News
Soybean basis dropped sharply amid the surge in futures, but the average cash price still rose sharply.
Saudi Arabia to prolong unilateral oil production cut by one month
Soybean futures aggressively extended Friday’s price rally during overnight trade. Corn followed to the upside, while wheat traded mixed.
Jobs report Friday | Canada strike | Tyson Foods to reintroduce certain antibiotics into chicken supply chain
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Corn plantings greatly topped expectations, while soybean acres fell well shy of the pre-report estimate.
USDA reported over 94 million corn acres, which is over 2 million above pre-report estimates, while soybean acres were pegged at 83.505 million acres, over 4 million acres below the average pre-report estimate.
USDA to update balance sheets today, states appeal to Federal Judge to overrule WOTUS and Argy wheat production is expected to recover...
Survey shows production costs a concern for ag economists
Grain and soy futures are expected to trade higher this morning on followthrough corrective buying after strength overnight.