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Day 1 observations and comments from Brian Grete, director of the eastern leg of the Pro Farmer Crop Tour.
Spring wheat crop posts improvement.
Corn, soybean futures surge to highest levels in a week in corrective rebound, wheat also higher.
Beef supplies typically increase during July, but not this year.
USDA’s weekly export inspections proved steady for corn, soybeans and wheat for week ended August 18. Corn and wheat inspections were notably higher over the previous week, while soybeans fell behind.
Corn futures are trading on either side of unchanged with soybeans higher and wheat futures under some mild selling pressure to start the day. Cattle and lean hog futures are moderately lower...
Drought, other bad weather now key focus in ag markets around the world
Soybeans firmer in corrective rebound, corn steady-firm as traders watch weather, Pro Farmer Crop Tour.
First Thing Today | August 22, 2022 Soybean futures post corrective gains overnight as market awaits Pro Farmer Crop Tour reports.
Fed Chair Powell speaks Friday at Jackson Hole Economic Policy Symposium
Davis Michaelsen previews Crop Tour ’22 with Chip Flory and Brian Grete...
Corn, soybean futures end firmer but down for the week as traders await Midwest Crop Tour; wheat up in corrective bounce.
Given that all three categories were on the bearish side of the average pre-report estimates, cattle futures will likely face pressure on Monday.
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Xi and Putin to attend G20 summit in Bali, says Indonesian president
China issues drought emergency, Ukraine wheat harvest nearly complete and traders expect lower cattle placements...
Soybeans expected lower with rain expected to aid crops; corn little changed, wheat firmer in correction.
Wheat futures were supported by mild corrective buying overnight, while corn and soybeans pulled back from yesterday’s gains.
Corn, soybean futures end higher second day in row on stronger exports as traders eye weather; wheat drops to 10-month lows.
Big price rebound for cotton following USDA’s much smaller-than-expected crop estimate on Aug. 12.