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Basis is better than average for corn and soybeans despite Mississippi River transportation slowdowns.
Soybean futures end mixed after U.S. dollar’s pullback drives early strength; corn down slightly, winter wheat firmer.
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Ahead of the Open | October 26, 2022 Winter wheat falls near five-week low on hopes for improved crop conditions; corn lower, soybeans higher.
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Corn and soybean futures found followthrough buying overnight while wheat futures rebounded as markets were supported by the recent sharp pullback in the U.S. dollar.
Soybean futures end higher amid sharp drop in U.S. dollar, easing harvest pressure; corn also higher, wheat at five-week low.
Food price forecasts continue to rise and are well above historical average rates.
Chinese Yuan loses double digits vs. the Dollar, Yellen addresses E.V. tax credit and cash cattle bids rise…
Wheat falls to one-month low on prospects for Plains moisture relief; corn lower, soybeans steady-firm.
Assessments of Chinese leader Xi Jinping begin following Party Congress
Corn and wheat traded lower overnight on followthrough selling, while soybeans faced two-sided trade.
Grain, soybean futures end lower on pressure from accelerating harvest, concern over demand and China.
Beef stocks increased less than normal during September, though inventories were record-large for the month. Pork stocks declined contra-seasonally last month.
Weekly export inspections for week ended Oct. 20 revealed another week of sizable soybean inspections, at nearly 3 MMT, while wheat fell short of the expected range of 200,000-500,000 MT, and corn was as expected.
Corn, soybeans and wheat futures open the week under pressure. Cattle futures are mildly firmer and lean hog futures are under corrective selling pressure.
Grain, soybean futures lower as U.S. dollar strengthens, crude oil drops.
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Grain and soy futures faced pressure from weak outside markets overnight.
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