News
Corn and wheat futures extended Monday’s corrective gains overnight, while the soybean market recouped a small portion of yesterday’s losses.
Soybeans drop over 20 cents as weekend rains bring relief to Argentina; wheat up sharply on Ukraine concern, corn also firmer.
Weekly export inspections for Dec. 8, revealed corn and wheat on the shallow-end of expectations, while soybeans proved mid-range. Each were notably lower than the previous week’s data.
Soybean futures lower in wake of higher USDA stocks, Argentina rains; corn and wheat higher
Soybeans and soymeal are under hefty pressure with corn and wheat moving higher. Live cattle futures are choppy with feeders under pressure while lean hog futures soften.
Short-term trend turns sideways for lean hog futures.
Soybean, soymeal and soyoil futures faced moderate to heavy pressure overnight, while the corn and wheat markets firmed.
Fusion breakthrough | Crude prices rise | Another stopgap spending measure likely
Another Fed rate hike is coming this Wed., but what follows?
Odds rising rice aid will be part of omnibus spending measure
Soybeans post sharp weekly gain behind soaring soymeal, China demand; corn ends firmer, wheat extends slide.
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Corn ending stocks landed on the higher end of pre-report expectations due to a reduction in exports, while soybean ending stocks were unchanged. However, corn world ending stocks proved short of pre-report estimates.
USDA made no changes to the soybean or wheat balance sheets this month.
Erdogan will work to smooth Black Sea grain export deal, Chinese hog futures tank and France boasts excellent wheat crop...
Grain, soybean futures mixed-firmer, in narrow ranges ahead of monthly USDA Supply & Demand update
Producer Price Index Rises More Than Expected
Corn, soybeans and wheat traded mildly higher in light overnight action as traders awaited USDA’s December crop reports later this morning.
Soybeans climb near highest since mid-September on China demand, soymeal rally; winter wheat lower; corn firmer.
