News
After the Bell | September 12, 2023 USDA’s September Crop Reports cast a negative tone across corn and soybeans, while wheat ended mildly positive after reaching fresh contract lows late-morning.
Corn and soybeans saw buying overnight, bringing both markets on technical resistance into the break. SRW futures made a new contract low overnight, with wheat futures falling across the board.
Weekly new-crop corn inspections have kicked the marketing year off ahead of last year at this time by over 4%, while soybean inspections lagged by over 21% in week ended Sept. 7.
Corn and soybean futures are slightly higher with wheat under moderate pressure. Cattle futures are mostly higher with feeder futures mixed and choppy. Lean hog futures are off to a solid start...
CCC in focus | UAW deadline Thursday | Yellen on U.S. economy | Sorghum outlook
Corn and soybean futures mildly favored the upside in light trade overnight, while wheat posted modest losses.
G20 leaders announce joint infrastructure agreement linking India with Middle East & Europe
Access this week’s newsletter here.
Oil prices & inflation | China’s ag import strategy | STB proposes rule | Crop insurance