News
U.S. and Taiwan talk trade, the U.N. releases report confirming forced labor in China and renewed shipping woes begin to multiply...
The NWS 30-day forecast calls for below-normal precip across the northern and western Corn Belt during September. There are also higher odds of above-normal temps over much of the western Corn Belt next month.
Republicans get nervous about taking over Senate amid indications of very tight contests
As of Aug. 16, 67% of the U.S. was experiencing abnormal dryness/drought, according to the U.S. Drought Monitor, up one point from the previous week. Rainfall across the Midwest was ‘hit-and-miss.’
Corn, soybeans under pressure ahead of Midwest rains; winter wheat drops to seven-month low.
USDA export sales data through week ending August 11, revealed new-crop soybeans sales were the largest for either 2021-22 or 2022-23 since the end of March, with wheat export sales reaching a marketing-year low.
Active followthrough selling weighed on wheat overnight, while corn and soybeans faded amid spillover pressure and favorable weather forecasts.
Corn and soybean basis continues to slip ahead of harvest, but remains well above average.
Corn, soybean futures bounce from early weakness, end higher, though Midwest weather leans bearish; wheat lower.
New mandatory water cuts for some states & Mexico
Grain, soybean futures higher in corrective rebound, but Midwest weather still leans bearish.
Corn, soybeans and wheat posted two-sided trade overnight but are mildly firmer this morning amid light corrective buying.
Soybeans tumble near two-week lows on favorable Midwest weather outlook; corn and wheat also lower.
Consultant trims corn crop estimate, inbound shipping slows at west coast ports and egg prices tumble...
Grain, soybean futures expected lower on Midwest rain, China concern, accelerating Ukraine shipments.
Tuesday primaries: Voters in Wyoming and Alaska head to the polls
Corn, soybean and wheat futures extended yesterday’s losses overnight but all three markets held above Monday’s lows.
The corn CCI rating has dropped for five straight weeks.
Soybeans down sharply on favorable Midwest weather outlook, China concerns; corn, wheat also lower.
Export Inspections for week ended August 11, 2022 were within trade expectations, but well below last week’s figures. Corn, Soybeans, and wheat continue to fall behind year-ago levels.