News
Soybean futures retreated from Tuesday’s gains during overnight trade, while the corn and wheat markets have weakened after two-sided price action earlier in the session.
Trump defends tariffs, dismisses threat of retaliatory moves; China cancels more SRW wheat
Corn, soybeans and wheat each drifted lower on low volume in overnight trade, giving up a portion of Friday’s gains.
Short-term trends turn sideways for corn, soybeans, soymeal and soyoil.
Corn, soybeans and wheat pulled back from Friday’s corrective gains during the overnight session.
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Domestic ending stocks were unchanged for corn and soybeans, higher for wheat and lower for cotton.
Corn and soybean ending stocks were unchanged from February, while wheat ending stocks rose 15 million bu. However, global corn and wheat ending stocks were lower than pre-report estimates; soybeans were as expected.
U.S. job growth totaled 275,000 in February, exceeding expectations | Sugar updates