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Mexico’s president shakes up his trade team as USTR Tai holds virtual meeting
“Extreme” or “exceptional” drought now covers 59% of Kansas, including virtually all of the southern half of the state and many of the western counties.
Weekly export sales for week ended Oct. 27 reported corn, soybeans, and wheat on the lower end of estimated ranges. Soybeans export sales remain marginally ahead of last year, while corn persistently lags by over 50%.
Corn and wheat futures faced followthrough selling overnight, while soybeans gave back more than they gained on Wednesday.
Corn and soybean basis continues seasonal recovery from harvest lows.
Wheat futures tumble after Russia resumes participation in Ukraine export deal; soybeans climb to six-week high.
Powell’s comments seemed to walk back the more dovish tone in the post-meeting statement.
Russia affirms Ukraine export deal, Fed expected to raise rates another 75 basis points and Eurozone PMI falls to longtime low...
Russia will resume participation in Black Sea grain deal
Wheat futures plunge after Russia resumes participation in Ukraine export deal; corn, soybeans also down.
Wheat futures led a sharp drop in prices early this morning as news of Russia resuming its participation in the Black Sea grain export initiative hit markets.
Soybeans rally near six-week high as Brazil protests fuel supply concern; corn, wheat up on Ukraine uncertainty.
Putin backtracks on Ukraine grain export deal, HRW crop conditions at lowest level on record and the Fed is paying out more than it is earning...
Has China changed its zero-Covid policy? Speculation said yes, but official said no
Ahead of the Open | November 1, 2022 Wheat futures mostly lower as Ukraine shipments continue; soybeans rise to five-week high, corn weaker.
Soybeans built on Monday’s gains during overnight trade, while the corn and wheat markets pulled back amid corrective selling.
The SRW CCI rating was also well below average for the end of October.
After the Bell | October 31, 2022 Grains rally after Russia withdrawal from Ukraine export agreement fuels supply concerns; soybeans also higher.
Weekly export inspections for week ended Oct. 27 were delayed this morning due to technical issues, but revealed figures for corn, soybeans, and wheat all within expected ranges with soybeans near the top end.
Wheat and corn futures are sharply higher with soybeans posting limited gains to start the week. Cattle futures are lower and lean hogs are narrowly mixed.