheets.