News
Grain and soy futures are expected to open sharply lower after active followthrough selling overnight.
Corn inspections in week ended June 22 fell short of the expected pre-report range by over 150,000 MT and were down over 280,000 MT on the week. Wheat and soybean inspections landed in their lower respective ranges.
Soybean and wheat futures are off to a strong start with corn futures mixed. Cattle futures are choppy to mostly lower with lean hogs are higher on support from the cash market...
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Wheat and soybeans are expected to open sharply higher, while corn is expected to show a mixed tone.
Short-term trend turns bearish for live cattle and feeders.
Wheat futures posted strong gains overnight amid global supply concerns given the political instability in Russia. Soybeans have firmed this morning while corn is mixed.
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