News
Dec. 1 stocks, final 2022 production estimates and ending stocks lower than expected for corn and soybeans.
USDA estimated 59% of U.S. winter wheat areas were covered by drought, down five points from the previous week and 10 points lower than last year at this time.
Corn, soybeans turn higher on USDA data. Corn and soybean production also fell short of estimates, leaving ending stocks below the average pre-report estimate.
South American crop forecasts fall, the EU expects a rise in wheat production and China’s Consumer Price Index firms...
Soybeans and corn are expected to be supported by Argentine crop concerns and outside markets.
White House: President Biden does not support a ban on gas stoves
Weekly export sales for week ended Jan. 5 reported corn sales below low-end expectations for the second week straight, while wheat and soybeans each landed within their lower expected ranges.
Grain and soybean futures firmed overnight amid followthrough buying as traders awaited USDA’s January crop reports later this morning.
Soybean basis declined but remained above futures and the cash price firmed over the past week.
After the Bell | January 11, 2023 Gains in soymeal and crude oil futures underpinned strength in the grain and soy complex ahead of Thursday’s government updates.
Farmers have waited for months for some farm policy decision to be made by USDA, notably the Phase 2 provisions of the Emergency Relief Program (ERP).
Soybeans are expected to lead price gains in the grain and soy markets this morning after a strong performance overnight.
Corn and soybeans firmed after initially trading lower overnight, while wheat futures favored the downside in two-sided price action.
What if we don’t get a farm bill in 2023?
After the Bell | January 10, 2023 Grains ended the session mostly lower in anticipation of USDA’s final estimates to the 2022-23 crop on Thursday.
USDA will release its Annual Production Summary, Supply & Demand Report, Winter Wheat Seedings and Quarterly Grain Stocks Report on Thursday.
Vilsack announces several policy updates at Farm Bureau annual meeting
Cordonnier cuts Argy corn and soybean crop estimates, India expects record wheat crop and the House passes a rules package...
Bears tightened their grip on the grain and soy markets overnight after a disappointing finish on Monday. Lower price action is expected this morning.