News
Global food prices soften, economists expect a rise in non-farm payrolls and Argy corn crop outstrips USDA estimate...
Weekly soybean sales during the week ended Jan. 25 missed the pre-report range by over 330,000 MT, while soymeal sales exceeded expectations. Corn and wheat sales were within pre-report estimates.
Corn, soybeans and wheat kicked off the new month with a round of fresh selling during the overnight session.
Corn and soybean basis remained positive but slightly below average for this time of year.
The underlying data was bullish as the U.S. cattle herd contracted further — and will continue to do so.
Updates on border security, tax package measures
Pushback is evident as ag stakeholders await next steps in long farm bill process
Corn, soybeans and wheat each saw renewed selling pressure following Tuesday’s corrective gains, with wheat futures leading the way lower.
Corn, soybeans and wheat pulled back from Tuesday’s strong corrective gains during overnight trade.