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Russia/Ukraine | COP27 | Weakened Trump may announce his candidacy Tuesday
Grain, soybean futures higher on sharp U.S. dollar pullback, China easing Covid restrictions.
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USDA’s long-term baselines include the initial projections for 2023-24.
China eases COVID restrictions, Yellen questions whether positive inflation data is a turning point and bankers eye 2024 balance sheets...
Soy complex futures led a wave of strong corrective buying overnight on support from outside markets and stronger risk appetite as China eased its Covid regulations.
Quarterly bank survey finds strong financial condition but rising interest rates and drought are cause for concern.
Corn futures sink to 11-week low on eroding charts, soft export demand; soybeans off sharply, wheat lower.
Sharp drop in cash corn prices.
Senate battle continues, France goes on high alert for bird flu and Argy wheat crop forecasts fall...
Corn, soybean futures lower amid demand concern; wheat futures higher as dollar tumbles.
USDA estimates the drought footprint covers 74% of winter wheat acres.
Weekly export sales for week ended Nov. 3 proved corn export sales remain week, missing low-end expectations by nearly 35 MT, while soybeans, wheat fell on the low-end of the range for the week.
Mexico again says no to GMO corn | Midterm election update | Russia decoy?
Corn and soybean futures are lower and near their session lows this morning after two-side trade overnight. Wheat futures are mixed.
Soybean basis rises sharply as export demand picks up.
Corn futures drop to two-month low after USDA boosts crop estimates; wheat also hits two-month low, soybeans firmer.
Wheat futures had the sharpest price reaction to the data. Soybeans initially traded lower but quickly bounced back.
USDA’s Nov. WASDE and production updates yielded increases in corn and bean production; however, corn carryout fell short of expectations while soybean carryout was pegged 8 million bu. higher than the average estimate.
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