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Soybean inspections continue to run stronger than normal for this time of year.
Wheat futures gapped higher overnight and corn and soybeans open the week amid solid price support. Lean hog futures are sharply higher with the cattle complex mixed to moderately lower.
Wheat futures soar to multi-year highs after India bans exports; corn and soybeans also higher.
Short-term trend turns bullish for SRW wheat.
China’s economic activity plummets as Covid lockdowns hit growth
Wheat gapped higher, with HRW and HRS futures moving to new contract highs after India’s ban on wheat exports. Corn and soybeans also posted strong gains.
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India says nation’s food security is under threat
Soybeans end week strong as China purchase stirs demand optimism; wheat extends rally to contract highs.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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The European Commission looks to thwart Russian port blockade, diesel prices score fresh record high and the Bloomberg Commodity Agriculture Index soars...
Corn, soybean futures seen firmer on weather, supply concerns; spring wheat extends rally.
Fed chief Powell warns soft landing ‘won’t be easy’ and does not rule out higher rate hikes
Spring wheat futures built on Thursday’s limit-up performance overnight, while corn and soybeans also traded higher. Winter wheat futures eased a bit from yesterday’s strong gains.
New-crop corn futures rally after USDA cuts U.S. yield estimate; wheat surge on tighter supplies.
Based on U.S. Drought Monitor data as of May 10, 68% of the U.S. winter wheat crop area was experiencing drought, down one percentage point from the previous week.
Wheat prices post strong weekly gains.
Wheat futures rocketed higher on the bullish report data.
USDA also expects a drop in 2022-23 global wheat production and supplies.
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