News
The underlying data was bullish as the U.S. cattle herd contracted further — and will continue to do so.
Corn, soybeans and wheat each favored the downside most of the overnight session, though saw corrective gains into the break with soybeans leading the way higher.
Corn, soybeans and wheat extended Monday’s losses during the overnight session.
Malanga notes the possibility of the Federal Open Market Committee (FOMC) considering a rate cut in March if labor market weakness becomes apparent.
During the week ended Jan. 25, weekly wheat and soybean inspections were down from the previous week, while corn inspections rose 155,000 MT.
Corn, soybeans and wheat futures open the week under pressure. Cattle future are choppy with lean hogs mildly higher this morning...
What farmers are asking & saying | Ag Trade Caucus formed amid growing tensions over U.S. trade policy
Corn, soybeans and wheat each saw continued selling pressure overnight, though saw modest corrective gains from session lows into the break.
Short-term trend turns bullish for lean hog futures.
Corn, soybeans and wheat faced increased selling pressure during overnight price action and are trading near session lows this morning.