News
Natural gas prices in Europe at pre-war levels; output in top U.S. gas-producing basin drops by record amount
Soybeans built on Tuesday’s gains overnight but failed to get near yesterday’s highs. Corn and wheat futures held in tight trading ranges in thin trade.
Corn futures jump to seven-week high amid China optimism, soybeans fade from rally above $15, wheat mixed.
Corn export inspections for week ended Dec. 22 were up on the week and short of the high end of expectations, while soybeans landed on the upper end of trade expectations, but trailed the previous week by 210,237 MT.
Corn and soybean futures are firmer as wheat futures retrace early gains. Lean hogs are off to a strong start to the week with cattle futures mixed.
Russia, Ukraine make conflicting comments on ending war
Grain, livestock markets re-open following long holiday weekend as traders eye S. America weather.
Short-term trend turns up for several markets, including corn, soyoil, SRW wheat and live cattle.
No overnight grain trade. Grain and livestock markets will reopen at 8:30 a.m. CT following the extended holiday weekend.
China Covid-19 update | Chinese army swarms near Taiwan | Drone attack in Russia
Corn ends at three-week high, soybeans firmer ahead of holiday weekend; wheat gains on concern over extreme Plains cold.
The Dec. 1 hog herd fell 1.8% from year-ago and was 210,000 head less than the average pre-report estimate implied.
The Dec. 1 feedlot inventory fell 2.6% from year-ago, the third straight month with a year-over-year decline.
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Supply chain back to normal | Weather outside is frightful | PCE inflation slows | Food prices
Wheat firmer amid concern extreme Plains cold may damage crop; corn hits three-week high, soybeans firm.
Corn, soybeans and wheat firmed after trading lower early in the overnight and are near their highs this morning.
Corn, soybeans end lower following lackluster export sales; HRW wheat hits three-week high on concern over Plains cold.
Ag sector mostly pleased with add-ons
Big U.S. cotton sales cancellations to China | Senate tries to deal with omnibus hurdle