News
Corn and soybeans favored the downside overnight, with soybeans leading the way lower. Both went into the break well off session lows. Wheat traded higher, continuing to show relative strength.
Our updated monthly and quarterly price forecasts.
As EU/Mercosur near closing trade deal, U.S. ag sector anxiety increases re: trade policy
Vilsack expects Chinese corn demand to return to U.S., Eurozone inflation continues lower and feedlots hold out for higher cash cattle bids...
Corn mildly favored the upside overnight, fueled higher into the break by export sales coming in above expectations at a marketing year high, while wheat and soybeans were slightly lower.
Weekly corn, soybean and wheat sales for week ended Nov. 23 each topped pre-report expectations and rose notably from the previous week.
Corn, soybeans and wheat again traded in relatively tight ranges during a quiet overnight session.
Basis remains well below average for corn and soybeans.
OECD predicts slowing economic growth, bellies lead cutout decline and USDA suspends ERP...