News
Overnight trade was light and two-sided, though buyer interest is building with grain and soy markets trading near session highs this morning.
The national average corn basis turned negative for the first time since mid-April.
Grain, soybean futures end firm with boost from strength in crude oil, pullback in U.S. dollar; hogs extend plunge to nine-month low.
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Wheat futures extend corrective gains as traders watch Ukraine, corn firmer after dropping to three-week low.
Wheat futures firmed overnight, while soybeans faced mild selling pressure and corn was caught in the middle.
Wheat futures end higher in corrective rebound; soybeans close near three-week low; hogs plunge to nine-month low.
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Grain, soybean futures higher overnight in corrective recovery; USDA harvest progress slower than expected.
Corrective buying was seen in the grain and soy complex overnight as the U.S. dollar pulled back and crude oil firmed.
Corn futures drop near four-week low, soybeans near three-week low as surging dollar, recession worries pressure commodities.
CCI ratings have dropped 11 consecutive weeks for corn and eight straight for soybeans.
Weekly grain inspected for export through Sept. 22, proved dismal as corn and soybean inspections were reported below expectations, while wheat inspections were notably lower for the week but within the expected range.
House Ag panel Republicans want some answers on alleged Biden/USDA overreach using executive actions
Soybean futures drop to two-week lows, corn and wheat also lower on intensifying recession worries.
Grain and soy futures traded lower overnight on global economic concerns although soybeans recovered slightly on the open. Cattle futures are mildly higher with lean hogs under pressure to start the week.
House Ag panel Republicans want some answers on alleged Biden/USDA overreach using executive actions
No changes to short-, intermediate or long-term trends this week.