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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...
USDA’s weekly export data for week ended Jan. 19 showed wheat sales up 6% from the previous week and 84% from the prior four-week average. Net soybean sales were up 53% from the four-week average, while corn was up 46%.
Soybeans and wheat built on Wednesday’s gains during the overnight session, while corn rebounded from yesterday’s modest declines.
U.S. money supply fell for first time ever in 2022 | Will we have a new farm bill this year?
Cash hog prices continued their extended seasonal decline.
Beef stocks rose more than average during December, while pork stocks increased versus the normal small drawdown in inventories during the month.
USDA’s food price outlook data and forecasting methodology were revised this month.
Germany, Poland and others will send tanks to Ukraine, USDA will release Cold Storage Report this afternoon and McCarthy will meet with Biden ahead of the State of the Union Address...
Soybeans are expected to open weaker, with wheat firmer and corn near unchanged.
Corn and wheat futures were supported by followthrough buying overnight after strong gains on Tuesday, while the soybean market extended yesterday’s declines.
Trade officials unimpressed with Mexico’s approach to biotech, McCarthy releases House panel roster and Cordonnier stands pat on Argy crop estimates...