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House to hold second vote on Jordan, Outlaw says division is hindering Farm Bill progress and USDA announced changes to August reports...
After the Bell | October 16, 2023 Huge soybean inspections, record September NOPA crush and fading soyoil stocks pulled the soy complex higher, while corn and wheat futures succumbed to mild pressure.
Jordan gives assurances on farm bill, appropriations, other issues to woo naysayers
Soybean export inspections during week ended Oct. 12 rose over 600,000 MT from the previous week, notably exceeding pre-report estimates. Meanwhile, corn inspections fell short of the expected range.
Corn futures are lower with soybeans firmer and wheat mixed to start the week. Cattle futures are mildly firmer and lean hog futures are choppy with seller interest limited...
Short-term trend flips from bearish to sideways for soymeal.
Corn, soybeans and wheat favored the upside on the overnight open but saw selling pressure as the session went on. Wheat held onto gains, but corn and soybeans went into the break near unchanged.
Corn, soybeans and wheat held in relatively tight trading ranges during a quiet overnight session.
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Iowa has entered the legal fray by challenging a recently enacted Massachusetts law that prohibits the sale of pork not meeting specific hog-confinement standards, according to the Iowa Capital Dispatch.