News
The RMI below growth neutral for fourth consecutive month.
Restaurant prices expected to increase 4.9%, up from 4.3% in November
Greece to send frigate to Red Sea, Foreign investment in China declines and feedyards pass on steady cash cattle bids...
Wheat futures showed relative strength overnight despite weakness in the soy complex, while corn traded in a tight range.
Pork export sales for 2023 and 2024 were strong and weekly shipments were a high for the year.
Corn, soybeans and wheat traded in narrow ranges during the overnight session.
Basis firmed for soybeans and is now positive.
The ag markets saw selling pressure across the board today aside from cattle, which rose on anticipation of firmer cash trade.
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