News
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.
Soybeans are leading a round of broad-based selling to start the week. Cattle futures are lower with lean hogs under pressure...
Grain, soybean futures down sharply on favorable Midwest weather outlook, China tensions.
Short-term trend turns up for corn, soymeal and cotton.
China’s central bank cuts rates after a raft of disappointing economic data
Soybeans led a round of heavy, broad-based selling across the grain and soy markets overnight amid favorable weather, along with heightened Chinese tensions and economic concerns.