News
Grain and soy complex futures traded lower overnight amid corrective selling and pressure from outside markets.
Individual state crop conditions ratings showed further deterioration of the HRW wheat crop during January.
Weekly export inspections for week ended Jan. 26, showed corn inspections 200,860 MT below the previous week, missing low-end estimates by over 70,000 MT. Wheat and soybean export inspections were each notable.
Soybeans are sharply higher with wheat higher and corn futures mixed to start the week. Cattle futures are higher with lean hogs mixed...
Grain and soy markets are expected to see followthrough buying from price gains overnight amid weather concerns.
More than 25 million people in U.S. under winter weather alerts this morning
Grain and soy futures opened the week with solid gains, led by sharp advances in soybeans.
FOMC decision Wednesday | Jobs report Friday | Farm bill hearing in Senate
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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Corn, soybeans and wheat dropped at the end of the overnight session, prompting calls for a weaker start this morning.
Report: House GOP leaders considering short-term extension federal debt ceiling
Corn and soybeans posted two-sided trade in light overnight price action, while wheat faded.
Cash hog prices extend seasonal decline to nearly $7 below year-ago.
Corn, soybeans and wheat are expected to open with a firmer tone on followthrough from overnight gains, along with supportive weekly export sales data and strength in crude oil.
China increases corn in feed rations, U.S. money supply declines and Mosaic will not restart idled potash mine...