News
Large purchases from China during week ended Dec. 7 boosted wheat sales to 1.5 MMT during the week, a marketing-year high. China’s purchases totaled 1.12 MMT during the week.
Annual Iowa State University survey finds farmland values rose in first half 2023, plateaued by end of year.
HPAI in Ohio ‘mega-flock,’ 8 million birds depopulated | More disaster aid in 2024 | SAF guidance | Inflation better than expected
Corn and wheat are expected to open higher amid corrective buying, with soybeans likely to face light profit-taking.
Soybean futures built on Monday’s gains during the overnight session, while corn and wheat firmed amid corrective buying.
Corn and soybean inspections during week ended Dec. 7 declined 464,719 MT and 188,847 MT, respectively, while wheat inspections rose nearly 95,000 MT.
Soybean futures are sharply higher with wheat lower and corn caught in the middle. Livestock futures are mostly higher...
Beans are expected open higher, wheat lower and corn near unchanged.
