News
U.S. export sales to all destinations topped 2 million tonnes each for corn and soybeans for week ending March 3
Grain and soy complex futures are called higher, with wheat trade likely to remain extremely volatile. Livestock futures are expected to face followthrough selling.
Corn, soybean export sales above expectations
Wheat futures gapped lower overnight after limit-down closes on Wednesday and sharply extended losses. But wheat filled the gaps and is trading higher this morning, as are corn and soybeans.
Wheat basis plunged over the past week amid the surge in futures.
Winter wheat plunges 85-cent limit as USDA unexpectedly boosts supply projections; corn, soybeans also lower.
USDA reflected no expected increase in U.S. wheat exports, despite the Russia/Ukraine conflict. U.S. corn exports were increased to reflect fewer anticipated shipments from Ukraine.
U.S. bean and corn carryout stocks decreased, wheat increased
Wheat futures drop sharply for second day as trade watches Russia-Ukraine; soybeans higher ahead of USDA report.
USDA will not likely change much in its S&D report tomorrow, Russia says it is mulling retaliation on the West for economic sanctions and Boozman asks for more time on CRP decisions...
New world disorder taking shape | USDA WASDE today | Wheat market volatility continues
Winter wheat futures traded sharply lower overnight but generally held above Tuesday’s lows. Soy complex futures traded sharply higher. Corn mildly favored the downside.
Winter wheat futures plunge in volatile trading fueled by Russia-Ukraine; soybeans up sharply on export business.
Some analysts upping odds of $5-plus regular gasoline average ahead
Winter wheat futures under pressure following volatile overnight session; corn also lower, soybeans higher.
Russia has agreed on a civilian escape route out of Ukraine, avian flu has been discovered in an Iowa turkey flock and crop consultant leaves Brazilian crop forecasts unchanged...
May SRW wheat is higher this morning after extremely volatile trade overnight, but other wheat contracts and corn are lower. Soybeans are firmer.
Wheat sharply higher but mostly off limit-up levels as Russia/Ukraine conflict escalates; corn mixed, soybeans mostly higher.