News
Trading occurred both sides of unchanged overnight, but profit-taking was seen into the break as corn, beans and wheat are each lower.
USDA’s Weekly Export Inspections data was within pre-report estimates, though corn and wheat inspections fell notably on the week, while soybean inspections rose slightly.
The Current Conditions Index fell 10.7% in August, while the Future Expectations Index declined 4.0%. The overall ag barometer was 1.7% lower than August 2022.
Corn and soybean futures are under pressure with wheat slightly higher to start the week. Cattle futures are weaker with hog futures firmer...
Global trade finance gap reached unprecedented $2.5 trillion last year
Corn and soybeans are expected to open with a weaker tone coming out of the holiday weekend, while wheat is likely to be mixed.
Corn, soybeans and wheat held in relatively tight ranges in two-sided trade overnight.
Russia continues to explore free grain plan and other ideas
Oil continues to rally | China helping Russia | CR plan | Ukraine shakeup | Trade policy