News
Corn, soybeans and wheat favored the downside in quiet, two-sided trade overnight, though seller interest has picked up early this morning with futures trading near session lows.
China weighs gradual zero-Covid exit
Most of the modest improvement was in SRW CCI ratings.
December corn falls to four-week low, soybeans fade from six-week high amid demand concern; wheat mixed.
Following are USDA’s initial assumptions for 2023-24.
Weekly export inspections for week ended Nov. 3 revealed soybean inspections notably above the top-end estimate of 2.5 MMT, while corn and wheat each fell short of low-end expectations for the week.
Corn and soybean futures are mildly weaker with wheat higher. Cattle futures are mixed with lean hogs supported by corrective buying to start the week...
Soybeans drop from six-week high amid China demand concern; corn and winter wheat also lower.
USDA is expected to make minor adjustments to its U.S. crop estimates and balance sheets, though bigger changes are possible for global wheat production.
Midterm election day nears with GOP likely winning House and Senate very close
Corn, soybeans and wheat traded mildly lower overnight amid a pullback from last Friday’s gains.
WASDE report Wed. | CPI report Thurs. | U.S./Taiwan trade talks | COP27
Davis Michaelsen and Hillari Mason discuss this week’s market action...
Soybeans extend rally, end at six-week high on strength in crude oil, vegoil; corn and wheat also higher.
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China may adjust COVID policy, FAO lowers global cereal grain production forecast and rail unions still mulling labor agreement...
Soybean futures on pace for weekly gain on strong vegoil markets, demand ideas; corn and wheat also firmer.
USDA expected to announce more details re: Emergency Relief Program
Corn, soybean and wheat futures firmed overnight amid corrective buying as outside markets provided support.