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U.S./China talks to improve relations | Trump’s trade proposal analyzed | Gas prices rise
Iowa and Nebraska led the CCI declines, while crops in Illinois improved.
Markets saw upside for the most part today, led by soybean strength. Wheat and cotton struggled to maintain spillover strength.
Soybeans showed relative strength overnight and carried corn futures higher into the break. Wheat futures continue to fall under pressure.
Ukrainian farmers fret | Gaimondo in China | Biden vs Trump trade policy
Corn and soybean futures were supported overnight by crop concerns amid expectations for a poor finish to the growing season, while wheat futures slumped.
Raimondo in China | Russia confirms Prigozhin killed | More restrictions on India rice shipments
Trump uses mug shot to campaign | Boozman interview re: farm bill | Putin comments
Mixed action in the grains today with soybeans leading strength, corn closing roughly flat and wheat leading losses.