News
Short-term trend turns bearish for live cattle and feeder cattle.
Soybeans led overnight price declines amid improved weather in Argentina, while corn and wheat followed to the downside.
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From an underlying standpoint, the data is bullish as feedlot supplies declined from year-ago for a fourth straight month.
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AgResource sampled fields across Mato Grosso, Brazil, this week, confirming “impressive crop potential” in the country’s top producing state.
Corn, wheat and soymeal export sales top expectations for the week ended Jan. 12, while soybeans landed in the mid to upper range of expectations.
Mixed messages on Global inflation, inflation firms in Japan and traders expect feedlot inventories to continue to fall...
Grain and soybean futures are expected to open with a mostly weaker tone this morning, though supportive export demand data could trigger buyer interest.
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Corn and winter wheat futures extended losses from the two previous days overnight, while soybeans turned mixed this morning after facing pressure earlier in the session.
After the Bell | January 19, 2023 Forecasts of improving weather in Argentina over the next two weeks weighed on the grain and soy complex.
The National Weather Service (NWS) 90-day forecast continues to call for increased chances of below-normal precip across most of the Central and Southern during the February through April period.
RMI shows some optimism for rural economy,
Average farm diesel price falls below $4 for the first time since late February 2022.
The Treasury Department will take “special measures” to pay its bills, beef/pork ratio favors pork and Russia will raise soybean export tax...
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The drought footprint continued to gradually recede but remained wide.
Corn, soybean and wheat futures are expected to face followthrough selling after a lower close on Wednesday and weakness overnight.