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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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Wheat futures down sharply on prospects for Ukraine supplies; soybeans climb to contract highs.
Short-term trend turns up for hog futures.
Wheat futures faced heavy pressure coming out of the extended weekend, which pulled corn lower. Soybeans were firmer overnight.
With Congress out, focus on reports, EU meeting, Russia gains in war with Ukraine
Corn, wheat futures end higher ahead of long holiday weekend as weather remains concern, soybeans mixed.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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USDA Secretary Tom Vilsack at Thursday’s Senate Ag Committee hearing discussed a wide array of topics critical to the ag sector and impacts to farmers.
Soybeans seen slightly lower after push near five-week highs; corn, wheat mixed ahead of holiday weekend.
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Trading ranges were much tighter overnight than recent days in corn, soybean and wheat futures.
Corn falls to six-week low on lackluster exports, favorable weather; soybeans rally on concern over delays in northern Midwest.
Recent rains have eased drought in the Southern and Central Plains, but the relief is too late for much of the crop.
Cash wheat prices fall sharply but still well above year-ago.
USDA to allow producers to request voluntary termination of CRP
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