News
Grain markets were closed overnight and are set to open at 8:30 a.m. CT. Outside markets are mixed, with crude oil favoring the upside and the U.S. dollar index near unchanged.
Corn, soybeans and wheat each favored the upside overnight with each firming into the break, as each saw little volatility overnight.
Corn, soybeans and wheat modestly favored the upside, while holding in tight trading ranges during a quiet overnight session.
Corn and wheat saw corrective buying on Thursday despite losses in the soy complex. Cotton futures slipped after intraday volatility. Cattle futures pulled back from recent gains while hogs saw light buying.
The projected decline in grocery store prices would be the first since they dropped 1.3% in 2016.
The RMI below growth neutral for fourth consecutive month.
Restaurant prices expected to increase 4.9%, up from 4.3% in November
Greece to send frigate to Red Sea, Foreign investment in China declines and feedyards pass on steady cash cattle bids...
Wheat futures showed relative strength overnight despite weakness in the soy complex, while corn traded in a tight range.
Pork export sales for 2023 and 2024 were strong and weekly shipments were a high for the year.
Corn, soybeans and wheat traded in narrow ranges during the overnight session.