News
Wheat futures extend rally on signs of stepped-up exports, corn and soybeans also firmer.
The CBO has completed its review of the BBB package, Biden will meet with his Canadian and Mexican counterparts today and UAW workers reach agreement with Deere and Co.
Deere workers approved a new six-year contract | Tai gives signals of Biden trade policy
Weekly soyoil sales were strong and much higher than expected.
Wheat futures led gains, pushing above yesterday’s highs, while corn and soybean futures did not clear Tuesday’s highs.
Soybean basis firmed 3 cents, while corn basis improved 5 1/4 cents.
Soybean futures surge to highest level since late September as exports pick up, wheat and corn also stronger.
October 2020 placements were unusually light and October 2021 had one less slaughter day than year-ago.
House Dems hope to pass BBB this week, Canada’s wheat plantings are likely to rise, and the EU looks to leverage imports against deforestation...
Soybean futures climb to three-week highs overnight, winter wheat firmer on tight supply outlook.
Deere strikers vote today | Yellen on debt hike | Inflation in U.S., U.K. rises | U.S./Japan trade
Soybeans led the overnight price rebound from Tuesday’s losses.
Profit-taking and a surging U.S. dollar weigh on grain, soybean futures, hog futures jump near two-week high.
Pelosi tells Dems they will not depart for Thanksgiving until vote on BBB
Corn, soybeans and wheat futures slip overnight on profit-taking pressure, soymeal extends gains.
President Biden met with his Chinese counterpart, Cordonnier holds Brazilian crop estimates steady and the opinions of traders differ with IEA on oil price...
Nearby soymeal futures are mildly firmer this morning but failed to push above Monday’s highs overnight.
Soymeal futures surge to four-month high, lifting soybeans, winter wheat extends rally to multi-year highs.
Federal Reserve Bank of Chicago notes strong farm incomes have translated into an 18% jump in farmland values.