News
Corn and soybeans saw strength overnight, led by corrective strength in the old-crop/new-crop calendar spreads.
Officials are not expecting major breakthroughs, but at least the two sides are talking.
Corn, soybeans and wheat each traded higher in early overnight trading on reports that the U.S. and China will be meeting to discuss trade.
U.S., China to hold trade talks in Geneva this weekend.
Improvement in farmer sentiment occurred despite ongoing trade disputes with many of U.S. agriculture’s largest trading partners.
Trade focus is also on China, Japan, EU and others.
Winter wheat futures led strength overnight with old-crop corn following to the upside.
Corn and winter wheat markets were supported by light corrective buying overnight, while soybeans and spring wheat faced light followthrough selling.
The HRW crop improved despite a decline in top producer Kansas, while SRW crop improvement was primarily in leading producer Illinois.