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But he acknowledged that a recession was ‘certainly a possibility’ given the global situation. Recessionary fears are building with economists.
New-crop soybeans drop to six-week low on outlook for milder Midwest weather; wheat lower amid harvest pressure.
President Biden to call on congress to suspend gasoline and diesel taxes, shipping prices begin to ease and the Senate Ag Committee will vote on two key livestock bills...
New-crop soybeans fall to five-week low on improving weather outlook; wheat firmer in corrective bounce.
Grassley says votes in place in Senate Ag panel and full Senate for livestock bills
Wheat was supported by corrective buying overnight though futures are well off the highs this morning. Soybeans faced active followthrough selling, while corn was modestly lower.
The CCI ratings for all three crops are above the respective five-year averages for the date.
Corn, soybean futures down sharply on outlook for less-threatening Midwest weather; winter wheat plunges as harvest accelerates.
Inspections fell from the previous week for corn, soybeans and wheat.
Grain and soy complex futures are under hefty pressure with livestock futures trading mixed to start the week.
Winter wheat drops to two-month lows as harvest pressure expands; corn, soybeans also under pressure.
WSJ survey accelerates odds of U.S. recession but Biden, Yellen say it is ‘not inevitable’
Grain and soy complex futures are under solid pressure coming out of the holiday weekend, led lower by sharp losses in soyoil.
Fed Chair Powell appears before House, Senate panels
Corn futures fade from early climb to four-week highs as Midwest faces another heat wave; wheat drops sharply.
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Sugar futures rise on reports India plans to cap exports and Brazil fuel hike
Eurozone inflation continues to surge, Argy 2023 wheat crop estimates fall and Fannie May expects a sharp drop in home sales...
Corn futures climb to four-week highs, soybeans firmer as Midwest heat stresses crops; wheat mixed.