News
Buying was seen across the grain markets overnight, follow-through buying after the break will be key in determining if buying is just a corrective bounce or if an interim low could be in place.
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
Appropriations bills | Continuing resolution | Disaster aid | Air traffic control | G20 confab
Corn held on to corrective gains while soybeans and wheat turned lower. Cotton powered to yearly highs. Cattle faced losses while hogs showed relative strength.
Access this week’s newsletter here.
China’s small factory sector expands, Union workers forge labor agreement and cash cattle trade stumbles...
How USDA may provide 2022 disaster aid
Grain and soy futures are expected to open with a firmer tone to start the new month after corrective gains overnight.