News
The U.S. Climate Prediction Center (CPC) now says there are 91% odds La Niña will persist through the September-November timeframe and 54% chances it lasts through January-March 2023.
Oil prices plunge to lowest level since January over global economic growth concerns
Drought improvement was seen in Texas, but conditions worsened in the Central and Northern Plains, along with areas of the Midwest.
Grain and soybean futures traded both sides of unchanged overnight, with corn weaker while soybeans and wheat are firmer this morning.
There is an expected weakening of demand over the next six to 12 months.
Corn and soybean basis continues to weaken as early harvest begins.
Soybeans fall to three-week low on crude oil plunge, demand concerns; corn lower, SRW posts eight-week high.
The latest ENSO forecast model runs by the U.S. National Oceanic and Atmospheric Administration (NOAA) suggested that La Nina may last longer than previously suggested.
CHIPS Act limits U.S. tech footprint in China, Russia balks at Ukrainian export deal and China’s trade surplus drops to historic low...
China’s exports in August show sharp slowdown from July, weakest expansion since April
Wheat futures surge to five-week high on concern over Ukraine supplies; corn and soybeans also firmer.
Wheat futures surged overnight amid news Russia is rethinking the Ukraine grain export deal. Corn and soybeans followed wheat to the upside.
The CCI rating has dropped for eight straight weeks for corn; five consecutive weekly declines for soybeans.
Soybean futures lower on favorable Midwest weather, Argentina supplies; corn firmer, wheat mixed.
Sep. 1 marks the calendar for a new marketing year. Corn and soybean inspections make a notable start; ahead of last year.
Corn and wheat futures are mildly higher with soybeans under hefty pressure. Cattle futures are higher with lean hogs lower to start the week...
Soybeans lower on prospect for greater Argentine supply; corn, wheat firmer after three-day weekend.
Short-term trend turns from bullish to sideways for soybeans.
WTO Director-General Ngozi Okonjo-Iweala gives somber assessment of world trade, economy
Corn, soybean and wheat futures are trading near session lows this morning amid a varied price tone coming out of the extended holiday weekend.