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Strong week for cotton export sales and shipments.
Two-sided trade was seen in grain and soy futures overnight, but markets are softening this morning, led lower by soybeans and soyoil.
Soybeans rise sharply in wake of fresh export business; wheat rebounds after steep, two-day sell-off.
Our updated monthly and quarterly price forecasts.
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Corn, wheat futures expected firmer following overnight rebound, soybeans also higher.
Corn and wheat futures posted corrective gains overnight after sharp losses Wednesday, while soybeans built on yesterday’s gains.
Fed banks highlight economic conditions, including for the ag sector.
Soybean basis remains well above average.
Corn futures plunge to nine-week lows as planting nears completion; wheat extends slump on hopes for Ukraine shipments.
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Wheat futures expected firmer as trade eyes prospect for Ukraine shipments; corn, soybeans firmer.
Two-sided trade was seen overnight, with wheat and soybeans firmer amid corrective buying this morning, while corn is trading just below unchanged.
Winter wheat futures tumble to four-week lows on potential for Ukraine supplies; corn drops to four-week low.
HRW crop is still rated well below its five-year average, while the SRW crop is slightly above normal.
Corn inspections were near the middle of expectations, while soybean inspections were at the lower end of what traders anticipated.
Wheat and corn futures are under heavy pressure coming out of the holiday weekend amid reports Russia will work with Turkey to facilitate Ukrainian grain exports.
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