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Soybean futures fall sharply as soymeal, soyoil tumble; winter wheat futures drop on wetter Plains outlook.
Soybean export inspections drop
Grain and soy complex futures open the week under heavy pressure. Cattle futures are posting corrective gains with lean hogs moderately to sharply lower.
Winter wheat drops to three-week lows on rain relief for Plains; corn and soybeans also lower.
China met with domestic and foreign banks on plan if Beijing hit with Russia-style sanctions
Bears took firm control of price action in the grain and soy markets amid risk aversion overnight as traders returned from the weekend.
USTR Tai, Treasury Secretary Yellen among speakers this week in Washington
Corn ends mixed but still near contract highs amid export demand, weather concern; soybeans mixed, wheat down sharply.
Davis Michaelsen and Editor Brian Grete discuss this week’s market action...
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Railroad gridlock bogging down the U.S. farm sector
Pelosi dismisses proposed gas tax holiday as a, ‘PR’ move, the first human case of H5 Bird Flu detected and EPA expects to release RVOs early next week...
Soybeans expected firmer as soyoil, palm oil rally to record highs; corn mixed, wheat lower.
Soybean futures gained more overnight than they lost on Thursday, making new highs for the week. Wheat and corn also firmed.
Proposes to increase wheat loan 63% to $5.52 bu.; oilseeds by 40%; rice and pulse 21%
Ethanol prices jump sharply
Nearby corn climbs further toward 10-year highs on Chinese demand, weather concerns; soybeans and wheat lower.
Corn, soybean and spring wheat drought areas decline
Ahead of the Open | April 28, 2022 Corn futures extend run to 10-year highs on weather, supply concerns; soybeans and wheat also firmer.
Beef and corn export sales drop
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