News
Wheat futures posted strong gains overnight amid global supply concerns given the political instability in Russia. Soybeans have firmed this morning while corn is mixed.
Biden on Monday will launch Investing in America roadshow; What’s next for Russia, Putin?
Mercenary fighters will escape repercussions; deal details awaited; what’s next?
Private Wagner army stopped just 120 miles from Russia capital
Head of Wagner military group threatens to bring soldiers into Russia
May placements increased 86,000 head from last year.
The drop in beef stocks was rather normal; pork inventories fell much more than average.
Access this week’s newsletter here.
In week ended June 15, weekly corn sales totaled a tepid 36,000 MT, an 87% drop from the previous week and 74% from the four-week avg. Soybean export sales fell 4% on the week, but were up 98% from the four-week avg.