News
Ukrainian grain transits Black Sea via temporary corridor, Aussie heat threatens wheat crop and the Bank of England hold rates steady...
FOMC | China buys U.S. soybeans, cotton | John Deere layoffs | GAO on Vilsack & CCC
Above-normal October rainfall would hamper corn and soybean harvest, but benefit winter wheat.
Grain markets were not immune to broad market selling pressure overnight, with corn, soybeans and wheat each facing losses into the break.
Weekly soybean sales for week ended Sept. 14, were reported at 434,100 MT, short , over 100,000 MT shy of the low-end pre-report estimate, while weekly corn and wheat sales landed just above the low-end estimate.
Corn, soybeans and wheat pulled back from corrective gains earlier this week during the overnight session.
Corn and soybean basis continues to fall as harvest activity increases.
Lawmakers press on Farm Bill, cattle futures warn of a major top and China holds rates unchanged...