News
Biden, Manchin talked Monday evening as revised BBB still possible
Grain futures seen narrowly mixed in pre-holiday trade, South America dryness supporting soybeans.
Price action in grain and soy futures was relatively quiet in two-sided trade overnight.
Soybean futures settle at 2 1/2-month high as South America dryness persists, wheat firmer, corn down slightly.
Soybean and wheat export inspections each declined mildly from week-ago.
Wheat extends three-week slide, corn also lower; soybeans supported by South America dryness
Soybean futures are higher with corn and wheat under pressure. Cattle and hog futures open the week amid moderate selling pressure.
China’s central bank cuts main interest rate first time in 20 months as other central banks tighten
Corn, soybean and wheat futures were unable to sustain initial strength overnight and are trading near session lows this morning as the overall marketplace adopted a general risk-off stance.
White House, Sen. Sanders issue harsh statements about Manchin
Editor Brian Grete and Davis Michaelsen discuss this week’s market action...
Soybeans end week at 2 1/2-month high, corn at 4 1/2-month high on export optimism. wheat drops third week in row.
Creighton University’s RMI shows strong rural economy
Access this week’s newsletter here.
Grassley wants DOJ probe of fertilizer industry
Grassley calls for fertilizer price scrutiny, nations adjust monetary policy and Manchin is still a no-go on BBB...
Soybean futures on pace for third straight weekly gain, wheat seen slightly firmer, corn weaker.
Soybeans and wheat found mild followthrough buying overnight, while buying was restricted in corn and spring wheat.
Soybeans posted highest close since late September after export sales top expectations, corn firmer, wheat rebounds sharply.