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Soymeal and soyoil export sales came in above expectations.
Grain and soy futures posted light, two-sided trade overnight in thin pre-holiday price action.
Corn futures pierce $6.00, close at six-month high, soybeans at four-month high on South America dryness, winter wheat also stronger.
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EPA is currently evaluating the use of dicamba and whether it can be sprayed on GMO cotton and soybean plants with resistance to the chemical.
Corn futures top $6 for first time since July, soybeans near four-month high on South America dryness, wheat firmer.
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Soybean futures extended Tuesday’s strong rally overnight, while old-crop corn futures finally topped the $6 level after nearly two months of trying to get above that psychological mark.
Cash soybean meal prices surge above $400 but are still slightly below year-ago.
Soybean basis slips but remains well above the three-year average.
Corn jumps to six-month high, soybeans at 3 1/2-month high on South America dryness, winter wheat up sharply.
The U.S. hog herd is expected to be 2.9% smaller than year-ago as of Dec. 1.
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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.
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